As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to…
Selling a home is both exciting and nerve-wracking. Whether you’ve been living in the home for many years, or you’re attempting to flip the house for a profit, there’s a lot on the line. Obviously, you want the process to be as quick and painless as possible, but you also want to maximize your profitability;… [Read More]
These days, most people view listings online and gather some recommendations from their agent. But when it comes to actually giving serious consideration to a property, buyers are going to request a showing. As a homeowner, how you prepare your home for these showings will – to a large degree – determine how people feel… [Read More]
The real estate market is hot right now, which means it’s a good time to be a seller. Regardless of what type of property you have, you shouldn’t have any issue selling if you’re in a decent location. But if there’s one type of property seller’s find unique, it’s studio apartments. There’s certainly a market… [Read More]
A new year brings new hope – it doesn’t matter what happened last year. You have a chance to start fresh and do something new this year. This rings true in every area of your life, including your title as homeowner.
As a landlord, you obviously have a vested interest in your properties and want to do whatever you can to maximize profitability and enjoy the highest ROI possible. Sometimes this means increasing rent prices to account for new costs or increased demand. However, you can’t just arbitrarily increase rents whenever you want. There’s a process… [Read More]
Being selective about who you rent to is the best way to keep high-quality tenants. Requiring applicants to meet specific criteria when it comes to credit and references is a must. However, the law is strict regarding how you’re legally entitled to select your tenants and how you handle aspects of the relationship. When you’re… [Read More]
It’s not uncommon to find an elderly person in their 70s, 80s, or 90s who has lived in the same house their entire adult life. It used to be that you purchased a home for your young family and stayed in that house. Things have changed, though, and many families now make the choice to… [Read More]
When managing a rental property, cash flow should be one of your highest considerations. Cash flow, of course, refers to how much money you have coming in from rent compared to how much money you’re spending on things like your mortgage, property taxes, insurance, and ongoing maintenance.
Whether you’re simply looking to upgrade your home for your own personal reasons, or you want to increase your home’s value for putting it on the market, a master bathroom remodel is one of the more popular home renovation projects. It also happens to be one of the more cost-effective, as long as you have… [Read More]
Saving money is a top priority for renters. Some hang onto their cash by splitting rent with a friend. They move in together and build a cozy home they can cohabitate in. Not every roommate situation begins that way, though. People who enjoy living alone can face unexpected financial hardships that cause them to look… [Read More]