Successfully managing your own investment properties requires the mindset of a business professional. With real estate investment still on the rise, it is critical to avoid common mistakes that limit growth. The following blog will list some common mistakes with practical solutions, to help you avoid mistakes if you are going to include real estate […]
There is no better way to set yourself up for a better future than to invest in property and build your real estate portfolio. Once you’ve crossed all the T’s and dotted all your I’s preparing your home to be rented, it is time to shift your focus on managing your property. Soon, you will […]
A single-family home is a standalone property on its own lot. Investing in a single-family home is basically investing in a house or condo to rent to a single tenant. One of the simplest definitions of single-family rental property investing is getting paid for what you own, rather than just paying to own it. If […]
Real estate has long been considered a sound investment, and for good reason. Before 2007, historical housing data made it seem like prices could continue to climb indefinitely. With few exceptions, the average sale price of homes in the U.S. increased each year between 1963 and 2007—the start of the Great Recession. Home prices did […]
In a dream world, your tenants would pay their rent as soon as it’s due, maintain your property, and give plenty notice before they plan on moving. But as a landlord, you know that is merely just a dream. Even the best tenants can later become difficult. It’s not unusual to have tenants that damage […]
Perhaps one of the most overwhelming things about owning a rental property is worrying about how you are going to handle routine maintenance and repairs that your property is bound to need. If this is your first time renting out your space or you are seeking a tenant for the last vacant unit in a […]
Almost all things in life seem to flow in a cycle– leasing your rental property is no exception. The leasing lifecycle will set the pace for your business as a property investor. This predictable cycle occurs between each of your tenants. How does it work? Below we will discuss the ideal way that the lease […]
Hiring a property manager takes the hassle out of running your rental properties but choosing the wrong property manager could have disastrous results. Hiring a manager for your real estate investment is a personal decision. You are the only one who knows your business needs. Between maintenance repairs, showings, screenings, and rent collection, you may […]
Are you ready to be a real estate investor? There are many initial investment tiers that do not break the bank. Real estate is one of the most reliable and proven ways to build wealth. There are a fews ways to get into the game. Purchase a property and watch it appreciate in value then […]
Getting a quick return investment on your rental property is important. Rental property owners do not want their properties to sit empty for weeks or even months on end. However, one of the key components to making money on your rental property is protecting your investment. You do not want to chance renting to someone […]