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Costs to consider when acquiring a rental property
In the lead up to acquiring a rental property, emotions and excitement are high. We tend to be drawn into the deal and some things tend to slip our mind. But I need you to take a step back for just a moment and think of the other factors that can make or break you…
Read MoreTop 5 questions Property Manager’s get asked
So, you’ve decided to hire a property manager! Congratulations! You’ve made a great decision. However, it’s important to realize that not all property management companies are created equally. Levels of experience can vary widely, as can the rates that property managers charge. Some may leverage new technology, while others may be operating the same way…
Read MoreLeveraging equity to scale your portfolio
As property managers and realtors, we constantly educate our clients on the value of home ownership. Whether it be your primary residence or a rental property(s), the investment you make typically will yield financial gains over and over again, if managed properly. Home equity is simply how much of your property you own, specifically how…
Read MoreShould you install a smart thermostat
As property managers we are always asked for advice and guidance by investors. They are constantly researching and finding ways to do things better, which is great. It also ensures that we remain up to date with all of the industry trends and technology available to investors. One question we are asked on a regular…
Read MoreSmall gestures to show resident appreciation
Many of you have heard all of the stories in the media about terrible tenants. The media likes to sometimes sensationalize these stories, however what you never seem to hear stories are the stories about great tenants who take great care of our properties. Wouldn’t you like to be part of that story? Us too,…
Read MoreHow to find a perfect rental
Over the past few years I’ve had the opportunity to speak to a number of people either looking to start their journey in real estate investing or have bought a few properties of their own with some success. The conversation tends to go the same way with the same questions being asked, however, the same…
Read MoreThinking of going tankless? Here’s what you need to know….
Whether it’s on the sales side or the property management side, at least once a month we are asked by an investor or a client about tankless water heaters. Tankless, also known as on-demand or instantaneous water heaters, have many benefits over a traditional tank-style water heater. However, they also have some limitations and drawbacks…
Read MoreWhy Photos are Key
Having a good set of photos should be the key to your tenant placement strategy. It’s no secret that good photography will allow you to grab your target tenant’s attention and also help to eliminate potential renters who don’t fit within your criteria. Good photography will make or break your property and will either attract…
Read MoreQuestions to ask prospective tenants
You’ve just listed your very first rental property for rent and now you start to get the email inquiries. Excitement, fear, apprehension. Maybe even not knowing what to do. Guess what, that’s normal. You’ve come to the right place. Like you, I started out just the same way, I was maybe a few steps ahead…
Read MoreEverything you need to know about Student Rentals
I get asked all the time by many new investors – should I buy a student rental? My answer is always the same, well, it depends – man, do I ever sound like a lawyer. Student rentals are not for everyone and many investors see the cash flow numbers and get sucked in by that.…
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