Buying a home is a dream that many people have. However, it’s no easy feat. It takes a ton of time, money, and consideration to successfully buy a home for the first time. That said, without the proper planning, there’s plenty of room for mistakes throughout the process. Today, we’ll review some of the most […]
Monthly Archives: February 2024
28
Feb
Feb
When you live in a rental property, respecting and caring for the owner’s space is important. After all, you don’t own the home, so treating it with respect is vital. That said, when you live in a property for an extended period of time, it’s bound to receive some normal wear and tear. However, there’s […]
27
Feb
Feb
Did you know that the country’s rent index increased at an annualized rate of 3.6% in 2017? At the time, that was a significant increase compared to previous years. However, since then, we’ve seen even larger increases. From 2021 to 2022, we saw average rents increase by 14.07%, one of the largest increases since 2017. […]
23
Feb
Feb
There are several ways to pay rent, whether you bring a check to your landlord or pay online using a debit or credit card. That said, there are pros and cons to each method. Seeing your landlord or property manager in person and handing them a check for your rent payment can make you feel […]
22
Feb
Feb
If you find that your tenant has a long-term guest or unofficial roommate, what can you do? If they’re honest about the situation and the new roommate isn’t causing harm to the property, you may add them to the current lease. Today, we’ll review how to add a tenant to an existing lease and why […]
21
Feb
Feb
Some landlords own one or two properties and are able to manage them seamlessly without putting too much time and effort into it. They may even also have full-time jobs in which they put most of their focus. However, landlords with several rental properties may find focusing on anything besides property management challenging. In the […]
20
Feb
Feb
It is always a landlord’s goal to find the “perfect tenant” to occupy their rental home. While performing thorough screenings of potential tenants that include background and credit checks, employment and income verifications, and even communication with previous landlords, income property owners must be careful that they avoid housing discrimination when it comes to placing […]
19
Feb
Feb
Buying houses to rent is a big decision for investors, especially if you’re new to rental property investing. There’s a lot to consider, like where you’re going to buy property, how you’ll finance the property, and how you’ll run your rental business. One aspect to consider is buying properties in HOA communities–which is becoming more […]
16
Feb
Feb
Tenant screening is one of the most critical steps in the rental process. Without a good tenant screening procedure, you can easily end up with unqualified tenants who can’t pay rent on time or leave your property damaged beyond repair. Unfortunately, evicting such tenants takes more time, money, and effort than it’s worth. So, why […]
14
Feb
Feb
If you’re an investor or aspiring homebuyer, you know that mortgage rates have been quite unfavorable over the past few years. Luckily, after peaking at nearly 8% in October 2023, we’ve started to see rates slowly cool down. However, that doesn’t necessarily mean they’ll continue to drop. In the video below, we’ll go over the […]
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