Many property owners are making the lucrative decision to rent out their houses in today’s market, but opening yourself up to a new income also means opening yourself to liability issues. Buying a rental property can be one of the most lucrative investments you make if marketed appropriately, but there are safeguards you need to […]
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How to Market to Your Ideal Tenants
Whether you’re renting out one property or many of them, you won’t be a landlord long before learning that dealing with tenants can be tough. From people who don’t pay on time to people who trash your property, there are all kinds of headaches that come with the territory in the property management realm. To […]
Continue ReadingHow to Ensure Your Property is Ready for Tenants
Sooner or later it’s bound to happen. Previous tenants move out and you find new tenants who want to move in. However, before they can do so, it’s up to you to make sure that your property is ready for them. Not sure where to start? Here are few simple tips for DIY landlords: Think […]
Continue ReadingShipping container offices as a fast growing trend
And now, a guest post from one of our colleagues Down Under _Trevor // Shipping containers used to be just some rusty and clunky objects lying around shipping yards and ports. Things have changed in recent years, and we now see many startups, pop-up and retail shops situated in these steel boxes. This unconventional solution […]
Continue ReadingThe Single Real Estate Marketing Tactic Agents and Sellers Can’t Ignore
Forty-five percent of all home purchases include the use of some form of website or smartphone app, according to Realtor.org. And with 65 percent of all realtors using social media to market their properties, you have probably noticed that if you don’t have incredible property pictures, a virtual tour and an online presence, you’re officially […]
Continue ReadingImportant Outdoor Updates to Make to Your Investment Apartment Property
When you decide to invest in an older rental property, there are bound to be some extensive updates you’ll need to do before your property is ready for tenants. These tasks will be even more extensive if you are investing in a duplex or apartment complex. According to the Law Depot blog, rental tenants highly […]
Continue ReadingSafe Ways to Collect Rent from Your Tenants
In an era where identity theft runs rampant, finding tenants who have the financial means to pay their rent in a timely and consistent manner based on their lease agreement is only half the battle. Here are four safe ways to collect rent from your tenants. Electronic transfers. If your tenant has a checking or […]
Continue ReadingSmall Guide for Renting Your first Apartment
Finding your own place to live is like going on an adventure – you never know where you will end up or what can happen on your ‘quest’. It might seem like fun and games all the way: you check out the place and if you like it, it’s yours. Nevertheless, there is more to […]
Continue ReadingProperty Management 101: Tips & Tricks for Success
The average cost of tenant turnover runs between $2,500 to $3,500 depending on the area you live in, according to FRE Real Estate and Property Management. Keeping tenant turnover low and maintaining a quality property is the focus of any property manager. But wading through the endless details of keeping a property running smoothly can […]
Continue ReadingBuilding Wealth Through Smart Real Estate Transactions
Saving your cash through 401(k)s and savings accounts are simple ways to build wealth, but the return isn’t as large as it could be with real estate investment. Owning property in nearly any city will eventually give you a large return during a sales transaction. Building your wealth, similar to the experience of Wes Edens, […]
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