7 Reasons to Have a Separate Bank Account for Rental Property (Infographic)
Download the PDF It is best to have a separate bank account for rental property to keep personal funds separate from business funds. Avoiding the commingling of funds can help…
Rental Property Spreadsheets: Should Landlords Use Excel or Property Management Software?
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…
Property Management Software vs QuickBooks for Rental Property Accounting
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…
Everything Property Owners Should Know About Security Deposits
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…
How Much Emergency Fund To Have Minimum For Unsteady Rental Business?
It’s good to save for a car or a big down payment on your next investment property. But saving for something unpredictable is even better. Building an emergency fund for…
What to Do When Your Tenant Is Not Paying Rent
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…
Rental Loss Insurance: Best Ways Landlords Can Protect Against Lost Rent
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…
Where to List Your Rental: Video Extra
Chris and Eli from the Landlord Gurus discuss where to list your rental. They provide insight into the platforms that they use, to give you a better idea of what…
The Rental Property Accounting Guide for Landlords
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…
Rental Criteria Checklist for Screening Prospective Tenants
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…