With competition cooling in the housing market and buyers wary to give the green light to purchase, it’s not a seller’s market right now. Economic uncertainty is the likely culprit and is predicted to continue through the 2020 election. Meanwhile, the single-family rental continues to be the growth darling of the housing industry. Even home builders are getting in on …
7 Reasons You Should Hire a Rental Property Manager
The rental market in the U.S. is thriving. It’s accelerated steadily from fall 2018 into summer 2019. It’s up in 49 of 50 top markets with an annual 3 percent increase in the rental price. The upswing is attributed to low supply and steady demand due to the generally good economic climate and demographics. This makes it a fantastic time to use your property to generate income. …
So Happy Together: How to Find the Perfect Tenant for Your Rental Property
The rental market in the U.S. has been on the rise over the past year with an increase of 3.1 percent in rental prices. This means it’s a great time for you to turn your property into an income property or keep it going if you already have.
5 Questions You Need to Ask Before Hiring a Property Management Company
Renting out a property can help you to achieve your dream of earning a passive income — but it’s also a ton of work. You need to market to and interview tenants, collect rent every month, handle maintenance tasks and issues, and, unfortunately, even mitigate conflicts with difficult renters. In addition to everything else you have to handle with your …
How to Turn Your Home into a Rental Property
If you’re having problems selling your old house, or if you’ve inherited one and you’re not sure what to do with it, consider renting it out. The promise of a consistent flow of cash from your tenants is just too good to pass up. However, converting your home into a rental property isn’t as easy as putting up a “for …
Becoming a Landlord? Here’s What to Know About the Colorado Landlord Tenant Law
If you’re thinking about becoming a landlord in Colorado, we know you want to do everything possible to ensure that you don’t run into any potential problems with your tenants. While conducting proper building inspections and performing timely maintenance within your building is essential if you want to keep your tenants happy, you also need to familiarize yourself with the …
Space for Rent: Learn the Benefits of Renting out Your Space
Renting out a home, an apartment complex, or any other kind of property is an excellent way to make some serious passive income. If you’re considering renting out one of your properties, you need to know exactly what to expect from the process, financially and otherwise. Yes, owning a rental property can help you to pad your income and dedicate …
Robust Job Markets Open Opportunities for Rental Property Investments
A significant number of previously unemployed Americans are finding jobs this first quarter of 2019, which means many of them will likely be looking for a place to stay near their office or workplace. If you own a rental property or have been meaning to buy one in the city, this is the perfect time to offer your property for …
Tenant Trouble: Best Practices in Dealing With a Difficult Renter
Every landlord, despite strict screening processes, will, at some point have to deal with a problem tenant. You might be frustrated that they’re weeks late on their rent. Your other renters might be complaining about weird smells or loud noises. Despite these annoyances, you should be rational when dealing with difficult tenants. Before you knock on their door, calm yourself …
Property Investment: Demand for Single-Family Rentals is at an All-Time High
Single-family rental homes make up about one-third of the 16 million rental properties in the US. The demand for such properties is at an all-time high, and it is not showing signs of slacking. It only makes sense to look into this potentially lucrative investment option. What Will You Get? Investing in a single-family rental property offers several advantages. One, …
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