Entries by Michael Hurley

3 Tips for Developing a Rental Property Investment Strategy in 2020

About 36% of millennials and 30% of baby boomers prefer to invest in real estate over stocks. They would instead invest their extra cash in long term rental property than put it into the stock market.  You, too, can successfully invest in real estate. The key to success is having a well thought out rental property investment strategy.  Try one of these three tips for creating your investment strategy for 2020.  1. Create a Five Year […]

5 Important Facts to Know Before Becoming a Rental Property Manager

You may be wondering if a career as a rental property manager is the one for you. It has a lot of ups and downs, but it can be an extremely lucrative venture for many people. Before deciding on whether or not it is the right path for you, there are things that you need to know. Having as much knowledge as possible about the actual job will help you make the right decision. Read […]

Is Owning Rental Property the Right Choice for Me?

Owning rental property is rewarding and builds your wealth. In 2016, 65% of Americans under 35 years of age were renting an apartment or home. That number is expected to grow over the coming years. But it’s not for the faint of heart. Before you start purchasing random properties to flip and rent, there are a few things to know about this industry. Owning rental property requires a little elbow grease, commitment, and knowledge. Here’s […]

4 Ways to Lower Your Property Management Cost

Property management does have its perks. One of those perks is not the cost. There are a ton of mistakes that many people make when they are first starting out that can drive the cost way up. Sure, you can try to make a budget but that doesn’t always go as planned if you don’t take care of your maintenance as you should. If you crack down and do your homework though, you can avoid […]

Picture Perfect: 5 Home Staging Tips to Bring in New Renters

Home sweet home is a rental for more U.S. residents than ever before! It’s never been a better time to become a property manager. If you’re trying to rent your property, home staging is the perfect way to showcase the space. Help potential renters fall in love with your property. Here are 5 home staging tips you need to know about! 1. Inspire them to Dream When you stage a rental, you’re doing much more than just making it […]