Whether you’re a seasoned landlord or just starting out, tenant screening is a crucial step to protect your investment. While checking credit scores is standard, there are many other factors to consider. This guide will walk you through the essentials, from credit history to rental references and beyond. What Makes a Great Tenant? Landlords often […]
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How Rising Interest Rates Affect Real Estate
Rising interest rates change the whole economy, and the real estate market feels it a lot. If you’re buying, selling, or investing in property, it’s important to know how these changes work. This article explains how rising interest rates affect real estate. Higher Mortgage Costs When interest rates go up, it costs more to borrow […]
Inflation in Real Estate Investing
Every aspect of the economy is impacted by inflation, which is the gradual increase in prices, and the real estate market is no different. Profitability for investors depends on their comprehension of how inflation affects real estate markets. Let’s examine how inflation affects real estate and the advantages for astute investors. How Inflation Affects Real […]
Annual Rent Increase: How Much Is Reasonable?
Owning a rental property comes with ongoing expenses like maintenance, property taxes, trash removal, landscaping, and possibly utilities. Over time, these costs rise. Property values and taxes increase, the $700 fridge you replaced last year now costs $775, and higher fuel prices mean your landscaper and trash service charge more. An annual rent increase is […]
ADUs: The Smart Investment You’ve Been Missing?
When selling your home, boosting its value is always a smart move. One popular way to increase property worth is by adding an ADU, which is an Accessory Dwelling Unit. An ADU is a secondary housing unit on the property, often called an in-law unit, granny flat, or tiny house. These additions can make your […]
Real Estate Myths Busted!
There are plenty of myths in real estate that can lead buyers and sellers to make decisions based on incorrect information. These misconceptions, from pricing strategies to the role of realtors, can cause confusion and hinder successful transactions. In this post, we’ll address some of the most common myths to help you understand the real […]
Buying Your First Home: A Guide
Buying your first home is a thrilling experience, but it can also feel overwhelming with all the details involved. From choosing the right property to securing financing, there are a lot of decisions to make. To help you feel more confident and prepared, it’s important to understand the key steps of the homebuying process. Here […]
Probate in Real Estate: How It Works
What Exactly is Probate? Probate is the legal process for determining how a deceased person’s personal belongings are distributed. Dividing assets like real estate often takes longer due to the complexities of researching property history. In the U.S., every local court has a division dedicated to assisting families and heirs with matters involving real property. […]
Perks of Pre-Purchasing a Flipped Property
Buying a flipped house comes with both perks and risks. One big advantage is that the renovations are already done for you, making it a hassle-free option—short of buying a brand-new home, which often comes with a higher price tag. However, not all flipped homes are created equal. Some buyers have moved into what seemed […]
Tough Sell Homes That Need a Second Look
Every property has its own story, and some stories are harder to tell than others. Certain properties can become real headaches for sellers, from homeowners to investors. High holding costs and fluctuating market values can turn a potential profit into a financial burden. Yet, these “tough sells” often conceal hidden opportunities. Why do investors take […]