Learning Center

Quick answer: The best ways to add value to a MULTIfamily property are upgrades that raise rent or reduce turnover: refreshing common areas, improving curb appeal and landscaping, adding security and package-theft protection, modernizing units, improving energy efficiency, upgrading to central HVAC, and adding amenities like in-unit-friendly laundry, pet areas, storage and shared outdoor space. The 12 highest-ROI moves are below. The 12 ways at a glance: improve common areas, upgrade landscaping and curb appeal, add security, protect tenant pac…

The U.S. sets itself apart from other countries by offering a great advantage to real estate investors through 30-year fixed-rate mortgages. This isn’t commonly provided where other countries tend to present mortgages that have adjustable, variable, flexible, or renegotiable rates. Understandably, the risk factor in these mortgage offers tends to be high when the interest rate suddenly skyrockets while owning the property. Fixed-rate mortgages let rental property investors avoid future interest rate hikes although there are times when the mort…

After an evicted renter has left your property, another issue may surface which is dealing with their possessions in your unit. You may be tempted to throw everything away in order to quickly clean out your unit, but you have to exercise caution since disposing of private belongings can lead to legal consequences you’d want to avoid. Knowing how to handle the leftover possessions of an evicted renter can help you protect yourself. Check out this article for some great tips on managing the belongings of a tenant who was evicted from your rental …

Being a first-time landlord exposes you to new challenges but there are ways to ease the transition. It’s vital for new landlords to form good habits and create efficient systems to help reduce stress. These systems can also lead to plenty of savings by avoiding costly mistakes. With an effective management system, you can properly handle your rental properties and respond to critical situations, especially property emergencies. Being organized leads to cultivating good relations with the renters where they trust you more and be happy enough to…

For landlords, the process of conducting a tenant walk-through inspection is part of the normal course of doing business. It’s essential to help ensure tenants respect and maintain your rental units. But, what exactly should you look for during the walk-through? How do you ensure everything gets checked off? How should it be documented? In this blog post, we’ll explain why conducting tenant walk-through inspections can benefit you and discuss tips for easily documenting your findings! Benefits of a Tenant Walk-Through Inspection As a landlord, …