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»