How confident do you feel in your rental lease agreement? As a landlord, your lease is the foundation of the relationship between you and your tenant. Not only does the contract protect you, your investment property, and your tenant, but it can help you stay compliant with state and federal
If you’re gearing up for deployment and considering turning your primary residence into a rental property, you’re not alone. Many service members choose to rent out their homes while deployed, creating a valuable stream of passive income and maintaining ownership for future use. However, successfully converting your home into a
Millennials, now aged 27 to 42, are a generation marked by resilience. They’ve navigated economic challenges like the Great Recession and COVID-19 while rethinking traditional approaches to homeownership and investment. Today, more than half of American millennials own homes, and an increasing number are looking to turnkey single-family rentals (SFRs)
When evaluating real estate investment opportunities, comparing multifamily properties and single-family rentals (SFRs) reveals significant differences in market trends, challenges, and future potential. Understanding these differences is crucial for investors looking to make informed decisions. Multifamily Market Trends Rental Growth and Occupancy Rental growth has slowed, with some markets, like
Real estate investing is a proven strategy for building long-term wealth, hedging against inflation, and creating financial stability. However, many aspiring investors, especially military service members and busy professionals, struggle with the time, expertise, and resources needed to successfully acquire, manage, and scale their rental property portfolios. That’s where REI
The Thrift Savings Plan (TSP) is a powerful retirement tool for service members, but did you know it can also be leveraged to build wealth through real estate investing? In this deep dive, we explore strategies for optimizing your TSP, rolling it into a Self-Directed IRA (SDIRA), and using it
What is a CRM? A Customer Relationship Management (CRM) system is a tool used by businesses and property managers to streamline communication, organize tenant interactions, and automate critical tasks like rent collection. CRMs store tenant information, track payment history, and send automated reminders to ensure consistent and timely communication.For landlords
Leveraging VA loan benefits to invest in real estate is a great way to build wealth as an active service member or veteran. Rental properties generate a healthy monthly income stream and appreciate over time, contributing to your net worth in more ways than one. Anyone who owns rentals knows
Once again, it’s time to be sure you’ve issued 1099’s appropriately. If you have a business or rental properties and have hired contractors or businesses, you may be required to issue 1099’s letting the IRS know who you paid. There are 21 different 1099’s, depending on the situation. Most of
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