Making money is an art and entering into a landlord business, you gradually master the art. Getting a decent enough cash flow every month is great to sustain your business. Every month, your mortgage is paying off; your business expenses are getting
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The idea of raising rent is what intimidates most landlords. You can be hesitant about doing the rent raise. You may feel a risk of tenants not renewing lease and you will end up losing a good tenant. The fear is emotional
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Increase rent every year is something that is intimidating you? You are uncertain about this move. You are concerned that increasing the rent may lead to a vacancy. What if you have turned to a greedy landlord and your tenant will hate
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One of the major concerns of a landlord is the tenant who fails to pay rent. Most landlords however find a way out with such tenants in some way. But a tenant declaring bankruptcy can be a nasty experience for the landlord.
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Being a Landlord, you can find yourself in muddy waters if your tenant has damaged the place and the security deposit is not enough to cover the damages. Now the cost of bringing back the property to a tenable condition is surpassing
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No matter how good as a landlord you are and how closely you put attention to the details while putting a tenant on your property. You can experience a bad tenant anytime in your business. It is not your fault. Occurring to
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A lot of individuals enter into the landlord business to get rich in a few years. It is absolutely true that wealth can be created by pursuing a rental business. It can be the best financial decision you can take in your
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The best part of being a landlord is that you can enjoy the maximum benefits of tax deductions on your rental income. Most landlords however fail to harness the complete benefits of tax allowable expenses on income and end up paying more
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Renting in Low income neighborhood can be a hit or a miss for landlords. It is a whole new level of experience for the Landlords who want to rent in low income neighborhoods. It can be somewhat difficult for inexperienced landlords but
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Being a landlord can be your silliest mistake if you run into the landlord business by an accident. By accident means; you bought a house and rented it to get some extra perks. Or, you are inherited with property and rented it
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