As a landlord, selling or leasing your rental property is a significant decision, and choosing the right real estate agent is crucial to ensuring a successful outcome. In 2024, the real estate market is more competitive than ever, with evolving trends that require a savvy, up-to-date approach. To maximize your property’s value and avoid costly mistakes, it’s important to know which types of agents...
When it comes to hiring a contractor for your property, many landlords and homeowners are often wary of unlicensed contractors. The common belief is that unlicensed contractors are unreliable and likely to do subpar work. But is this perception accurate? In this blog, we will delve deeper into the myths surrounding unlicensed contractors, providing insights, and practical advice for landlords. We will...
Note: If you already hired us to manage your property, you can disregard this. If you are managing your property on your own, then you may want to read this article. The tax rule that is commonly applicable for contractors or freelancers is now required for landlords. What is this rule? They should file a 1099-MISC and they need to collect W-9s. Take note that these two forms should ALWAYS go...
by Lex Shan
Imagine that you’d just acquired a new investment property. Managing your rental seems easy enough, so a lot of people do it on their own. They will take photos, list their property on rental sites, schedule interviews, conduct interviews, and background checks. First time landlords are usually on a tight budget and do not have the means to hire a professional property manager--so, can’t blame them...
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