6 Hacks for Making Tenant Management More Hands-Off
How can landlords keep their property management more hands-off? People buy rental properties because they want to build passive income. Emphasis on passive. Granted, rental properties are not completely passive investments the way that, say, mutual funds are. They require some work to buy, to manage, to maintain accurate books, to file taxes properly.
But the ultimate goal of all landlords is to minimize that work and keep their rental income as passive as possible. There are various ways by which landlords can keep their property management more hands-off. By screening tenants favorably, setting reminders for lease renewals, raising rents, maintaining the space regularly, etc. These amazing tips can help you make an awesome tenant management system which will be more hands-off and efficient.