Every property, at some time, requires maintenance and repairs. The amount you spend will depend on the age and condition of the property. To keep costs down and preserve your ROI, make sure you’re prepared by creating a maintenance budget that addresses both routine and emergency repair needs.
The eviction process in California is a serious matter. It has its own rules and timetable depending on the county where the property is located; it can also be time consuming and expensive.
The goal of any real estate investor is to make money on their rental property by earning a healthy return on investment – ROI; that’s the whole reason for investing.
All real estate investors worry about the potential damage a tenant can do to their property. There are a few easy things you can do, however, to avoid tenant damage. Let’s focus on six steps we feel are important to take to protect your investment.
Everyone wants to receive the highest possible rent; it’s a great way to increase your monthly cash flow and the ROI of the property. Just receiving more rent, however, doesn’t necessarily mean you’re earning more profit.