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The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

There was another offer on the house, but the offer was contingent on the sale of their home, so despite our offer being lower, ours was accepted. We rent to my brother, but prior to our current arrangement, we were looking for a tenant for the time period between when the suite was ready, and when my brother was going to move in.

Landlord 196
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Rent-to-Own Homes: A Way to Make a Home Sale Work

Prairie Eco-Thrifter

The rent-purchase agreement allows the buyer to live in the home while paying the seller rent, and the part of the rent goes toward the home’s sale price. If the buyer still can’t get a loan at the end of the rental term, the seller can finance the deal themselves or keep the buyer as tenant.

Rent 183
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Should You Buy a House Now?

Prairie Eco-Thrifter

If you are buying a home to serve as an income property, you might be able to afford to spend a little more (assuming you can find a tenant to pay rent regularly) than if you simply plan to move in and raise a family. Or if market conditions or the need for a fast sale forced you to sell for less than you owe on your mortgage?

Buy 217
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5 Budget Friendly Ways to Bring More Life to Your Apartment

Prairie Eco-Thrifter

While we understand that many property owners do not allow tenants to paint with the latest trending colors, it is still possible to add some spice and texture to your home. You can visit garage sales, local flea markets and scratch and dent stores to locate used furniture that needs to be refurbished. Budget and Kid Friendly Fun.

Budgeting 255
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Save Money on Rent

Prairie Eco-Thrifter

Handy man – For a continuing rent reduction, offer to be the go to person for the rest of the tenants when things go bong in the night. Related posts: Rent-to-Own Homes: A Way to Make a Home Sale Work. This is one of the most hated landlording tasks and should be worth some hefty reductions. This post was written by Marie.

Rent 185
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23 Passive Income Ideas To Help You Make Money In 2023

Savings Corner

Create a course One popular strategy for passive income is creating an audio or video course, then kicking back while cash rolls in from the sale of your product. What if you get a tenant who pays late or damages the property? Courses can be distributed and sold through sites such as Udemy, SkillShare and Coursera.

Money 52
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Money Matters: Why January is the Best Time for a New Rental

Motherhood Moments

But in the winter, landlords might not have many (or any) prospective tenants—and they may be more willing to negotiate in order to fill a vacant unit. During the summer months, landlords normally have multiple applicants vying for the same rental—meaning they have all the power. Renters can either agree to their terms or keep looking.

January 100