Scott Esmail Property manager and Real Estate investor
Being a real estate expert and a property manager, I will share with you the most crucial success tips that probably no one ever told you about. As you read along, make sure you follow and gain more profits like you never expected to before:
1- Get Insurance
As a landlord, make it a compulsory rule to get the maximum amount of insurance you can get. These include property insurance, rental insurance and any other insurance that your state may require. This will help in cases of any devastating losses that may occur in worst-case scenarios.
2- Establish a well drafted lease
It is imperative to have a well-established and pro-landlord-oriented lease. The lease should be thoroughly drafted and you should be benefiting from it. To ensure that you have an effective lease, contact a real estate expert or a property manager like myself, Scott Esmail so that there is no chance of losing even a dime from your investment.
3- Hire a property manager
As an owner of rental properties, you know that it is not easy to ensure that a property is in its best condition or if the tenants you are dealing with have a positive credit score. You have to pull some strings and invest your valuable time and effort into it, and still end up in worst-case scenarios. In these kind of moments, a property manager or real estate expert is your best solution.
A property manager will take care of all the repairs that your property needs (if any), make sure that the paperwork is completed and run an effective credit score on the tenants you are dealing with. All you have to do choose the ideal property you want to buy and leave the rest on them!
Written by Scott Esmail Property Manager and Real Estate Investor
