Most people know that utility costs are higher than normal in the United States. In 2023, electricity rates reached an all-time high, driven by inflation, rising energy demands, fuel price volatility, and extreme weather. Not only does the rise in utilities impact property owners, but it can also impact renters who are responsible for paying […]
Monthly Archives: October 2024
30
Oct
Oct
Have you ever thought about selling your rental property through a rent-to-own agreement? A rent-to-own agreement allows a tenant to put their monthly rent payments toward the final purchase of the rental home. After an agreed-upon amount of time, the renter can then purchase the home for the price stated in the agreement. Would you […]
29
Oct
Oct
Insulation is vital to any building, whether it’s a home or a commercial structure. It helps regulate the temperature inside a building, keeping it warm in the winter and cool in the summer. That said, one of the key benefits of insulating your property is saving money on energy costs. Today, we’ll review how insulation […]
28
Oct
Oct
Deciding which rental property to invest in takes a lot of consideration. The purchase price, location, nearby amenities, and curb appeal are just some of the things to think about. But have you ever considered buying a fixer-upper rental property? People love to buy fixer-upper rental properties, and there are plenty of advantages to doing […]
25
Oct
Oct
Winter is right around the corner, and it’ll be here quicker than you know! Now’s the time to prepare your rental for the winter season. There are several things you can do to keep your property and tenants safe and comfortable throughout the cold, snow, and ice. Read along to learn more about how to […]
24
Oct
Oct
Installing security cameras is a great way to keep your tenants and your rental property safe. However, even though it’s technically your property, you can’t just put them anywhere. There are laws regarding security cameras in rentals that owners must follow. Today, we’re reviewing what you should know about installing security systems in your rental […]
23
Oct
Oct
PropTech, or property technology, is the use of digital technology in real estate. We all know how much technology has changed everyone’s day-to-day life, but how is it changing the real estate industry? Today, we’re reviewing what PropTech is, the history of PropTech, and how it’s changing the industry. Read along to learn more! Contents […]
22
Oct
Oct
Can you amend HOA rules and regulations? Every HOA has bylaws and covenants that dictate how it is run and the responsibilities and obligations of the HOA and homeowners who live there. While board members lead and enforce, that doesn’t necessarily give them the power to amend HOA rules and regulations. Today, we’re going over […]
21
Oct
Oct
Thorough tenant screening of all prospective tenants is critical to the success of your rental property business. If you place the wrong tenant in your property, you could face enormous financial loss, damage, and even the collapse of your rental property business altogether. Today, we’re reviewing six red flags to look for in the tenant […]
19
Oct
Oct
Maintenance and repairs are vital to owning a successful rental property. However, when you own more than one rental, fulfilling every tenant’s request for maintenance can be challenging, and it may lead to delays. If you experience tenant complaints due to maintenance delays, knowing how to handle them is important. Today, we’ll discuss some common […]