If you have a tenant that all of a sudden has dropped off the grid, it’s frustrating. Unfortunately, your options as a landlord have been curtailed by some federal and state regulations centered around COVID-19. Here’s some advice about what to do if ...
Why Your Business Needs SOPs
SOP is an acronym that stands for Standard Operating Procedures. SOPs are an operating manual that consist of step-by-step instructions to run various aspects of your business. They should consist of a general oversight of how the company operates, a ...
How to Leverage the 1031 Exchange to Grow Your Wealth
If you’re a real estate investor and you aren’t taking advantage of the 1031 exchange, you’re missing out on a valuable wealth-building opportunity. It’s widely said that the biggest advantage of the 1031 exchange is being able to defer capital gains ...
Top 5 Real Estate Podcasts That Are Actually Worth Your Time
Most busy people listen to podcasts while they’re driving, exercising or doing something else. That’s a great way to get two things accomplished at once. But if the podcast isn’t offering valuable information or the talk isn’t relevant ...
Be Cautious About Overspending on Rehabs
When doing rehabs on fixer upper properties, be careful to avoid overspending. Spending too much time and money on the rehab takes its toll on your budget as well as over factors. These are some of the dangers: No Budget Left For Critical Issues ...
3 Reasons Not to Raise the Rent
Most people will tell you that raising the rent is a good thing. In fact, a lot of landlords and/or property managers raise the rent as a matter of course whenever the lease term comes up for renewal. But there are sound arguments against raising you ...
The Cheapskate’s Guide to Rehabbing a Flip
They say you make your money when you buy. Even so, you can really wreck your profits if you don’t watch your wallet when you rehab. If you’re doing a rehab for the sole purpose of flipping, you don’t need to vie for an interior designer award. Just ...
How to Talk to Kids About Coronavirus
As parents, we do everything within our power to keep our kids safe. We teach them about dangers as soon as they can comprehend the word, “no.” We try to shield them from online predators and warn them what could happen if they disobey. But what can ...
How to Network to Transition to a New Career
Are you preparing to transition to a new career field? It’s challenging to convince potential employers that although you don’t have direct work experience in the new field, you do have transferrable skills. One way to achieve the credibility you nee ...
Solo Travel Tips Every Woman Should Know
As a strong, independent woman, solo travel holds a special allure. It offers a unique attraction that transcends traveling with a romantic partner or a group of friends. Solo travel affords you the chance to experience yourself in entirely new surro ...