Helping landlords increase their income and equity.
As we’ve been discussing in our series on asset management, sophisticated managers try to max out their property’s potential before selling it. When it comes to side income ideas, your really need to keep your investment horizon in mind. You … Continued
Do you consider yourself to be an asset manager? Wikipedia defines asset management as a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively. Being an asset manager is an entire profession that usually handles institutional and … Continued
Are you pursuing ways to increase your rental income? This is an especially smart move if you’re priced out of your local market but still want to grow. Have you implemented any of my suggested strategies to grow your ancillary income? … Continued
I wanted to document what I’ve been able to achieve during my quest to collect ancillary income for apartments and single family rentals. Check out this BiggerPocket’s guest post: I’m Using Ancillary Income to Pay 63% of My Mortgage: … Continued
Check out this article I wrote for BiggerPockets. 4 Smart Ways to Overhaul Your Outdated Landlording (& Boost and Profit!) The main points are that you should: 1. Focusing on a niche and move away from Craigslist 2. Tap into … Continued
Are you still operating in a standard landlord manner? It’s okay — long as you’re aware that it’s the least profitable way to generate rental income. You might be surprised that you can easily double your net rental income … Continued
If you’re serious about getting more cash flow out of your rental, then you’ve got to take a fresh look at storage. Tenants want storage. Scott Meyer, a thought leader in the storage industry, says 1 in 10 people use … Continued
Last week, I had the honor of speaking at the Mr. Landlord Convention in Nashville, TN. I shared my thoughts on overcoming challenges associated with inner city rentals and was quite happy they didn’t throw me off the stage. … Continued
Ok, it’s accountability time. You need to know that I practice what I preach. When I started this blog/journey in 2011, one of the first ideas I promoted was the concept of incremental improvements when it comes to curb … Continued
It’s time for a $200 Challenge Update. If you’re a subscriber, you’ll recall that my 2014 challenge is to find a way to increase my rental income by $200 per month without raising rents or reducing expenses. While trying to … Continued