The 7 Most Common Costs of Replacing a Tenant

The 7 Most Common Costs of Replacing a Tenant

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...
What’s a Good Return on Rental Property?

What’s a Good Return on Rental Property?

Purchasing a rental property can be a costly exercise thanks to down payments, loan fees, closing fees and other expenses. Even after the purchase, additional money will probably be required for maintenance, taxes, insurance and other unforeseen issues. To make all of...