Former President Donald Trump’s campaign pledge to make workers’ tips tax-exempt could significantly impact the take-home pay of tipped workers. Hotel housekeepers and restaurant workers are potentially the largest affected group in travel.
Helpful tips for being a traveling landlord
29.05.2024 - 12:58 / traveldailynews.com / Apollonas Kritikos
If you’re going to spend extended time traveling, there are a few foundational pieces you’ll need in place.
There’s a common misconception that landlords can’t spend time traveling and instead have to constantly be “on call” in case they’re needed at one of their properties. But this simply isn’t true. Some of the most successful landlords spend months out of the year traveling and very rarely spend time in the cities where they own properties.
As a landlord, you can (and should) spend time traveling – and your properties don’t have to suffer as a result. It all comes down to putting the right processes and systems in place to keep your properties running smoothly while you’re out of pocket.
Property management tips for traveling landlords
If you’re going to spend extended time traveling, there are a few foundational pieces you’ll need in place. Here are several of those tips:
Adding it all up
Landlording isn’t for everyone. And if you’re going to prioritize traveling, you need a plan. Hopefully, this article has given you a few helpful tips and strategies that you can use to keep your tenants happy and properties running smoothly while you’re away. Good luck!
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