A successful real estate investment does not end with buying a rental property with a high potential for return in a top housing market. Once you own a rental, regardless of your rental strategy, you have to provide good property management to assure high occupancy rate, minimum complaints from tenants, no problems with renters, and a well-maintained investment property. In this section of our Investor Blogs, you will learn about the pros and cons of managing your property on your own vs. hiring a professional property management company. We will provide landlords with the best tips on dealing with tenants and choosing rental management services as well as maintaining a rental property in a top shape for the years to come.
Using an incorrect rental vacancy rate can result in major mistakes in your property revenue forecasts. Keep on reading to learn the best tips.