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If you are going to get involved in investment properties, there’s a lot to think about. Investors need to think about what properties will generate high cash flow and equity. Focus your attention on affordability, growing population, high job growth, etc. Real Estate Property Trends Many real estate investors will steer clear of skyrocketing housing prices. When thinking
As a property manager, repairs to your rental properties are bound to happen; usually occurring at the worst time imaginable. Those same repairs more than likely will be very costly as well. Some of the costs consist of contractor fees, parts, replacements, etc. Although tenants may not be the fault of these repairs, making sure they know what to look
Why to Consider Cash for Keys You have a tenant who is nothing but trouble and you need to get them out; it’s bound to happen to any property owner/manager. Most owners are familiar with the process of eviction and the legal aspects that come along with it. What if there was actually a less intensive, more viable of
What is a Rental Property? A rental property is a property bought or built with the intention of making money off of it. Profit is made through holding the property and renting it out with a later intent of selling the property after the value of the property has risen thanks to appreciation. Rental properties can consist of any
If you have a property located close to the local college or university, you could be missing out on a prime rental opportunity. Millions of students each and every year are in search for housing. In a study done by College Board, the percentage of students who live off campus is around 44%. That number definitely varies though as some
As we wrap this year up and head into 2020, it’s a known fact that the need for multifamily housing is incredibly strong and there is an increasingly growing desire for renting as opposed to standard homeownership. So what does that mean for you? In property management, it is important that you understand and accommodate your renters and their wants.
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