Real estate can be a powerful investment. Buy the right home, and you can rent it out to other families and individuals throughout the years, earning a hefty monthly income as you do. Of course, buying your first home for rent might not be as simple as it seems on the surface. There are a […]Read More
Whether you constructed or bought the property you own, you understand how huge an investment it is. This is why you will spare no effort to ensure that your property is in good condition at all times. With regular property inspections throughout the year, you will not only ascertain the structural integrity of the building […]Read More
It is important for rental property owners to know and understand how to manage cash flow. Cash flow is an important item in your budget that allows you to project income over the year. As an investment property owner you may find out your profit is 8% after expenses when it should be, say 10%. […]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
Some real estate investors, particularly new ones, see hiring property managers or a property management company as an unnecessary expense. But, they can actually be a huge benefit to your income. Here are four important reasons to hire a property management company to oversee your rental property: 1. Set the Best Rent for Your Property […]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
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