This section features content that specifically pertains to investors. Our goals are to support new investors who wish to properly assess prospective properties for profitability while also keeping existing investors up to date on market trends, new opportunities, and best practices.
Real Estate Investing
Evictions are costly and time consuming, but sometimes are necessary to protect your real estate investment. If you need to perform an eviction, be sure to follow these tips, review state regulations, and consult a professional for additional guidance.
Short-term month-to-month rentals are very different than long-term leases, but they can be an asset to both landlords and tenants! Check out these pros and cons as we compare the short-term monthly tenancy to a more common long-term rental from a landlord’s perspective.
Every landlord hopes for a healthy relationship with responsible tenants, but this is not always the case. Disagreements can occur for any number or reasons, and it is important to have an action plan for when those conflicts occur. Here are key steps in developing clear and consistent communication with even the most frustrating tenants!
Purchasing the right amount of insurance can make or break an investment property! Careful consideration about the location, portfolio, risk, and optional coverages can offer a landlord much needed financial assistance when nature takes its course, or a lawsuit is presented.
Real Estate is a diverse asset, and the investments are not limited to rental income potential. Agricultural land and vacant properties have unique tax benefits that diversify a real estate portfolio. These investments can be very affordable because they are taxed with more diverse deductions, include depreciation on assets, have limited capital gains, and can sometimes be under the personal tax instead of a commercial one.
Real Estate Investments have significant potential for income, but they also carry potential for risk. These risks can be mitigated by avoiding these 5 pitfalls when considering a property for investment.
It can be tricky to rent a room or apartment to friends and family members. The screening process can be awkward, asking for a month down might be insulting, and handling extension requests can be complicated. So should you avoid this completely or just use best practices?
Condominiums offer a unique set of pros and cons for potential investors. They are very profitable and low maintenance in the right market, but there are elements of owning a condo that are not within the investor’s control and could still dramatically affect the income potential of the property.
Real estate investment can be a profitable venture, but only for those with the right mindset, skills, and knowledge! How can you determine if this investment opportunity is right for you while carrying minimal risk? Try these investment methods that are low-risk but offer a taste of what owning your own investment property would be like!
Becoming a landlord can be intimidating, but here are some tips to ensure that you have a proper relationship with your renters and that you are ready to manage the property.
When shopping for an investment property, it is vital that a potential buyer can properly estimate the rental income on the property. Monthly expenses need to be considered along with potential vacancies, property management expenses, and property repairs or updates. With an inaccurate estimate, it is likely that the buyer will overpay for the property and not receive a proper return on their investment.
Buying abandoned property can be a successful investment for those with the means to invest time, money, and energy into the property. However, the hardest part can be finding the owner and claiming the property! Once that is done, the next hurdle is finding out how damaged the property is and whether it can be repaired for a reasonable price.