Your Springtime Rental Property Checklist
Happy Spring! Well, almost anyway. While some say that Spring begins on March 1, the March equinox, or when the Sun crosses the equator line and heads northward in the sky, happens on March 20. After the 20th, the Northern Hemisphere begins to tilt more towards the Sun, resulting in longer days and warmer temperatures.…
Read MoreSelling A Rental Home – Tax And Tenant Considerations
Here’s a common scenario in the landlord world – while a lease agreement is in place, either the landlord wants to sell his residential rental property, or the tenant is interested in purchasing it. If the tenant wants to buy the home he’s renting, and the landlord is open to the idea, then a transaction…
Read MoreA Federal Court Steps Into The Eviction Moratorium Controversy
If you’ve been reading my blog over the past few months, then you’re fully up to speed on the New York State and Federal eviction moratoriums that have been in place over the past year to deal with the COVID crisis. I know this issue is important to the landlords I serve, so I will…
Read MoreTax Deductions For Landlords
Ugh! It’s almost that time of year again, the dreaded tax season. If you’re like me, there are few things I look forward to less than dealing with my taxes. But if we have to go through the dreary exercise of giving Uncle Sam his due, it’s smart to take every legal tax deduction possible.…
Read MoreThe Gross Rent Multiplier – A Useful Real Estate Investment Tool
If they want to be successful, rental real estate investors have to do a lot of homework. All potential rental investment properties should be thoroughly analyzed before an offer to buy is made. Often, an REI evaluates multiple investment opportunities simultaneously. Is there a quick way to rank which of these opportunities might be the…
Read MoreHow To Effectively Handle Landlord-Tenant Disputes
For most landlords, dealing with tenant disputes is at the top of their list of most hated things to do. Most of us don’t seek conflict or enjoy dealing with it, but resolving problems is an inevitable part of life. That said, when dealing with tenants, the majority of disputes can either be avoided entirely…
Read MoreThe Stunning Rise In American Housing Prices
We spend a great deal of time, as we should, discussing the income and operating cost side of the residential real estate rental market. However, as any savvy real estate investor will tell you, that’s not the whole story. An essential part of the real estate investment equation is the value of the rental property.…
Read MoreConverting Your Former Home To A Rental Property
How do many people initially become rental real estate investors? By converting their former residence into a rental property. This happens most with folks over the age of 60 who are ready to retire and transition into a new life phase. That said, many young people are also asking themselves, am I better off renting…
Read MoreThe Best Rental Property Upgrades For 2021
In addition to taking care of required maintenance, smart landlords are always looking for ways to upgrade their rental properties. Why? When you upgrade your property, you’re increasing your rental value and putting yourself in a better position to attract a higher quality tenant. Here are a few upgrades you should consider doing this year.…
Read MoreHow To Find Investment Properties For Sale
I’m often asked the best ways to find investment properties for sale. In today’s tight real estate market, that can be a real challenge. Let’s explore the various ways to find rental real estate for sale in 2021. The number one way to find investment properties for sale is by networking. You may not be…
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