It is not cheap to operate a rental property. The cost of operating a property goes up every year. Insurance rates, taxes and maintenance are some of the things that a rental property investor can expect to increase every year. Durham property managers often wonder whether they should raise the rent in order to cover […]Read More
Let’s run through an all too common scenario with real estate investors in the past… You have a rental property worth $200,000, but you would like to sell it and buy a different one worth slightly more. The property will be used in the same manner as its predecessor. Usually, you would incur a tax […]Read More
New rental property managers or someone who’s just started with a new property management company may wonder what constitutes normal wear and tear on a rental property compared to what constitutes damage to a rental property. Normal wear and tear can be vaguely defined as the depreciation that occurs through normal daily living in the […]Read More
Rental properties are lucrative investments in the modern society and seemingly becoming a trend for younger generations to try to capitalize on. With online platforms like AirBnB and Instagram, real estate has become “sexy” to get involved with. Thousands of business moguls in the world have dominated the sector because of its enjoyable benefits and […]Read More
If you are interested in investment property management, then there are a number of factors that you will have to consider. The time of the year is one of the many things that a rental property investor takes into account to fine homes for ‘at-price’ or below list. Not to mention, much of the competition […]Read More
"Let each of you look not only to his own interests,
but also to the interests of others..."