The simple strategy for putting more money in your pocket is to stop focusing on monthly cash flow and to do everything you can to avoid vacancies and turnovers. This will put more profits into the pocket of any rental property owner. I get calls from prospective clients who are often unhappy because they are not making enough money. When we talk, they tell me they have great cash flow but tenants move out and high turnover costs or vacancy eat up previous profits. This is a common problem and four simple steps can help you solve it. (more…)