Prorated Rent: How to Calculate It and Why It Matters
Prorated rent is the amount of money a tenant pays to a landlord for occupying a rental unit for less than a full month. The concept of prorated rent is central to both landlords and tenants, as each has a financial interest in when it is used and how it is calculated. Here’s what you need to know.
Young Entrepreneur Builds Brooklyn’s Leading Real Estate Company—Here’s How He Did It
They say the real estate industry is slow to adopt new technology, resistant to change. It’s not totally false, but it’s not entirely true either. Real estate tech is being sought after by more venture capital investors than ever. In this article, I sit down with one for a Q & A that landlords are going to appreciate.
How BRRRR Increases Your ROI (and Why You Should Be Using It)
BRRRR stands for: Buy, Rehab, Rent, Refinance, Repeat. It is a method of acquiring an asset, improving its value, stabilizing it, then pulling your money out on a loan. This should help you understand why this matters, how it helps your bottom line, and why the best investors utilize this method.
The 3 Critical Elements of Human Happiness (& Why Unlimited Money Isn’t Enough)
Could you be successful in your work and well grounded in the connections you’ve made in life and still have something that eats you up inside? Unequivocally, yes. So what’s missing?
5 Things Tenants Should Not Expect Their Landlord to Do for Them
Tenants should expect their landlord to make repairs and maintain a property. They should expect to be left in peace if they pay rent on time. But sometimes tenants have expectations that landlords should not or cannot meet. Here are five things tenants should not expect of their landlord.
Partnering With a Friend: Yeah or Nah?
Partnering up can be a great thing in real estate. You can partner with others for a short time on specific deals. Or you can align investments with others for the long haul. Or you could even go into business with a partner. But who should you choose? Are friends or family members okay?
