Furnishing a vacation rental is a delicate process. You have to consider the price, your target rental market, geographical location, kid-friendliness, your own personal taste, and more. If you try to think about it all at once, it’s simply overwhelming. However, if you take it step by step and carefully consider each issue, you can make smart, financially-sound decisions that allow you to reap the maximum benefits…. [Read More]
Any landlord knows that inside amenities attract the tenant, but the backyard’s what seals the deal. It’s hard for renters to find a great backyard that’s well maintained and attractive. For that reason, you want to make sure your property’s backyard is breathtaking. However, when you’re on a budget, you might begin to second-guess your decision to redo the backyard. Don’t worry; there are plenty of things you can do to spruce up a backyard without breaking the bank…. [Read More]
It’s true that many renters don’t give much thought to the eco-friendly side of the home they’re renting. They prefer to look at cost variables and comfort. But many more renters take it into consideration when they purchase a home, and a green home appeals to an extremely wide audience.
For renters, a greener home means that they are not only doing their part to help the environment, but also that they’re reducing energy costs. Green improvements aren’t always attractive, but lucky for you and your renters, some of today’s most popular green trends are also some of the most popular home trends…. [Read More]
Anyone who’s lived in the Houston area knows that on those 90-100 degree days, it’s nice to cool off in a backyard swimming pool. But if you’re putting one in the backyard of your income property you’ll have to put in a lot of maintenance work to keep it looking nice. You’re probably looking at spending thousands of dollars a year on maintenance alone…. [Read More]
When you purchase a property, resale should always be the focus. Regardless of whether you think you’ll be living in the home or renting it indefinitely, you always have to think about the value down the road. Over the years, that means paying attention to changing styles and adapting to certain needs. While there are a number of cost-effective renovations that can be performed inside the home, you can really recoup your money by considering outdoor improvements…. [Read More]
When it comes time for your tenants to vacate the property, you want the process to go as smoothly as possible. A great move out process means that the tenants will adhere to the contract and leave you with as little to do as possible. The quicker this process happens, the faster you can get new renters in the property and see income rolling in…. [Read More]
Though most landlords will tell you their job is rewarding, they’ll also tell you it’s not without great personal risk, and that landlord insurance is one of the best investments you can make. A simple policy can mean the difference between seeing a profit and shelling out thousands a month for legal and property damages. For just a few hundred dollars a year, you can ensure that you are protected from property damages, maintenance issues, contract disputes, and even rental defaults from tenants…. [Read More]
Whether you’re buying your next home or another investment property, the inspection process is the single most important stage between an accepted offer and the closing. However, it’s not always straightforward. Depending on the home and how comfortable you feel, you may choose to have certain elements professionally inspected while analyzing others on your own…. [Read More]
As you know, no two real estate investors are the same. Everyone chooses to let their money work for them in different ways. There are dozens of unique specializations including apartment complexes, flipping, luxury home rentals, multifamily housing, vacation properties, and many more. However, for the beginner, certain options stand out above the rest. Multi-family housing units – and duplexes in particular – can be quite advantageous…. [Read More]
Whether you have children who will be attending college or you’re simply a savvy investor on the lookout for diverse real estate investments, buying and renting college real estate can prove quite lucrative. However, it takes very careful research, a detailed plan for ongoing maintenance, and a strong stomach.
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