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The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

It became apparent that there are some unique challenges of being a young landlord. As a result, things were broken and damaged more often; the tenants seemed to think that because the landlords were young, they didn’t care about their belongings and their investment. Money Tips' Being Mistaken for the Tenant.

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Smart Safety: Paying a Landlord by App

Motherhood Moments

The landlord asks you to secure the property with a quick payment. This includes numerous renters who believed they were paying a legitimate landlord, notes Jonas Bordo, CEO and cofounder of Dwellsy , a comprehensive free marketplace for renters and landlords that offers over 13 million verified residential rentals.

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Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

With interest rates at all time lows, more foreclosures coming on the market and prices at decade low levels, you may be looking to buy a home or investment property. Here is my take on the skills every homeowner or landlord needs to have. Knowing when to get help is sometimes difficult (will the help be worth the money?),

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Money Matters: Why January is the Best Time for a New Rental

Motherhood Moments

Since winter is one of the least popular times to move, rent usually hits its lowest price this time of year, before rising to its peak during later summer and early fall. That’s a 10 percent price difference, and it will save you $1,200 over the course of the year. Landlords will be more available.

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Should You Buy a House Now?

Prairie Eco-Thrifter

In the United States, where I live, there is interest in buying now, before prices completely recover and while interest rates are near record lows. If you have the temperament to become a landlord, you can purchase the home and then rent it out, earning money each month. Money Tips' Remember that a home is a commitment.

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Since living expenses consume a considerable portion of most people’s income, it is a good idea to put a lot of thought into the decision and where your money is ultimately going. A general rule of thumb is that your property needs to appreciate at least 10% in order to avoid losing money in a sale. Money Tips' Low Credit Score.

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Selling Your Investment Property?

Prairie Eco-Thrifter

Not everyone is cut out to be a landlord or landlady. Your best strategy may involve situations such as waiting until your income levels go down; gifting your property instead of selling it; waiting for the market prices to go up; selling now, even if at a loss; or living in your property for awhile before you sell it. Selling Costs.