A good rental property can be one of the best long-term investments in real estate. The right one can give you a steady income now and grow in value over time. If you self-manage your property, you might also benefit from tax breaks available to rental owners. Take note though that you must manage your […]
Tag Archives: rent
Seller Leaseback Agreements: What You Should Know
A seller leaseback, or rent-back, lets a home seller stay in the home as a renter after closing. It’s often used when sellers need extra time to move or find a new place. This option offers peace of mind—they don’t have to move until after the sale is final and funds are in the bank. […]
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 […]