by Theresa Bradley-Banta
Most successful real estate investors had a mentor at some point. Mentors play an important role in the life and business of a novice investor. A real estate investing mentor leads by example, listens to you, and provides useful knowledge from personal experience....
by Theresa Bradley-Banta
Your tenant is gone, and you inspect the unit to find that some valuable personal items were left behind. Although the tenants in question lived in your unit, you do not immediately own abandoned personal property they’ve failed to take with them, so...
by Theresa Bradley-Banta
Replacing a tenant is a costly exercise. The moment a tenant returns the keys, costs will accumulate daily. Here are the seven most common costs a multifamily property owner can expect when replacing a tenant, and some tips on how to reduce them. 1. Vacancy Loss...
by Theresa Bradley-Banta
The Operating Expense Ratio of apartment complexes can range anywhere from 25 to 50 percent (or higher) and is greatly affected by the building’s age. Before investing in an apartment complex, it is imperative to figure out whether you are actually getting a...
by Theresa Bradley-Banta
Having a bad contractor working on one of your multi-unit properties can be frustrating, and it can become expensive pretty quickly. This type of situation requires immediate but careful action to protect your investment and your wallet. Check out some common...