"Normal wear and tear"—it's something you've probably seen in a rental lease somewhere. You may have even thrown the term around yourself once or twice.
HGTV makes landlording look like an everyday vacation. It's always smiles, high-fives, overcoming challenges, and coming out on top. However, real-life home and rental property ownership are a bit different.
Intentionally (or accidentally) becoming a landlord doesn't automatically make you an overnight master of the trade. There's a lot to learn, and you're bound to make mistakes along the way.
The short-term rental space has exploded in recent years. And it’s not surprising given the stories of how much some short-term rentals can earn. While short-term rentals are certainly great for some people, they are not for everyone.
DIY home renovation projects are all the rage. Thanks to good ol' Chip and Joanna Gaines, anyone and everyone who has a property, drill, runaway imagination, and HGTV on demand is renovating in fresh, inspiring ways.
Property protection should be non-negotiable—no landlord should risk going without it. Just like you wouldn't (or shouldn't) drive a car around without insurance, you don't want to rent out your property without the proper asset protection.
Like with any investment, real estate has inherent risks—and rental vacancies are one of the biggest and baddest.
Laura always knew she wanted to get into long-term rentals, and when she was finally satisfied with her stability and savings, she decided now was the time. After looking up and down the West Coast and finding little hope with her realtor in Portland, Laura gave her ol' friend PJ a call—who just happens to be Nomad's co-founder.
As a landlord, you face a tricky balance: you want to protect your property, but you also want to avoid lengthy vacancies.