Posts Tagged ‘investment property’
Tax Breaks You Can Get If You Own A Second Property
Most homeowners’ greatest tax break is the mortgage interest deduction. According to USA Today, interest paid on a home loan is possibly the biggest tax deduction for the average American. Moreover, it is the best way to own a property at an affordable rate despite the fact that the government revised the rules on tax…
Read MoreHow to Win the War against Rental Property Wear And Tear
You’ve worked hard to invest in your first rental property in the Central Valley but it’s important for you to know that wear and tear can kill your return on investment from that property. Thankfully, you can win the war against wear and tear at your rental property when you follow these tips. Tip 1-…
Read MoreSafety And Mechanical issues to not ignore at your rental property
It’s 2022, and there’s no denying that owning Central Valley Rental Property is still one of the best ways to build wealth but the reality is that you can easily see your cashflow disappear quickly if one or more tenants are not watching out for safety and mechanical issues at your rental property. In this post we…
Read More5 Ways a Rental Property Makes Money and Why You Need To Know All of Them
If you’re anything like me, you grew up believing a rental property is inherently profitable. Within that belief, you likely didn’t know how they made money, just that they did. Well, in this article, you can learn precisely how rental properties make money. Overall, they make money in five different ways. Rental Property Cash Flow Cash…
Read MoreTop Unsafe Property Living Conditions That Landlords Must Avoid
Are you planning on investing in rental property in the Central Valley? If so, your rental property must be habitable and offer safe property living conditions. In this article we will offer you 6 of the top unsafe property living conditions that all landlords must avoid. What does uninhabitable mean? Uninhabitable is when the living…
Read MoreShould You Hire A Professional Tenant Screening Company?
Owning rental properties is an excellent way to build wealth while establishing passive income but only if you can screen and place the most qualified tenants in your rental properties. Sadly, most owners fail at tenant screening because they don’t know what to look for, and they end up selecting tenants who cost them money…
Read MoreDamage Vs. Wear And Tear – What To Look For After The Move Out
One of the most important things to do after a tenant has moved out is to tour the rental property and determine what’s been left damaged vs what is acceptable wear and tear. Knowing the difference between damage vs. wear and tear is important because a property may at first look damaged but the reality…
Read MoreRental Property Upgrades You Don’t Want To Make
One important thing you want to do as a landlord is upgrade your rental property because upgrading your property will keep your tenants happy and increase the value of your property. Even though upgrading your property is important, there are a variety of rental property upgrades that you don’t want to make including the following:…
Read MoreHow To Reduce Wear And Tear On Carpeting At Your Rental Property
With the average cost to replace carpeting in a 3-bedroom rental property ranging from $1600 to $2500, it’s understandable that landlords want to do everything they can to make their carpeting last. Thankfully, landlords can maintain the value of their investment a lot longer than they expected by following these simple tips. Tip #1 –…
Read MoreTips For Accidental Landlords
Every year, more and more people find themselves of being in the position of being an accidental landlord. This means that they inherited a property from a parent or family member, and in most cases, they were completely unprepared to manage it. Thankfully, being an accidental landlord doesn’t have to be a difficult experience, especially…
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