Property damage is unavoidable. If you haven’t had to deal with destruction yet, you will at some point in your career. Some…
Investment properties and rental properties seem like easy ways to make money. In most cases, you’ll be able to charge more in rent than you’ll pay in a monthly mortgage payment, and if all goes well, you can pocket the difference as free income every month. Plus, your property is likely to appreciate in value,… [Read More]
You’ve likely heard that real estate investing is one of the easiest ways to become a millionaire. And it’s partially true; real estate prices tend to slowly rise over time (at least in valuable areas), and in the meantime, you’ll be able to collect rent checks from your tenants. However, there are hidden costs to… [Read More]
Buying a house is exciting, stressful, time-consuming, expensive … and you could insert dozens of other words. Nobody would dispute that it takes a lot of energy to buy a home at all, and the last thing you want to do is have to sell it and buy another in three to five years when… [Read More]
According to market research, it’s still currently a very good time to invest in an income property. Interest rates are low as the banks become more comfortable about lending money to first-time investors, and rising property prices signal a strong return in the future, whether you sell the home or rent it out.
As a landlord, you know that you’re responsible for the bulk of major repairs and ongoing maintenance for your rental properties. As a general rule of thumb, if the repair was not the fault of the tenant and if it in any way impacts the tenant’s quality of life, it’s on you to do whatever… [Read More]
In a perfect world, your rental properties would be leased on a continuous basis, and there would be no gaps between tenants. But in reality, every rental property will eventually sit empty for a month or two after no tenants have signed a lease agreement.
People need homes, no matter the time of year, so you wouldn’t think weather would affect this market. However, it plays a key factor in home sales. If you’re in the market to sell your home, you may not know that there’s actually a best month and season to sell your home.
Airbnb has quickly become a threat to the hotel industry, but it’s not without its flaws. Safety is the biggest concern for hosts and renters alike. Renters are concerned about physical safety while sleeping in a stranger’s spare bedroom, and hosts are worried about their belongings disappearing in the middle of the night.