I started LEAP in February of 2012 with $7,000 in my account (on loan from my father). My first office space was in a spare room at a nearby church that was nice enough to give me their wifi password — since I clearly couldn’t afford luxuries like wireless internet on my own.I started with a single …
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Dallas-Fort Worth Rental Market Report 2018
Welcome to the LEAP Property Management DFW Rental Market Report for 2018! In this report, we’ll take a look at the current DFW rental market trends and, since it’s the beginning of a new year, take a look back at key trends in 2017 that stand to influence the rental market in the coming …
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How to Determine If Your Investment Property Will Produce Cash Flow [FREE Rental Property Calculator]
Will your existing and prospective properties produce the income you’re looking for? The primary tool you need to make your decision is a rental property calculator. As you calculate how much your rental property will produce, consider these expenses.
Monthly Rent Potential
How much can you …
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Powerful Property Management Tips for Reducing Tenant Turnover
Most people don’t realize the hit their bank account takes when it’s time to find a new tenant. Tenant turnover is expensive. And it doesn’t just cost money; it also costs time. After listing and marketing the property, vetting potential tenants, conducting move-out and move-in inspections, and …
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When Is It Time to Sell Your Investment Property?
Sometimes investments just don’t work out. Sure, a great property is often the key to unlocking real investment potential, but other times it’s just better to pull the plug. So how do you know if you should sell? If you find yourself in one of these scenarios, it’s probably time to call a listing …
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Behind the Scenes: A Day in the Life of LEAP DFW Property Management
You’ve probably wondered what property managers do. You may even assume we cash rent checks all day – but that’s only part of the story. If you’ve ever wanted to be a fly on the wall at a property management company, here’s your chance. We’re giving you a peek inside our management office to …
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5 Reasons Your Rental Property Has A Negative Cash Flow
When it comes to increasing cash flow for your rental property, most advice in the property management world is flat out wrong. It’s not as simple as raising rent. Instead, you need to find the underlying reasons you’re not making money. Only then can you make improvements that will positively …
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How Landlords Can Save Money with a Property Management Company
No one cares about your property as much as you do. So, it’s understandable if you’re apprehensive about passing on management to someone else. After all, you have to trust this person to make decisions that affect your asset and monthly cash flow. You may not see the value in hiring a manager …
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When is it Illegal for Landlords to Change Tenant Locks?
Challenging residents can make your life miserable. When a situation reaches its breaking point, you may feel the urge to simply rekey your property, say good riddance and find a better tenant. Not so fast. Even when your tenant isn’t following the rules, there are very few instances where a …
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The Pros & Cons of Owning Investment Properties in a College Town
Dallas-Fort Worth has no shortage of colleges and universities. There’s TCU in Fort Worth, SMU in Dallas, and UNT in Denton, just to name a few. Not to mention the community colleges all around the metroplex. From a real estate perspective, college towns are booming markets. Everyone needs …
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