Investing in commercial real estate to become a landlord is a worthy way of making a living or extra income. It is a stable way of making a passive income, particularly if you hire a property manager. The hard part about it, though, is that many people do not have the capital for a downpayment on an investment property. Thankfully, investors have discovered several viable ways to become a landlord with little to no money. Does it sound too good to be true? Read on below.
Archive for February, 2020
Several blog posts ago, we talked about several essential real estate investing terms to know. Investing in commercial real estate is a profitable means of receiving passive income, especially with apartment buildings. Last time, we covered NOI, cap rate, cash flow, closing costs, gross rental yield, and HOA fees. Now we will summarize six more terms.
There is nothing good about having dirty tenants. Indeed, it can ultimately be a terrible nightmare. A messy tenant isn’t just an inconvenience; one can lead to bugs, roaches, and other harmful pests. The result is that re-renting the unit can become incredibly difficult, if not impossible. It’s no wonder property owners are conscious of keeping their tenants clean — because a dirty tenant can be a financial burden. Here are some helpful tips to help property owners handle dirty tenants like a pro.