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 […]
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 […]
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 […]
As a landlord, it’s essential you put the work in to look after your property. Even if your tenant is a perfect angel, it’s always a good idea to check around prevent problems that could arise down the road. A presence as a landlord also encourages your tenant to better take care of the property. If you show that you care about the upkeep of the home or apartment, it’s more likely that they will […]
The research is in. Investing in real estate generates more wealth than any other investment option. Want to build your net worth without wasting valuable time or risking traumatic monetary losses? If so, multi-family real estate may be the perfect investment option for you. Let’s get into the top benefits. 1. Scalability All successful business owners understand the undeniable importance of scalability. While it may seem like a safer bet to invest in a single property, this […]
