As a landlord, don’t necessarily take the first tenant prospect who expresses interest in renting your property. Eager tenants who show up with a fist full of cash eager to move in right away may have just been evicted.
continue readingGross rent tends to be much higher when you rent property short term (i.e. by the day on Airbnb). However, your net income may not be higher because short-term rentals often have higher expenses for advertising and cleaning.
continue readingAs a landlord, it’s best to have a thorough written rental policy that uniformly applies to all tenants and all tenant applicants.
continue readingWhen you rent a property, set up group appointments so all the prospective tenants come at the same time. The prospective tenants may bid up the price of your rental and allow you to rent for a higher price.
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