Reevaluating Rental Rates

  There are many factors that influence the right rental rate for a home. The value of the neighborhood and the home’s assessed property value may go up. Increased demand and increased maintenance costs factor into the rent you expect for a property. When...

Negotiating in a Crowded Market

  The real estate market is hot right now. This is good for sellers because they can list their home and have it sold within a few days or weeks. That being said, buyers are struggling with all of the competition. Many homes are getting multiple offers due to the...

Single-Family Home vs Duplex Repairs + Notice

Duplexes are multi-family homes with two units standing in one building. The duplex could either be a two-story building with one front yard, or the units could stand side by side, sharing a wall. On the other hand, a single-family home is built on a separate property...

Property Management + Tax Deductions

Why Property Management Fee Is a Tax-Deductible Expense When you own a rental property, the responsibilities include purchasing monthly rent and paying the required building expenses. You are also supposed to screen prospective tenants, maintain the property as per...

How Often Should You Visit Your Properties?

Inspecting your property is essential and a personal decision depending on the kind of property you are renting, the type of tenants you attract and the type of relationship you want to establish with your tenant. Property inspections will help you assess the...

Single-Family Home vs. Duplex

Investing in real estate is a great mechanism to diversify investments. Nonetheless, it is suitable for real estate investors to be familiar with managing different types of houses. Such information will help you make well-informed decisions and handle their...