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The presence of mold in your rental home can be anything from a nuisance to a large health hazard. While not all mold is hazardous, the more that any mold is allowed to grow, the more it risks damaging your property and disrupts the clean air you used to have in your rental. If you […]
The post How to Prevent Mold in Your Rental Home appeared first on Rentec Direct.
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That’s right. Your doctor spent at least 11 years in post-secondary education to be in a position to take care … 5 Reasons Your Doctor Has a Side Hustle Read More »
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In October 2017, not even 2 full months after we signed our second installment agreement with the IRS, we filed our taxes, and we owed more than we had paid ...
Read MoreOnly Darkness Everyday – Owe Back Taxes? It Hurts!
The post Only Darkness Everyday – Owe Back Taxes? It Hurts! appeared first on Foolish to Frugal.
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In 2007, life was amazing. We were complete morons, but hadn’t come to that realization yet, and as they say, ignorance is bliss. Right up until the light bulb snaps ...
Read MoreI Love To Live So Pleasantly – Stop The Spending
The post I Love To Live So Pleasantly – Stop The Spending appeared first on Foolish to Frugal.
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The layers of activity needed to manage the move-out process during tenant turnover can be daunting without a good system in place. From move-out notice to final walk-through inspection to finalizing all paperwork and finances, navigating the move-out process requires a little planning for success. Having a clear map of the process can help. Want […]
The post Tenant Turnover | The Move-Out Process appeared first on Rentec Direct.
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Recently, my wife started experimenting with home remolding and flipping. One of the main selling points for potential buyers is … Tidy Review – Our Experience [House Cleaning Service App] Read More »
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Fair warning, this may be the driest post I’ve ever written, so you may want a caffeine boost before you settle in. Exploring the differences between 401(k) and Roth IRA ...
Read MoreBorn to be Wild – 401(k) And Roth IRA Accounts
The post Born to be Wild – 401(k) And Roth IRA Accounts appeared first on Foolish to Frugal.
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So, how much money do you need to save? Again, I’m not here to dictate an amount or a percentage to you. You have to decide for yourself what your ...
Read MoreMake A Stash – Your Emergency Fund
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When Scott got laid off near the end of 2013, we were in trouble. He made about 60% of our income. He was able to collect unemployment for 6 months, ...
Read MoreAin’t No Sunshine – Cutting Expenses
The post Ain’t No Sunshine – Cutting Expenses appeared first on Foolish to Frugal.
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We continued to live a life of instant gratification and excess for the beginning of 2008. A few articles ago, I talked about credit card debt and how I never ...
Read MoreIn This Life of Luxury – Why Pay Taxes Today?
The post In This Life of Luxury – Why Pay Taxes Today? appeared first on Foolish to Frugal.
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Where do you keep this emergency fund you’re establishing? Our recommendation at this time is to keep the bulk of it in an online savings account.* This is where interest ...
Read MoreTake the Money and Run – The Online Savings Account
The post Take the Money and Run – The Online Savings Account appeared first on Foolish to Frugal.
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You’d be hard-pressed to find an industry that’s been hit harder than the short term rental industry. When the pandemic lockdowns hit in late March, Airbnb alone lost $1.5 billion in bookings virtually overnight, forcing the company to secure $2 billion in emergency financing. Short term rental hosts around the country are suddenly struggling to […]
The post How to Turn a Short Term Rental Into a Long Term Rental appeared first on Rentec Direct.
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Access the webinar recording here: General Ledger Accounting Flow Your Ledger transactions are the backbone for all your financial reports. Understanding how ledgers in your account are used separately and in connection with each other to track your income and expenses is vital to getting the most out of your property management software. Rentec Direct […]
The post Webinar Recap: General Ledger Accounting Flow appeared first on Rentec Direct.
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About half way through 2008, the housing market bubble was revealed for the house of cards it was, and it imploded. Taking the economy, and business number 3, with it. ...
Read MoreTaxman – The Tax Comes Due
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The lens of a landlord or investor is just half the picture and to think like a tenant re-imagines your business in a new paradigm. If your rentals are your livelihood or long term investment you already excel in juggling the many hats and landlord responsibilities or work with a property management company with those […]
The post A Fresh Property Management and Investor Perspective | Think Like a Tenant appeared first on Rentec Direct.
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Walkability–the measure of how friendly an area is to walking, including the presence of pathways and sidewalks, user enjoyment, safety, and proximity to area amenities like schools, parks, restaurants, and shops–has always been an asset for rental properties. After all, there is a reason for the existence of the real estate mantra “location, location, location.” […]
The post Why Marketing Your Rental’s Walkability Is Crucial During the Pandemic appeared first on Rentec Direct.
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Once you’ve built an emergency fund, and perhaps even while you are building it (I will get into more detail on that in a future post), it’s time to do ...
Read MoreWhen I’m 64 – Let’s Start Investing
The post When I’m 64 – Let’s Start Investing appeared first on Foolish to Frugal.
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Do you need help with rent and other financial assistance or know someone struggling to make ends meet? You’re not alone! There are over 44 million on unemployment, 23 million at risk of eviction, and millions more barely making it paycheck-to-paycheck. Getting through financial hardships isn’t easy so finding help with rent and other financial […]
The post Tenant Resources | Help with Rent and Other Financial Assistance appeared first on Rentec Direct.
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Full Press Release Available on PRWEB Rentec Direct Publishes New Report Exploring Rental Payment Trends During COVID-19 Pandemic Data from property management software company, Rentec Direct, shows renters continue to struggle to pay rent AUGUST 18, 2020 GRANTS PASS, ORE. –Rentec Direct, the highest-rated property management software solution, recently published a rental trends report revealing the impact […]
The post Rentec Direct Publishes New Report Exploring Rental Payment Trends During COVID-19 Pandemic appeared first on Rentec Direct.
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Properly handling your rental income and expenses, including accurately accounting for and tracking your funds, is an essential part of rental management. Both landlords and property managers need to create a well-defined accounting system, to help them stay organized. Property managers are additionally tasked with adhering to trust account guidelines and properly handling owner funds. […]
The post Rental Property Accounting Tips and Tricks for Landlords and Property Managers appeared first on Rentec Direct.
