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Budgeting & Financial Planning Archives

How to Create a Budget for Your Rental Property

Knowing how to budget and plan for costs will save you money and stress in the long run. So, we’ve created an eight-step process to help you create, maintain, and use a budget effectively for your rental property business.

Do I Need a Cash Reserve for My Rental Property?

Owning rental property comes with a certain amount of risk, and maintaining a cash reserve is the best way to ameliorate that risk. Today we’re covering the basics of cash reserves and savings tips that you can start using immediately.

Rental Property Asset Depreciation

Every rental property investor takes depreciation deductions on their taxes every year, but not every investor knows exactly what that means or where those numbers are coming from. Read on for a primer on rental property depreciation!