Learning Center

As a MULTIfamily property owner, you can become a victim of rent scammers. These sleazy criminals can damage your reputation, diminish the attractiveness of your property to prospective renters, and cost you money. What is a rent scammer? You can refer to a person who preys on property owners by submitting fraudulent applications as a rent scammer. For instance, they misidentify themselves, lie about service dog status, or fabricate employment or wage information. These people are often incredibly good at their illicit craft and therefore hard …

Property owners know that collecting rent from tenants can be challenging.. Is there any way to avoid the time, stress, and risks related to performing a task that is fundamental to earning a return on your investment in a MULTIfamily property? Yes, there is. Read on to understand the scope of this problem and to learn how you can avoid common hassles and risks. Three things that can make collecting rent unbearable You can simplify the challenges of locating and then buying a MULTIfamily property by working with an established broker who speci…

Savvy property owners know that there’s more to approving a new tenant to live in their rental property than just getting the lease signed. One of the fundamental mistakes that new MULTIfamily property investors, and even experienced ones make is being over-eager or sloppy when reviewing applicants who are interested in signing a lease. It can be a costly mistake, too. Read on to learn what you must do to ensure that you have quality tenants and the consequences of overlooking this important aspect of MULTIfamily property ownership. Why is it …

Managing your MULTIfamily property unit is very important if you want your tenants to remain long-time renters. There are a few things you need to know when it comes to managing the MULTIfamily home or duplex property so let’s take a look at some of the best tips you need to keep it running smoothly. To Do: Educate Yourself Anyone can become a great property manager but if you do some extra education, you can make it a great career that will just keep growing. If you’re looking to work for a company or create one yourself then you should start …