The Lender

How to Evict a Tenant Quickly

How To Evict A Tenant Quickly

Reading Time: 5 minutes Although being a landlord comes with its financial benefits, that doesn’t mean it’s always easy. From time to time you may have to deal with tenants who are unable or refuse to pay their rent, which can threaten your business if you don’t take the proper steps to address the

How To Set Up Utilities For A Rental House

How To Set Up Utilities For A Rental House

Reading Time: 3 minutes Setting up utilities is a big part of moving into a home and as the landlord, it often falls on your shoulders. Which utilities you must set up for a rental property depend on your rental agreement. If you’re paying some of the utilities, you must set them up for

The Ultimate Apartment Rehab Checklist

The Ultimate Apartment Rehab Checklist

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

The Beginner's Guide To Tenant Screening

The Beginner’s Guide To Tenant Screening

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

Benefits of Being A Landlord Featured Image

The Best Benefits Of Being A Landlord… And Some Of the Cons

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

Best Cities To Buy Rental Property In 2021

Best Cities To Buy Rental Property In 2021

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

how to calculate rent-to-income ratio

How To Calculate Rent-To-Income Ratio

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

How To Buy Multiple Rental Properties

How To Buy Multiple Rental Properties

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

How Many Rental Properties Do You Need To Make A Living

How Many Rental Properties Do You Need To Make A Living?

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

How To Calculate Gross Rent Multiplier

How To Calculate Gross Rent Multiplier

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