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 …
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 …
A Guide to Good Tenant Relationships
It’s a binding contract. It’s also a handshake with eye contact. You’re the landlord, they’re the tenant. You have a business relationship and a human connection. Some of the landlord-tenant relationship is simple, black-and-white business. But some circumstances ask you to honor the human side of the relationship with a little psychology and a little give-and-take. Here are some tips …
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 …
The Pros & Cons of Renting to College Students
A college town means college students. Which means young people who need a place to live. If you own rental property near a college, it’s only natural to explore the possibilities of meeting their demand with your supply. It can be an excellent business move. But it helps to know what to expect when you rent to students and how …
Buying Investment Property: Some Tips
Buying investment property seems like a pretty straightforward venture. Select a property, purchase it, clean it up… and tah-dah! You’re ready to rent it out to prospective clients as either a residential or vacation property. Or maybe you try to flip it. Now, just sit back, collect the rent and watch your profits skyrocket along with the value of your …