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- Why insurance is another hidden benefit of owning an investment propertyThere are many ways that you can invest your money, but very few investments can be insured! Insurance is a hidden benefit for you and your rental property. Of course you have basic insurance for the property, in case of, for example, fire or a windstorm. You can add insurance for floods or earthquakes if … Continue reading Why insurance is another hidden benefit of owning an investment property
- Working with contractors: Get all details in writing!Here’s a scenario you’re likely to encounter as an income property owner or manager: You’re in-between tenants and decide that you need to update the flooring in your property. Contractor Dave gives you a quote of $10,000, and needs half of it up front to cover materials. You know several people who have recommended Contractor … Continue reading Working with contractors: Get all details in writing!
- Keys, Locks, and LocksmithsThe importance of finding a good locksmith, following local codes, and a clever way to save money