Is 2022 your year to start investing in real estate? Maybe you’ve toyed with the idea in the past but never felt the time was right. Or you haven’t known enough about real estate investment to take the dive. If you’ve started looking into it, you’ve likely already figured out that there are a lot of options out there. For …
Airbnb Is Here To Stay – How To Decide If It’s a Worthwhile Investment Risk
This is an update to our “Airbnb: Does The New Kid On The Block Present An Investment Opportunity?” posted in March, 2019. The year was 2007. Three air mattresses and the promise of breakfast turned an apartment into a weekend rental, and Airbnb was born. Nearly 15 years later, in more than 190 countries and 81,000 cities, the short-term rental …
How Do You Know If It’s Time To Remodel Your Rental Property?
Outdated fixtures. Monthly phone calls from tenants about broken-down appliances and other repairs. Carpet that’s getting close to the seven-year mark with pet-owning tenants most of that time. How do you know if these things are signs that it’s time to remodel your rental property? Whether you’re a new or experienced landlord, it may be easy to tell when the …
Home Inspections — The Pros and Cons
In a seller’s market, when it’s easier to sell a home than to buy one, it can be tempting to get caught up in the moment and do whatever you can to beat out the competition for the home you’ve been waiting to buy. You may have heard that one way to get ahead on the list of buyers is …
Blending Emotion with Logic When Searching for a Home
Is it possible to buy anything without some emotional attachment? Even when we grab a slice of our favorite pizza, the smell and taste of it can bring back memories of time spent with friends and family. And pizza is such a small thing to spend a few dollars on. A house is so much bigger. A bigger investment. A …
The Ins and Outs of Insurance for Landlords and Renters
Renting or leasing a home has its fair share of difficulties, and the one thing you don’t want to forget about is insurance. The reality of the process, however, may mean call center wait times, talking to numerous people before getting to the right person and then being asked so many questions and you may not know all the answers. …
First Time Managing Your Own Rental Property? Avoid These 7 Rookie Mistakes
It seems pretty easy. You buy a property, make sure the appliances work, slap on some paint and boom—you’re in business. The thing is… being a landlord IS a business. Just as you’d approach your day job like a professional, you should approach renting to tenants like one. But everyone is a new landlord at some point, and mistakes are …
Real Estate Investment for Beginners
You’ve saved some cash and you’re ready to take the plunge… you want to invest in real estate. Now what? Start with your goals. Would you rather put in a lot of work over a short amount of time for a quick profit? You might want to buy and flip a single-family home. Or do you want to invest longer …
Preparing Your Home for a Sale – What’s On Your To-Do List?
When thoughts turn to selling your home, your mind races with questions. Probably the first thing you think about is where to start. There’s clutter that needs to be removed, gutters look shabby, should I clean my carpets, what about a fresh coat of paint, the yard is a mess… well, maybe I’ll just stay where I am…sound familiar? Preparation …
Renting My Home vs. Selling My Home
If you own your current home, you may be ready to upgrade to a larger home to support your growing family. Maybe you are ready to downsize because your children have grown and now your nest is empty. The question is, what do you do with your current home? Should you sell it or does renting it make more sense? …