Cap rate is NOI divided by price. The hard part is getting NOI right. Here's a worked example, how to turn a target cap rate into an offer price, and where the number misleads.
There's no honest single number. Here are the factors that drive landlord insurance premiums, the coverages to compare, and how to shop quotes like-for-like.
From a friendly reminder to a formal notice: the steps, the documentation and the state-by-state caveats every landlord needs to know before rent is late.
Which trips may count, standard mileage vs. actual expenses, what to write down for every trip, and a five-minute weekly habit that keeps your log audit-ready.
The 1% rule in one line of math, worked examples, the rehab adjustment, and why a deal that passes still needs a full analysis.
Lease and disclosures, funds, a documented inspection, keys, utilities and safety checks. A step-by-step move-in checklist for small landlords.
The eight things every rent receipt should include, how to handle cash and partial payments, and a simple template you can copy.
Stessa, Baselane, REI Hub, Landlord Studio and TurboTenant compared on price, bank feeds, Schedule E reports and depreciation tracking, plus when a spreadsheet is all you need.
Baselane, TurboTenant, RentRedi, Avail, Stessa and Landlord Studio compared on price, who pays the fees, payout speed and extras, with every claim checked against the official site.
How to set written screening criteria, verify applications consistently and document decisions, with the fair housing guardrails every small landlord needs.
Occupancy taxes, Schedule E vs. Schedule C, the 7-day and 14-day rules, personal-use limits and what records to keep, explained in plain English.
All-in cost, ARV, refinance proceeds, cash left in the deal and post-refi cash flow: the five numbers that decide whether a BRRRR works, with a worked example.
Deal Analysis
The two numbers that decide a house hack, your effective housing cost today and your cash flow after you move out, and how to calculate both honestly.
Operations
Skip the one-size rule of thumb. List the big components, estimate their remaining life and cost, and you'll know exactly what to set aside per unit each month.
Operations
Check the rules, price against real comps, then compare the increase with the true cost of losing a good tenant. A worked example with made-up numbers.
What this is, who it's for, and the three things to do first.
News
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Taxes
A line-by-line checklist of commonly overlooked rental expenses, the records that back them up, and the questions to bring to your tax preparer.
Operations
Limits, holding the money, documenting condition, lawful deductions, return deadlines, and tax treatment. Plus a checklist of what to look up in your state.
Operations
Clear lease terms, easy payment methods, automatic reminders, and a calm, consistent playbook for when rent is late.
Deal Analysis
The formula, a step-by-step example with made-up numbers, and the honest expense assumptions that keep a "great deal" from turning into a money pit.
Taxes
What goes on each Schedule E expense line, with plain-English examples, common gray areas, and how to set up your books so tax time is copy-and-paste.
Bookkeeping
The columns, categories, and 10-minute monthly habit that turn a messy shoebox of receipts into a clean, tax-ready rental ledger.