Buying Your Dream Home
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When you are thinking about buying a piece of property, it is important to have surveyors check it out. You may be surprised at what the surveyors find. These professionals spot stuff about a property that no one else would see unless they knew what to look for. Spotting the following features may even help you decide if you actually want to purchase the property.
Water Underground
There are certain features on a piece of land that will tell you if you have an aquifer underground. Read More»
When you started looking at homes to buy, you may have been more than comfortable with buying an older property. This may have led to living in a home with outdated features. You may have upgraded some features when they were in desperate need of replacement. If you want to sell the home, you will have to decide what approach to take with selling an outdated home.
One option is to go through a major remodel to get rid of the outdated feel. Read More»
A property management company makes your life as a landlord a lot easier. They handle much of the work related to maintaining your properties and dealing with tenants. This frees you to hunt for new properties to buy or just focus on your regular job. Here are reasons to use a property management company and how they can help.
Why You Might Want A Property Management Company
If you don’t live near your rental properties, then caring for them is difficult. Read More»
As a property manager of a residential building, it’s ideal whenever you have a chance to raise the rent. Provided that this increase doesn’t cause your tenants to move out, upping the rent can mean more revenue and ideally pay for any upcoming renovations that you have planned. Unfortunately, there can often be times that you need to lower the rent, too. If you’re having trouble keeping the building’s units occupied, lower rent may entice more people looking for housing to check out your location. Read More»
Whether it is your first home, an investment property, or a home you hope to retire in, a house is a large investment. Unfortunately, certain homes may look appealing even though there are underlying issues you may not realize. When it comes time to start the process of searching for your new home, here are a few red flags you need to beware of.
Foul Odor/Excessive Fragrance
Everyone’s home will smell a certain way due to the different people living in it. Read More»
Buying a house during a time when the real estate market is booming often makes it harder for people to land good deals on homes. During these times, it can also be harder for a person to even buy a house, simply because so many people are buying at the time. If you want a seller to accept your offer, you may want to add an escalation clause on the purchase offer agreement you write up. Read More»
Your mother-in-law’s decision to move into your house was not made lightly. Now that the choice is made, you are ready to start your new lives together on a positive note that lets everyone feel good about the new arrangements. While leaving her current home behind may generate some challenging emotions, you can use these tips to help her understand that her big move represents an opportunity for everyone to form tighter bonds as a family. Read More»
Managing real estate can be an exciting and rewarding position, but it is not without its drawbacks, especially when handling tenant “emergencies”. While one person may panic over a minor maintenance issue, another won’t even report it to you, making it necessary for you to formulate and implement a concise plan for emergency property maintenance.
When Tenants Should Call Your 24-Hour Emergency Property Maintenance Number
Whether they reach an outsourced answering service or have a direct number to your maintenance personnel, tenants should feel protected by your emergency policy. Read More»
Unless you will be going on your next vacation alone or with a partner, you should consider renting a vacation home instead of going to a hotel. If you’re alone or with one other person, a hotel can give you enough space and the amenities you need to make your vacation special. However, a family, group, or multiple families together would benefit from going to a vacation home and here are just a few reasons why. Read More»
Once you own your home for a while, it is natural to start thinking about how to take your real estate investing to the next level. Buying your first rental property is often a very savvy financial move since becoming a landlord is a way to build both short-term income and long-term equity. Here are a few tips to keep in mind when searching for your first rental real estate property. Read More»
