According to Truth Initiative, one in five Oklahoma adults is a smoker . With stats like these, as a rental property owner, you may feel compelled to allow your tenants to smoke to increase your prospect pool. But you should know the facts before making a decision.
Part one of this series reviewed the core advantages of hiring a property manager, including setting rental rates, receiving payments on time, marketing your property, finding the right tenants, and managing those tenants. Now, we explore five more value-added services your property manager provides. Continue reading
If you own rental property, you know the challenges as well as the rewards. However, consider the benefits of hiring a property manager. In this two-part article, we will examine the top ten advantages associated with hiring a property manager. Continue reading
As summer comes to an end, the COVID-19 pandemic continues. Schools are starting back up forcing parents and educators to make tough decisions. Businesses continue to look for strategies for safe and profitable operations. Local, state and national leaders are making tough decisions about public health and the economy.
If you are thinking of becoming an investor in rental property, there is an easy rule you should know before you buy: the one percent (1%) rule of thumb. Understanding this rule helps ensure a good return. It’s a guide for what the monthly rent would need to be in order to have a positive cash flow each month. Continue reading