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Recent Articles

How to Avoid Paying Capital Gains Tax on Rental Property Sale

  • Wednesday, October 17, 2018
  Tips   Capital Gains Tax Planning   Taxes   Newsletter   

Much of all capital gains tax (CGT) that may be potentially due is never collected. Savvy rental property owners plan ahead, know the law, and they know to avoid paying capital gains tax on rental property. If they cannot avoid paying all of it, they avoid paying some of it, or they defer paying capital gains tax that may be due. In this article, we discuss what you can and should legally do to avoid paying CGT on your rental property.

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12 Ways to Reduce Tenant Turnover

  • Monday, October 15, 2018
  Tips   Tenant Turnover   Tenant Churn   

Each time you turn over a rental unit, you increase your operating costs. Lost rental income, unscheduled upgrades, cleaning, and repairs require labor and expense, and then you have the task of advertising your unit and screening potential clients. Turnover is a drag, but in an industry that mostly caters to people in transition, what can we do?

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Rental Property Investments in Brickell Miami - An Insider's Guide

  • Tuesday, October 9, 2018
  Florida   

Brickell is an urban neighborhood in Greater Downtown Miami, as rich in history as it is in contemporary success. Located directly south of Miami’s historic Central Business District in Downtown proper, south of the Miami River, Brickell is South Florida’s major financial district and one of the most important business sectors in the continental United States.

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Inside Downtown Miami: A Real Estate Agent’s Guide

  • Monday, October 8, 2018
  Advertising & Marketing   Florida   

The Miami real estate market is currently one of the most popular and profitable markets in the United States. Investors moving their business into Miami-Dade County are set up to be part of a booming property market, particularly in the coming decades. Throughout the last century, Miami has been a prime vacation spot as well as a strong residential and commercial sector. The city has continued to grow exponentially in the past decade, strengthening its economy and making a prime name for itself

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Making Your Tenants Happy – Is it Possible?

  • Wednesday, September 5, 2018
  Advertising & Marketing   Tenant Screening   Tips   

Tenant satisfaction matters. Happy tenants are more likely to renew their lease, recommend your property to their friends and not write poor reviews all over your website. In fact, satisfied tenants are three times more likely to renew their lease if they are satisfied with property management than if they are disappointed or apathetic.

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5 Tips to Avoid Late Rent Payments

  • Wednesday, August 29, 2018
  Rents & Deposits   Pay Rent Online   

One of the most prominent issues that landlords come in contact with when having rental property is having tenants that don’t pay their rent on time. Although one late payment may not actually put you over the edge, the pattern could eventually hurt your wallet.

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Motivate Tenants to Pay Online

  • Wednesday, August 22, 2018
  Florida   Rental Market   

Online bill pay allows renters to pay quickly, easily and conveniently without all the stamps and envelopes of the past. In addition, online bill pay can greatly increase landlord efficiency and streamline all of your tenant operations. It’s easy to see why 61% of millennials and 42% of older generations choose to pay their rent online rather than send a check.

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How to Foster a Great Relationship with Your Landlord

  • Wednesday, August 15, 2018
  Advertising & Marketing   

During your rental search, know what your expectations are. Clearly lay out what you are looking for and move on if your requirements aren’t offered. Options are catered toward the tenant, so make sure you are comfortable with your decision and ask questions. While filling out applications, don’t be afraid to mention any of your shortcomings. Landlords can work with you to address any challenges. By reading the lease completely and submitting completely accurate applications, you have a greater

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Is Paying Rent Online Safe?

  • Friday, August 10, 2018
  Collect Rent Online   

Not only is collecting rent online easier for landlords and more convenient for tenants, it’s also safer. With the flexibility and security of online rent collection, more and more landlords adopt online rent payment systems. By providing an accurate and easily accessible record of spending, tenants can seamlessly make payments online while creating a positive relationship with their landlord and reduce stress.

