by Michael Landfair | Aug 28, 2020 | Landlords, Renting, Tenants
There’s an art to setting rental pricing. According to The Balance Small Business, this basic rule of thumb applies: when the economy is bad, the demand for rentals can go up because people can no longer afford their homes and find they have no choice but to rent. A... 
by Michael Landfair | Aug 20, 2020 | Landlords, Renting
Three years ago Ben Smith, An investor from Fernandina Beach, Florida, asked this question of real estate investors at BiggerPockets: Is there a way to automate rent collection? What is the best way to handle accounting? (Ex. Quick Books, Excel, etc.) In other words,... 
by Michael Landfair | Aug 12, 2020 | Landlords, Renting
Freddie Mac reported that the Single-Family serious delinquency rate in June was 2.48%, up from 0.81% in May. This rate is the highest serious delinquency rate since October 2013. These are mortgage loans that are “three monthly payments or more past due or in... 
by Michael Landfair | Aug 6, 2020 | Landlords, Renting, Screening Tenants, Tenants
You already know that screening prospective tenants before renting to them is essential to running a successful business. How do you do that and stay within the laws? Drew Sygit writing at BiggerPockets has some suggestions: “The tenant screening process needs to...