Reading Time: 6 minutes In a recent guide, we covered the ultimate house rehab checklist, but the idea of rehabbing an apartment is slightly different and carries some caveats the investor needs to be aware of. It’s not as simple as going ham with all of the upgrades you want, and there may even
Reading Time: 7 minutes Tenant screening can be a daunting task. You want to find a reliable and trustworthy tenant that will take care of the property and make their payments on time. If your property is in an area with high rental demand, you may be overwhelmed by applications and have too many
Reading Time: 8 minutes There are a number of benefits associated with being a good landlord, including massive a boost to your net worth, evergreen passive income, and the ability to fund your retirement. In this post, we outline some of the best benefits that you can look forward to, while also listing some
Reading Time: 6 minutes Despite economic challenges faced in the past year, rental real estate is still a highly sought-after asset class for investors. The option to earn a steady monthly income from tenants while offsetting expenses is a highly-appealing feature of owning rental real estate. The question is more about where to buy
Reading Time: 3 minutes Quick Summary To quickly work out your maximum monthly rent payment, multiply your monthly salary by 30% To calculate the required annual salary of a rental applicant in a flash, multiply the monthly rent by 40 How To Calculate Rent-To-Income Ratio The following methods can be used to complete the income ratio
Reading Time: 7 minutes Quick Summary Buying multiple rental properties is a common strategy used by investors to expand their real estate portfolio and build wealth. The process of going from owning a single rental home to owning and managing multiple properties at the same time can be daunting, but there is good news
Reading Time: 7 minutes Quick Summary: Owning multiple rental properties can lead to financial independence Turning passive income into positive cashflow requires careful planning The investor will need to determine their average cost of living Number of Rental Properties Needed = Monthly Living Expenses / Cash Flow Per Rental Property Table of Contents Rental
Reading Time: 3 minutes Quick Summary Gross Rent Multiplier = Property Cost/Gross Annual Rent Why Should You Use The Gross Rent Multiplier? The Gross Rent Multiplier (GRM) helps you determine if an investment property is a good purchase. There are other factors investors should consider too, but using the GRM stops you from investing
Reading Time: 6 minutes Investing in rental properties is a great way to earn steady passive income and even a bit of profit, especially when owning more than one at the same time. This income covers expenses like loan repayments and maintenance, and when managed well can help the investor to achieve complete financial
Reading Time: 8 minutes There are many ways to invest in real estate, and one of the more common is buying a rental property. Recent research has indicated that as many as 27% of all Americans are renters and the share of the population now renting single-family homes has reached over 40%. Demand for
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