"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.
Definition of Normal Wear and Tear: What Does It Actually Mean?
Mar 17, 2021 9:30:00 AM / by The Nomad Team posted in DIY Landlord
Your Rental Property Is a Business—Treat It Like One
Mar 9, 2021 7:17:41 AM / by The Nomad Team posted in DIY Landlord
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.
11 Common Mistakes We See Landlords Make All the Time
Mar 8, 2021 10:15:00 AM / by The Nomad Team posted in DIY Landlord
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.
22 Budget-Friendly Ways to Renovate Your Rental Property in 2021
Feb 23, 2021 8:45:00 AM / by The Nomad Team posted in DIY Landlord
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.
Rental Vacancy Rates: Hidden Risks and What You Can Do About Them
Jan 12, 2021 6:35:03 AM / by The Nomad Team posted in DIY Landlord
Like with any investment, real estate has inherent risks—and rental vacancies are one of the biggest and baddest.
How to Find the Best-of-the-Best Tenants for Your Rental Property
Jan 11, 2021 6:00:00 AM / by The Nomad Team posted in DIY Landlord
As a landlord, you face a tricky balance: you want to protect your property, but you also want to avoid lengthy vacancies.
First Time Renting Your Property? Here's What to Know and Do
Jan 4, 2021 6:38:17 AM / by The Nomad Team posted in DIY Landlord
Considering renting out your home for the first time can be both thrilling and nerve-racking. Is it worth it in the long run? Should you sell instead? How much work is it going to take?
The 11 Not-So-Noticeable Property Costs Eating Your Profits
Dec 3, 2020 7:46:49 AM / by The Nomad Team posted in DIY Landlord
Owning a rental property is a great way to earn extra cash each month and even make a living:
2021 Guide to Rental Rates: How Much Can I Rent My House for?
Dec 3, 2020 7:33:20 AM / by The Nomad Team posted in Rental Property, DIY Landlord
Prices matter, especially when it comes to real estate. Just think about how much time you spend at the grocery store debating between name brand and off-brand products—and that's just to save you a couple of cents.
The 4 Most Expensive Costs of Owning a Rental Property
Nov 30, 2020 1:43:53 PM / by The Nomad Team posted in Rental Property, DIY Landlord
Owning a rental property isn't cheap, but you probably knew that already. Mortgage payments, taxes, insurance—it takes a lot of cash.