Posts Tagged ‘investment property’
What to do with a tenant’s possessions after eviction?
Dealing with a tenant’s possessions after eviction requires careful adherence to the laws and regulations of your jurisdiction. Here are general steps that landlords typically follow, but it’s essential to consult local laws and seek legal advice before taking any action: Understand Local Laws: Familiarize yourself with the eviction laws and regulations in your area.…
Read MoreCondos, Apartments, or Houses which gets you the biggest return on investment in 2024?
The return on investment (ROI) in real estate can vary based on various factors, and there is no one-size-fits-all answer as it depends on individual circumstances, market conditions, and investment goals. Here are some considerations for condos, apartments, and houses: Condos: Pros: Typically lower upfront costs compared to houses. Exterior maintenance and common areas are…
Read MoreWhat are the five hardest parts of being a landlord?
Being a landlord can be a challenging and demanding role. Here are five aspects of the job that many landlords find particularly difficult: Tenant Issues: Tenant Screening: Finding reliable and responsible tenants can be challenging. Screening applicants thoroughly is time-consuming, and making the wrong choice can lead to various complications. Evictions: Dealing with difficult tenants…
Read MoreThe importance of hiring a property manager in 2024
2024 is around the corner and if you’re like most investors, you’re searching for ways to improve your business in the coming year. Thankfully, in the technology age there are a variety of things that you can do to improve your business but one of the very best things is to hire a property manager.…
Read MoreAre rental properties still a smart investment?
The viability of rental properties as an investment can vary based on numerous factors, including location, market conditions, economic trends, and personal financial goals. With the current state of the economy, most investors want to know if rentals are still a smart investment. In this article, we will answer this question and offer you tips…
Read MoreTips For Buying Your First Rental Property In 2023
Are you planning on buying your first rental property? If so, you’ve come to the right place! Rental properties have continued to produce ROI for investors in recent years and passive monthly cash flow compared to stocks and Bitcoin. The great news is that there are lots of great deals out there right now with…
Read MoreWhat is a 1031 Exchange?
For lifelong real estate investors, the 1031 exchange can be the trick to help them save on taxes and build significantly more wealth. This post is the road map to making this happen. What is a 1031 Exchange? If a landlord decides to sell a rental property at some point, they will need to pay taxes on…
Read MoreWhat is a late notice? How do you write one?
Writing a late rent notice is an unavoidable part of being a landlord. The notice of a late rent payment has three purposes. First, it reminds the tenant to pay the overdue rent promptly, informs about late fees, and then warns the tenant of the consequences of nonpayment. However, a late rent letter has a…
Read MoreWhy rental properties are still a good investment
One of the most valuable tools rental property investors have in the U.S. is the 30-year fixed-rate mortgage. Surprisingly, this style of mortgage is very much an outlier compared to what’s typically offered in other countries. Most countries tend to offer adjustable, variable, flexible, or renegotiable rate mortgages, all of which pose an inherent risk…
Read MoreFive Tips for Creating an Eye-Catching Landscape for Your Rental
Are you looking to create an eye-catching landscape for your rental property? With the right plan and a bit of creativity, you can transform your outdoor space into a stunning landscape that will be the envy of your neighborhood. From selecting the right plants to creating a functional outdoor living space, here are five tips…
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