Have you heard of the tiny house phenomenon? It’s about living small, but it’s becoming a big trend. While the average house size in the United States is around 2400 square feet, tiny houses are generally 600 square feet or smaller. Some tiny house dwellers have downsized as far as 100 square feet. Does this movement have staying power? Is it worth taking a closer look?… [Read More]
Archives for December 2015
Deciding whether or not to remodel can pose a huge dilemma for property owners who want to sell. On the one hand, renovations don’t provide great returns. On the other, buyers will be less likely to offer on homes that look shabby or need maintenance. When you’re stuck between a rock and a hard place, what’s a homeowner to do?… [Read More]
When most people think about absentee landlords, the stigma isn’t great. It drums up an image of a slimy slumlord who takes money and doesn’t ever show his face. However, that’s not the case with the landlords who put their best foot forward and make a continued effort to do a good job, even when they live offsite.
It’s better to think of an offsite landlord as a great investor. Investing in housing markets in other cities, states, or even countries in order to turn a good investment is a smart idea, and many people choose to do that over investing in a nearby location. Once they land a property and rent it out, it’s up to them to manage it. Many investors choose to take the absentee landlord approach, in which they handle all of the managerial work from afar…. [Read More]
Every once in a while, it’s a good idea to redecorate your properties – especially if you’re struggling to keep consistent tenants. Fortunately, there are plenty of great places to look for inspiration, and you can easily find design ideas that fit perfectly into your budget if you know where to look.
Thanks to the explosion of the internet and the many websites and blogs available, it’s easy to forget about the inspiration around you. But through a blend of both online and physical venues, you’ll be able to find plenty of inspiration for decorating an apartment. Here are just a few ideas to help get your creative juices flowing…. [Read More]
When it comes to real estate investments, most investors pursue a particular strategy. In many cases, this is either flipping or buying and holding. While flipping offers a handful of benefits in today’s market, you could argue that buying and holding offers more value. Let’s take a look at this strategy and how it could help you profit…. [Read More]
When selling a home, the open house is one of the most important parts of the process. And whether you’re selling the home on your own or using an agent, it’s critical that you’re involved. Unfortunately, many agents and sellers blow this opportunity to attract leads and motivate buyers. Don’t let that be the case in your situation…. [Read More]
Smart home technology is currently sweeping through the marketplace with vigor and determination. Everyone wants to get their hands on the smart gadgets and advanced technologies they read about on the internet or see on television. And while most smart home devices are aimed at homeowners, who says they can’t also be incorporated into rental properties?… [Read More]
While owning rental properties is a great way of building steady income throughout the year, it certainly comes with expenses and burdens. In order to reduce your tax bill each year, you should pay attention to the deductions available to you and take advantage of as many as possible…. [Read More]
Some of the biggest mistakes made in real estate happen during the negotiation process. Sometimes, the buyer is too stubborn and the seller caves too easily, or sometimes the seller is too stubborn and loses the buyer completely. The housing market is better than it’s been in years, but you don’t want to take any chances. It’s best to be armed with negotiation skills when trying to sell your home…. [Read More]
There are typically two situations in which a homeowner decides to offer a rent-to-own deal to a tenant. The first occurs when the homeowner is unable to sell the property in a timely manner, and can’t afford to keep paying the mortgage without some level of assistance.
The second occurs when the landlord wants to get rid of an investment property but has a tenant and is in no rush to sell. If you find yourself in either of these situations, you too may want to consider offering your tenant a rent-to-own option…. [Read More]