When it comes to property management and bookkeeping, many independent landlords and property managers still rely on rental property spreadsheets. Undoubtedly, Excel is a powerful and flexible tool that can…

Rental property accounting is an indispensable part of owning and managing a rental property. Staying on top of finances allows landlords to better understand cash flow and track any tax…

Security deposits can be an important part of renting or owning a property, as it provides protection for landlords against potential damages. Understanding the laws and policies that govern security…

As a landlord, one of the toughest situations is dealing with a tenant not paying rent. Loss of rent leads to cash flow issues, so what should you do if…

Landlords might experience lost rent due to several reasons, such as property damages, fire, flood, etc. Sometimes a tenant may also stop paying rent. Having rental loss insurance that compensates…

Managing books and record keeping for rental properties can be confusing, cumbersome, and stressful. However, there are several ways to make the process easier. If you’re looking to maximize returns…

Updated January 5th, 2023: More current references related to creating a rental criteria checklist were added, as well as more current resources. As a landlord, you already have a lot…

Rental property is a business, and just like any business, it’s best to have a separate bank account for rental property. Keeping personal funds separate from business funds helps landlords…

Landlords looking to increase rent often have the fear of losing good tenants. Obviously, you want to retain qualified tenants, so you might not want to raise the rent. But…

After you’ve renovated your property and included a few amenities, it’s time to start reaping the fruits of your labor and boost your rental income. If your property is currently…