The Top 8 Hidden Costs of Owning a Vacation Home
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The ultimate spot for learning how to be a landlord and manage rental properties yourself.
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(This post updated July 27th, 2016) How would you like to have your cake and eat it too? No, I’m not talking about baking. I’m talking about real estate investing!…
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The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through…
During the first few years of owning and managing rental property, if someone asked, “Do I perform preventative maintenance?” I probably would have nodded my head and told them, “Yes.” However,…
Many new vacation homeowners — and even some owners who have owned their vacation home for quite some time — often ask me for advice when they are looking to…
There’s not a landlord who’s been in business for long who hasn’t had a tenant fail to pay on time — or at all. When it happens, the speed and consistency…
I really don’t like inspections. Well, I really just don’t like paying for an inspection, where if anything is actually wrong, I am told to “contact a qualified expert.” Whether…
One of the main components of being a successful real estate investor is finding good, qualified renters for your properties. There are few things more frustrating and cash flow draining…
Our rental agreements are set up as follows: Rent is due on the 1st of the month. Rent is considered late after the 5th of the month, at which point…
I wrote an article about 9 months ago titled Newbies Take Note: Why You Shouldn’t Buy Houses for $30,000, in which I advised you NOT to buy cheap houses. The article set…
Every profession has its secrets — things that those in the profession might wish to be kept quiet. Landlording is no different. What are we landlords potentially keeping from out…
When renting out property, many landlords want to lock in a new tenant as soon as possible, and they want to lock them in for as long as possible. It…