Green Residential
While some landlords genuinely enjoy their responsibilities, the rest of us are in the game for one reason: we want to strike a profit. Property ownership is an investment opportunity, first and foremost, so maximizing profitability should be your top concern…. [Read More]
As the owner of a property, you’ll be fully in charge of its renovations—which means you’ll be the one to spend the time and money making the renovations, and the one earning the benefits from them. If you want to maximize the profitability of your property (and limit your risks in the process), you’ll need to be discerning about which renovations you take on…. [Read More]
Nobody rents out a property thinking they’ll need to evict a tenant later on, but sometimes eviction becomes necessary. A tenant who starts off stable could lose their job unexpectedly and be left without a reserve to pay their rent. Sometimes tenants are on their best behavior until they get into the unit and then show their true colors…. [Read More]
If you’re thinking about getting your feet wet in property investing, but don’t know where to begin, or if you want to split the responsibilities with someone else, you might consider the options of co-owning (and by extension, co-managing) a property. While there are some advantages to this arrangement, you’ll need to think carefully about the dynamics of the partnership and the potential consequences of going this route…. [Read More]
If you’re just getting started in real estate investing, or have a couple of rental properties already but don’t feel like you’re prepared for all of the challenges you encounter on a daily basis, you could probably benefit from a mentor. It’s something you should at least be open to…. [Read More]
Are you looking for a way to increase income on your rental properties? Are you in a nice location that’s surrounded by lots of business activity and other attractions? If you’re willing to go against the grain and do something different, you could be a good corporate housing landlord. Not sure what that entails? Stick around and we’ll explain what this looks like in more detail…. [Read More]
Relocating to a new city, whether for work or personal reasons, is often an anxious time. Not only do you have to uproot your family and leave behind friends, jobs, and a community that you’re familiar with, but there’s also the challenge of finding a house. How can you possibly select a place to live when you don’t know anything about property values, schools, taxes, amenities, and all of the other factors that come into play?… [Read More]
Home design trends change from year to year and decade to decade. Back in the 60s, 70s, and early 80s, homes were much smaller than they are today. Part of this was cultural. This was before the rise of McMansions, back when kids still shared bedrooms and everyone in the family didn’t need their own space to get away…. [Read More]
You should never invest in a piece of property without first doing your due diligence. But over the years, the concept of due diligence and what sort or research is necessary to make an educated financial decision has evolved. Contrary to popular belief, it’s no longer mandatory to actually see a property in person. It’s definitely ideal to be able to walk a property, but don’t let an inability to physically see a property hold you back from making a profitable investment…. [Read More]