Feb 9, 2025 | Articles
This is one of the thorniest questions in the landlord business. One camp says to raise it regularly and to the maximum that the neighborhood will bear, and if they move out, then find a new tenant. Another perspective is that turnovers are expensive and...
Jan 31, 2025 | Articles
Since it’s inception, Airbnb has grown rapidly and millions of people now earn money as part-time hosts. Some folks rent out their personal living space when they travel, and others rent out a room or basement apartment in their primary residence. I am an...
Jan 27, 2025 | Articles
It’s the premise of this website that being the owner-occupant of a multi-family property is a better choice than owning a single family home or condominum. As many of us approach our retirement, we don’t need the extra bedrooms that we had for the kids, nor do we...
Jan 24, 2025 | Articles
In a multi-family property, utilities are either separate (meaning each unit has its own gas and electric meter, and maybe a water meter), or they are “common”, meaning there is only one electric meter for the entire property. Sometimes there is a common furnace or...
Jan 20, 2025 | Articles
Being a landlord takes some work, but most chores are simple and can be done quickly. Either you can handle them yourself, or you can hire someone – and I’ll talk about that later on. I take care of almost all of my own chores. Some of the most common ones...