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The Landlord's Guide to SMS Texting with Tenants

  • Friday, August 3, 2018
  Advertising & Marketing   FCRA   Paperwork & Forms   Eviction Guide   Fair Housing Act   

If you reach into your pocket or purse, what’s the first thing you touch? It’s likely your smartphone, sitting there like a safety blanket, ready at a moment’s notice. Bored at a social event with co-workers? No problem, pull out your smartphone and check your messages – whether it be Facebook, Text Messages, or Emails. It’s instant gratification for the on-demand world in which we live. Plus, this little ‘safety blanket’ buffers many socially awkward Americans from difficult face-to-face conver

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15 Ways to Spot a Fake Landlord Reference

  • Tuesday, July 17, 2018
  Tips   General   

Checking landlord references is part of the tenant screening process. Most people provide real references on their rental applications, but some people try to slip a fake reference through. They might have failed to pay their rent on time, or maybe they left the apartment in disarray. They know they won’t get the house or apartment with a real reference, so they find someone else to act as their landlord, and they’re getting better at it than ever before.

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Is Text Messaging Important for Your Rental Business?

  • Wednesday, July 11, 2018
  Tips   

Text messaging is one of the main reasons we use mobile devices today. Being able to send a quick message instead of making a phone call or sending an email has become an integral part of how we communicate. When it comes to your rental business, you can easily use text messaging to contact your tenants as well as potential renters, property managers, etc. Learn more about text messaging and your business below.

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Modernizing Your Rental Property Business with New Communication Tech

  • Wednesday, July 4, 2018
  Tenant Screening   Tips   

If you own a rental property business, then you already know that the daily schedule of your business is tough. When you own several rental properties, it can be hard to keep track of each property, along with talking to new and existing tenants, maintenance requests and services and all the other aspects that go along with this business. The best way to streamline your rental property business is to use the latest technological advances to better serve your customers and employees.

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Streamline Your Rental Property Maintenance Needs with Texting Tech

  • Saturday, June 30, 2018
  Advertising & Marketing   Tips   

When it comes to owning rental property, maintenance is a major part of your success. Each property must be maintained to strict standards to offer your tenants the best space for their living needs. This includes electrical, HVAC, landscaping, etc. There are many maintenance aspects you will need to cover when owning rental property. So how do you keep track of it all?

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Separating Personal Mobile Numbers from Real Estate Contact Information

  • Monday, June 18, 2018
  Tips   

If you are like most real estate investors, you have used your personal mobile number for a variety of reasons. Investors often use a personal mobile telephone number when listing available properties for rent as well as on lease agreements, for rent signs, for sale signs, etc. Why wouldn’t you?

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The Landlord/Tenant Relationship: How to Communicate Better

  • Friday, June 15, 2018
  Tips   

As a real estate investor, your role as landlord helps you to earn a living. You rely on your rental properties to bring in monthly income, whether your focus is residential, commercial or vacation homes.

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Using SMS Text To Streamline Rental Vacancy Without Sacrificing Your Personal Info

  • Wednesday, June 13, 2018
  General   Tips   

Once you begin to invest in rental properties, the goal is to find and secure tenants. A rental property owner must be smart when searching for tenants, marketing a property successfully to find quality tenants for every investment.

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Easy Ways to Increase Rental Property Value

  • Monday, June 11, 2018
  General   

When owning a rental property, it is important to keep track of the upkeep of your investment as well as ensure all tenants are going to pay rent on time and take care of your property. With background checks and property maintenance software, you can stay on top of these needs.

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Pet Lovers: What Not Do To As a Renter

  • Friday, June 8, 2018
  General   

As a pet lover, you want your furry friend to go where you go. When searching for an apartment, you must adhere to the landlord’s rules and if you find a dream apartment that does not allow pets, then you certainly cannot have a pet.

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Indianapolis Business Leaders Promote Diversity in Real Estate

  • Thursday, June 7, 2018
  Indiana   

Diversity in real estate is a critical issue and one that isn’t addressed as often as it should be. Some Indianapolis business leaders hope to change that, though. Community leaders Lacy and Patty Jonson and Al and Shary Oak donated $500,000 to Indiana University’s Center for Real Estate Studies.

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