Affordable housing has become an increasingly pressing issue in Massachusetts, with high housing costs and limited availability making it difficult for many residents to find a home they can afford. In response, the state has implemented a number of policies designed to promote the development of affordable housing, including the 40B program. The 40B program […]
Rental property management software has become more popular over the years because it has allowed landlords a degree of flexibility. They no longer need to be on their toes, constantly looking after their property. Instead, this software makes things simpler and easier for them. Curious how some software can make such a huge task easy? […]
Property management is not an easy task and it becomes even more difficult when you have to take care of accounting and money management. That is why it is important for every landlord to learn some basics of accounting. This will help them take control of their finances. Here are 4 accounting basics that a […]
TENANT LEDGER: DECREASING HASSLE IN YOUR LIFE When it comes to rental payments or maintaining a ledger either on the books or on an excel worksheet, then it is a tedious task at best. But first what is a tenant ledger in the first place? It is a document that generally reflects various transactions […]
Investor interest in single-family rental homes is high, and many who have money in stocks and bonds have considered moving some of their assets to real estate rentals. Of that undecided group, many still gather info, attend seminars, and buy courses to learn more before making an investment decision. There is nothing wrong with […]
Whether a landlord owns one rental property or several, they undoubtedly have a certain level of tenant turnover. The process of managing those outgoing tenants can be time-consuming, frustrating, and stressful, especially if the lines of communication are not clear. Not only does it affect the property owner and manager, but it also has a […]
By currently active, the rental home is in service with the tenant(s) in the home and a history of being rented for a reasonable period. If the home has only been a rental for a few months, there could be things about which you would want to be very careful. However, a home that’s been […]
If you are considering buying a property to rent out and act as a landlord for a second income, it is essential that you know what your responsibilities are while managing that property. Rental properties can be a successful business, but they also come with obligations. You have to balance making money with providing the […]
Investing in a rental property is a huge step. Purchasing and updating the property can feel like a major accomplishment, yet the real work is still to come. There is no point in owning a rental property when you can exhale because owning and managing a rental property will be something you have to consistently […]
More Americans than ever are choosing to rent rather than buy a property. This means you can earn big money as a small-time landlord if you know what you’re doing. Here’s everything you need to know to attract great tenants and increase your overall profits. Minimize TurnoverYou lose money every day a rental unit sits empty. […]
