No matter if you're a first-time landlord or a professional with years of property management experience, some tenant complaints might make you pretty confused. But the good news is that any complaint can be handled with the help of effective communication strategies and certain tech tools.

Typically there are two categories of landlords out there: the professional landlords and the amateur ones. The latter are often referred to as 'accidental landlords'- people who never treated their home as a long-term business investment, but have become real estate investors due to life circumstances.

Investing in residential or commercial rental properties has always been an attractive idea. Although this type of investment requires an initial outlay, it's a rewarding solution often associated with high ROI and ongoing passive income.

Why do you think some landlords become successful entrepreneurs while others have a hard time developing their rental business? The harsh truth is that landlording isn't for everyone. But fortunately, there are a few traits any landlord can develop in order to build wealth while running a property management business.

The value of your rental depends on a range of factors including its size, overall condition, infrastructure, etc. If maximizing ROI of rental properties is a priority, finding effective ways to enhance the value of your rentals should be on your to-do list.