Madison, Wisconsin is a vibrant and growing city with a diverse population and a strong economy. As a result, rental property investing can be a profitable and rewarding venture for those who are interested in investing in the area.
Eviction can be a difficult and stressful process for any landlord, but it can be especially challenging for self-managing landlords who may not have the same resources or support as larger property management companies. However, by understanding the legal process and being prepared, self-managing l...
Milwaukee, Wisconsin is a city with a strong rental market, making it an attractive destination for rental property investors. The city has a diverse economy, a growing population, and a…
When it comes to financing a rental property, there are two main options: a fixed-rate mortgage or a variable-rate mortgage. Both have their pros and cons, and the decision between them will depend on a variety of factors, including the investor’s goals, risk tolerance, and overall financial situati...
The live-in flip strategy is a popular method of real estate investing where an investor purchases a fixer-upper property, lives in it while making renovations and improvements, and then sells it for a profit. This strategy can be a great way for investors to gain hands-on experience in the renovati...
Cash-on-cash return is a measure of the cash income generated by a real estate investment property compared to the cash invested. It is an important metric for real estate investors to consider when evaluating the potential profitability of a property. In this blog post, we will discuss the basics o...
House hacking is a strategy in which an individual purchases a property and rents out a portion of it in order to offset their housing expenses. This can be done by purchasing a multi-unit property, such as a duplex or triplex, or by purchasing a single-family home and renting out rooms. The benefit...
Prescreening prospective tenants is essential to reduce your overall turnover time commitment while still getting the best tenant possible. A quick phone call or a short survey can quickly filter out prospects that are either not eligible or aren’t a good fit (typically due to timing). So, in this a...
Managing rental properties is no different from running a small business, and it’s crucial to get the bookkeeping and accounting processes right, especially for self-managing landlords. The minimum bookkeeping standards should meet the IRS bookkeeping requirements for compliance. In addition to bein...
If your goal is to stay passive and hands-free, using a property management service would be a reasonable choice. If your goal is to become financially independent and successful in the long run, self-managing rental properties are essential. In this article, we discuss the real value proposition of...