5 Ways Being Responsive to Tenant Issues Helps with Retention

There are plenty of nightmare tenants out there, so when you end up with a good renter in your home, it's important to keep them happy. Tenant retention is one of the most critical components of your property-management income as it can lead to lower overhead with respect to marketing, showing apartments and paying for tenant screening. The ideal situation is having tenants who want a long-term lease with your property and only leave because they're buying a house of…Read More

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How To Manage A Rental Property

Being a landlord can be a dream come true, but it also means that you need to know how to manage a rental property. A landlord isn’t the easiest job you’ll ever have. Some tenants are very independent and want to be left alone. In return, they’ll treat your property as their own and you […]

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How To Lower Property Taxes

Having lower property taxes is essential to creating more profitability. Whether you own a rental property or you own your own home, your jurisdiction has a certain taxing authority that allows them to charge for the rights to own land and property improvements. With home values rising again, taxes are going to go up. If […]

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1099 Misc Rental Property

Under current tax laws, any time that you create income for someone, you must issue a 1099 MISC form to that person. For rental properties in the past, this included having to issue forms to property managers for the fees that they would charge to manage a rental. Many of these regulations were repealed in […]

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1031 Exchange Rental Property

When you are working with rental properties, sometimes an exchange makes more sense than an outright sale. In a 103 exchange, which is often referred to as a “like-kind” exchange, one business asset is simply swapped for another asset. This trade is usually taxable, but a 1031 exchange has limited taxes that are due at […]

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How to Fix Sinkholes

Any property can end up having a sinkhole appear somewhere. Sinkholes happen because the bedrock that is supporting the soil collapses. This creates a hole that needs to be repaired. It can happen naturally, but most sinkholes on a property are caused by the rotting stumps that are left behind from cleared trees. Sometimes debris […]

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How to Fix Washing Machine Agitator

Although the new energy efficient washing machines don’t necessarily have an agitator, most of the appliances that are owned today still have this central component in the wash basin. It turns to move the clothes about to get them clean. Over time, however, the agitator can stop moving and a repair will be required. Most […]

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How to Find Tenants for Rental Property

It isn’t difficult to find tenants for a rental property. It can be difficult, however, to find good tenants for your vacancies. If you want to know how to find tenants for rental property vacancies, then the first thing you’ve got to do is know what your local laws happen to be. Illegal discrimination practices […]

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How to Find Distressed Properties

If you’re looking for a prime property investment to rent to tenants, then knowing how to find distressed properties can give your income a real boost. Distressed properties are still everywhere in the United States. There are enough vacant homes that every renting and homeless household could have their own property and there would still […]

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Business Rental Properties

Much of the focus on the rental property market is with residential properties. Business rental properties, however, shouldn’t be ignored if you’re looking to earn a good living within the field of real estate. There are 6 things that should be considered before you get involved with a business rental, however, so that you can […]

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Bonus Depreciation on Rental Property

Many rental property owners know about depreciation. Every year, anything of value that is used for business purposes, such as a house that is being rented, can be depreciated so that the investment can be returned eventually each year at tax time. For years prior to 2014, bonus depreciation is the taking of anything of […]

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