Tagmaximizing profit

Mobile Home Park Management – 4 Tips to Maximize Your Investment

Mobile home park management is unique. Even though some aspects are similar to managing a group of single family homes or apartment complex, investors new to this niche will be surprised by a few things. The good news is by the time you’re done reading this article, you’ll be in less of a surprise regarding what to expect and do to keep the park running well. First Thing’s First The biggest...

5 Tips for Scoring the Investment Property You Want

As a residential property manager, you dream of finding an investment property with this much allure. You want it. You have to have it. It’s a cute, single family home on a big corner lot. Recently updated it even includes an entirely new kitchen. If you could add that property to your portfolio you just know you’d have potential renters beating down your door. 1 – Winning When the...

Inexpensive Fixes For Rental Houses

One thing that we have to keep in mind in terms of rental properties, is that many who are going into the market are coming from a place of formerly being homeowners. Now, for some, this is an opportunity too good to miss out on: and you’ll miss out on it if you don’t create something a little similar to what they were used to, as homeowners. All too often, what you can charge in terms of rent is...

Should Your Property Offer a Business Center?

Smartphones, tablets, and other mobile devices have changed the way that people do business. Though many people have their own home computers and other technology, offering a business center on property is often a smart move. However, with the boom in mobile technology, people are reconsidering the way they set these business centers up.

The Frugal Landlord: Reducing Maintenance Overheads

As a landlord, you want your property rental business to run as smoothly as possible, and avoid any unexpected costly surprises along the way. One unfortunate overhead that plagues every landlord are maintenance costs. They cannot be avoided, and really can cost an arm and a leg when something drastic goes wrong. Imagine burst water pipes flooding the ground floor of a family home, or a boiler...

10 Factors you Should Look to get the Right Rental Property

Current market trends in home prices and unsatble mortgage interest rates have created the perfect opportunity for people looking to invest into rental properties. With smaller down payments necessary to secure a property, an investor will find that they can quickly build a portfolio of rental properties. However, it is very important, especially if you are new to real estate investing, that you...

Creative Idea: Property Management Mnemonic!

I recently came across an article that uses a mnemonic device to help folks develop new ideas to innovate products and processes across all fields of industry and life in general. The means for doing so, that I will briefly discuss below, can be found in more depth in the original article, but I'll apply it here to property managers specifically. So, I encourage readers to visit the original...

Realtor Turned Property Manager? Software Could = Profitability.

In the wake of the 2008 Financial/Housing Crisis, the real estate industry was dealt a series of direct blows (as could be expected), and indirect effects continue to exacerbate the pummeling; at ground zero the dust has not settled, but what can be deciphered is a re-assignment of equity and the subsequent paradigm shift within the real estate industry.  Over a million new or “converted”...

Recession? How To Be An Effective, Prosperous Landlord When The Economy’s Got You Down

When recession seems imminent and your livelihood as a landlord is in an apparent state of limbo, it is unwise to lethargically stand by and wait for for disaster to strike, armed only with crossed fingers of hope – be proactive! Do not let your fear of worsening the situation prevent you from improving it; prepare for action, and turn the change in economic climate into opportunity...

Subscribe to Updates

Enter your email address to subscribe and receive notifications of new posts by email.

Join 3,836 other subscribers

Follow RentPost