What to Do If You’re Losing Money on a Rental Property
In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive…
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It’s true that the United States economy is on the mend and that the housing market is slowly improving, but that doesn’t meant that people are ready to put their hard earned money into it. People are beginning to step out of their comfort zones, but they’re still wary of their economic surroundings. As a… [Read More]
For sellers (and first-time sellers in particular) home inspections can be frightening. What will the inspector find? What impact will a potential defect have on the sale price? Will the seller back out? Am I being treated fairly? These are questions everyone asks, so you shouldn’t be alarmed.
If you’re a real estate investor, you’ve probably heard your peers talk about LLCs and the pros and cons involved in forming a company of this type. They can certainly be advantageous for investors who have millions of dollars worth of property, but is there any reason for the average landlord to set up an… [Read More]
Half of the battle of filling vacancies in your rental property is doing successful showings. You’ve probably posted plenty of pictures online and gained positive attention through your efforts, but nothing sells a property quite like a tenant walking through the doors and imagining themselves living there. However, this only happens if your property is… [Read More]
Real estate investments can be highly lucrative or total flops. It all depends on the housing market and your ability to track it. It’s important to keep a close eye on the trends and activity over the last several years if you want an accurate depiction of how the market is performing.
Under most circumstances, a home purchase is the single biggest transaction you will make in your lifetime. It involves lots of money changing hands, piles of paperwork and legal documents, and plenty of negotiation.
We’ve been hearing about him a lot more for his pursuit of the White House of late, but Donald Trump’s success has come mostly from his real estate activities. Depending on which source you consult, his net worth is between $4.5 billion and $10 billion (and does it really matter?). The majority of that money… [Read More]
As the real estate market has picked up, especially over the past 12 months, some sellers have automatically assumed their property will sell within days of going on the market. This might be the case in certain markets, but you can’t afford to take it for granted. Particularly if you commit certain mistakes, you can… [Read More]
As you probably know by now, Airbnb has become incredibly popular. It’s fast, easy, cost effective, and relatively safe for both hosts and guests. Have you ever considered the possibility that your tenants might sublet your property on Airbnb? Or maybe they want to but are too afraid to ask? It’s worthwhile for you to… [Read More]
One of the most common reasons that people move from an apartment to a home is the arrival of children, but young parents often aren’t in a position to buy a home, so they turn to rentals. This can be great news for landlords, but it can mean a change in tactics. To rent to… [Read More]