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[VIDEO] Property Management: How To Boost Your Profits And Reduce Your Problems

If you’re having problems with your rental property, you should definitely check out Dave Peniuk’s and Julie Broad’s newest blog entry on the LifeAsRealEstateInvestors.com. In their latest post, the couple uploaded videos detailing important hints and tips for current or aspiring landlords and property managers. The videos also include one of the key points discussed by Julie during her presentation at Canadian Real Estate Magazine’s Investor Forum. Watch Dave and Julie’s video to discover how you can make your job as a landlord easier and more profitable.

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How “Lease Option” Landlords Make Money In A Down Market

It is common knowledge among real estate investors that using the lease option strategy is a great way to buy and sell single-family homes but did you know that you can also use it on multifamily houses? According to Bruce of Landlord-Success.com, landlords can generate sizeable income using this strategy even if their markets are down. He says lease option landlording works well in areas with buyers who have good credit and decent monthly cash flow but are having a hard time coming up with funds for down payment. Check out Bruce’s article and learn more about being a lease option landlord.

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Staff Or Property Management Software: Which Is Better?

Although it is a generally accepted fact that humans cannot replace machines or computer software, there are times that it is more practical to use programs than to hire someone to do a certain job for you. In their latest post, folks at Blog.Buildium.com expounds on the advantages of using property management software for landlords and rental property owners. According to them, it is more cost-effective to use such a tool to manage accounting, administrative work, and other related tasks than to hire a new employee. What are the other benefits of using a computer program to manage your rental properties? Read on to find out.

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Real Estate Investing Tips: Can You Gain Financial Freedom By Earning Commissions Alone?

Is earning commissions a great way to gain financial freedom? For Jay DeCima of FixerJay.com, commissions won’t make you rich. If you’re a real estate agent who is content with just earning a small amount of cash for every house you sell, Jay believes that you should find a better way to make a living: like becoming a property owner. He says you should consider investing 10% of all your commissions in properties that will bring you profits. This way, you’ll have a great source of steady income. Read the rest of Jay’s article to learn more.

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5 Things You Should Watch Out For When Buying Homes For Rent

To improve your chance of success in the real estate game, you have to ensure that you’re betting your money on the right properties. In his latest post, Neil Uttamsingh of FirstRentalProperty.com is offering some tips on choosing rental properties to purchase. He shares an article written by Phil Wiper of Family Lending that discusses the five factors you should consider when buying houses for rent. Check out Neil’s newest blog entry to read the article.

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Which Of These 4 Business Entities Is Perfect For Your Property Management Company?

According to folks at Blog.Buildium.com, it is very important that you carefully choose the business entity for your property management company. They say the choice you will make will definitely affect your business, especially when it comes to taxation, as well as financial and legal liability. In their latest post, the Buildium team lists down the four business entities commonly used by landlords and property managers. They also discuss the advantages and disadvantages of using each entity for your company. Find out which business entity is ideal for you by reading the rest of this article.

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Zillow Creates Program For Estimating Monthly Rent

It seems that a popular real estate website has created a nifty tool that would benefit those who invest in rental properties. According to Steve of BuildBankRoll.com, Zillow recently introduced its “Zestimate,” which offers an estimate on the amount of rent a particular property will get. Although such a program provides landlords and property managers with great convenience, Steve believes that Zillow’s “Zestimate” needs certain improvements. Take a look at his post to read the rest of his blog entry.

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Is Your Rental Business Running Like A Well-Oiled Machine?

Did you know that you can run your landlording business like a big-time businessman despite the limited number of your rental properties? In his latest post, Bruce of Lanlord-Success.com shares some tips on how to efficiently manage your rental units with the help of office tools and the latest technology. Find out how you can prevent paperwork from piling up and how to ensure that your rental business is running like a well-oiled machine by reading Bruce’s article now.

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5 Ways To Prevent Potential Lawsuits When Investing In Rental Properties

If you are interested in investing in rental properties or are currently a landlord, it is very important that you know what the Fair Housing Laws are all about. According to Trevor of TheREIBrain.com, you should carefully follow federal and state anti-discrimination laws to avoid potential lawsuits. And to help you out, he shares five tips on how to ensure that you won’t break rules and regulations when managing rental properties. Check out Trevor’s post and find out what these tips are.

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Important Factors You Should Consider When Evicting A Tenant Part 7

In the seventh part of Neil Uttamsigh’s “How to Evict a Tenant” series, he explains the importance of knowing the process of removing a renter from your properties. According to him, knowing exactly what to do can make a lot of difference and having better understanding of the eviction process can give you the upper hand when facing a tenant in court. Read the rest of Neil’s post to learn more.

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Factors You Should Consider When Evicting A Tenant Part 5

If you’re considering evicting an errant tenant, you should head over to FirstRentalProperty.com and check out Neil Uttamsingh’s latest post. On the fifth installment of his “How to Evict a Tenant” series, Neil discusses the importance of forming “alliances” when facing a tenant in a courtroom. He also explains why you shouldn’t lose your cool when attending a court proceeding. Read the rest of Neil’s post to learn more.

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Property Management: How To Determine Upgrades That Can Boost Home Values

What do you think is the best way to determine which upgrades your rental properties need to make it more valuable and profitable? According to folks at Blog.Buildium.com, the best way to accomplish such a task is to talk to your tenants. Most landlords and property managers, they say, don’t live on site, which is why tenants are the ones who know the properties better. Because renters have extensive knowledge about the house they live in, they can provide valuable insights into potentially beneficial changes and improvements that can make your rental units more valuable. Discover the benefits of receiving feedback from your tenants by reading the rest of this article now.

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Important Factors You Should Consider When Evicting A Tenant Part 4

For those who are following Neil Uttamsingh’s “How to Evict a Tenant” series on FirstRentalProperty.com, here’s good news for you. Neil has recently posted the fourth part of the series wherein he explains why it is very important to prepare a document called “transaction summary” when attending a court hearing. Find out how having this particular document can give you the upper hand when facing a tenant in a courtroom by reading the rest of his post.