If you’re a rental property owner, you know that cash flow is essential to your success. After all, what good is owning a property if it’s not generating income? If your property…
Tag: Rental income
How to Read and Understand a Profit and Loss Statement for Rental Property
If you’re a landlord or rental property owner, it’s important to understand your business’s financials – and that includes your profit and loss (P&L) statement. A P&L statement is a key financial…
Keep Your Sanity and Your Investment: The Importance of Residential Property Management
There’s a lot of responsibility that comes with being a property manager or landlord. Between finding new tenants, collecting rent, and ensuring the property is in good condition, it can be difficult…