Managing homeowners’ associations takes a lot of work from the board of directors, HOA managers, and community members. It takes a village to ensure a harmonious community, and HOA managers play a large part in keeping things running smoothly. Today, we’ll go over what an HOA manager does, the essential skills they need, and how […]
04
Jan
Jan
Lease agreements are legally binding contracts between landlords and tenants, typically lasting anywhere from six to twelve months, depending on the agreed-upon terms. This means a tenant is legally responsible for living in and caring for their rental property for the entire lease duration. However, that’s not realistic for all tenants. Sometimes, situations arise where […]
03
Jan
Jan
Most people know someone who either owns an Airbnb or has stayed in one while traveling for work or vacation. While they’re a popular alternative to hotels, most investors get caught up in other people’s success stories without realizing it may not be the same for them. In the video below, we’ll be reviewing the […]
03
Jan
Jan
Selling a home is more than just putting up a “For Sale” sign. It’s about crafting a deal that buyers can’t resist. But what is a mortgage buydown, and how can it give your property an edge? This clever strategy makes your listing stand out and helps ease buyers’ financial concerns. In turn, it can […]
02
Jan
Jan
Owning a rental property is, more often than not, a lucrative business. That is, after all, why so many Maryland landlords continue financing rental properties. However, as a landlord, you will never escape routine maintenance repair bills, and as many come to find out, some rental property repairs leave a larger hole in your pocket than expected. […]
01
Jan
Jan
The goal of every real estate investor is to make money! That said, tracking and evaluating that investment is critical to success. Property management firms and landlords alike turn to rent rolls as a means to do just that. So, what is a rent roll, and how will it help property owners drill down into […]
29
Dec
Dec
Homeowner’s associations have several rules and regulations that both board members and homeowners must follow. It’s important for all parties involved to understand these rules and comply with them while living in an HOA community. Today, we’ll go over who regulates HOA laws, common laws for community members to follow, and tips for enforcing HOA […]
28
Dec
Dec
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]
27
Dec
Dec
Real estate auctions can be an excellent way for investors to buy fixer-uppers or foreclosed homes and turn them into investment properties. While live auctions have been around for years, online platforms are becoming increasingly popular for buying real estate. In the video below, we discuss the basics of real estate auctions, how they’ve evolved […]
26
Dec
Dec
Now more than ever, individuals are concerned with economic security. Investing in rental properties has the potential to be quite lucrative, but only if done the right way. That said, successful landlords often share the same traits and business practices that help them achieve their financial goals. Property management takes time, effort, preparedness, and solid […]