In the dynamic world of real estate investing, understanding the After Repair Value (ARV) is crucial. You need to know it to maximize your profit potential and make informed decisions. ARV–the estimated value of a property after all renovations and repairs are completed–serves as a cornerstone for investors to evaluate their investments’ profitability. This concept […]
Category Archives: Property Management in Leesburg
05
Feb
Feb
Real estate can be a lucrative industry, but it comes with technicalities that require attention. One of the benefits of this option is that you can rent while saving to buy the same apartment. It’s a unique combination of renting and owning the property. But how different is this arrangement? And can a landlord break […]
08
Jan
Jan
If you need extra income, renting out a spare room can be a great solution. However, it’s not as simple as it looks. There are several things you need to consider before moving forward, especially since the tenant will be sharing your home. By renting out a room, you can help cover your mortgage, property […]
11
Dec
Dec
As a landlord, finding ways to boost rental revenue is always a top priority. Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply […]
11
Nov
Nov
Are you looking to invest in real estate with minimal effort? Perhaps you’re an out-of-town landlord or want something simple for your first investment. Turnkey rental properties might be the perfect investment for you! Today, we explore how to buy a turnkey rental property, the pros and cons, and whether or not it’s a good […]
12
Oct
Oct
Communicating with tenants is crucial to running a rental business. Whether sending monthly rent reminders or following up on a maintenance issue, it’s important to have a secure way to contact your tenants. Today, we’re discussing the best tenant communication tools in 2024 and how they can benefit your rental business. Contents of This Article: […]
18
Sep
Sep
Whether you’re a real estate investor or purchasing a home for your family, you know how important the mortgage process is. Mortgage Professional Month recognizes the hard work that mortgage professionals do daily to help individuals and families achieve homeownership or add properties to their portfolios. Read along as we discuss the importance of this […]
23
Aug
Aug
For every great landlord, there are infinitely more horrible ones. Thus, tenants must be vigilant when selecting their next rental home. While location, size, price, and amenities are significant aspects to searching for the right place, tenants are not just renting a home; they are entering a long-term relationship with the landlord. So, it is […]
27
Jul
Jul
Tenant screening is a crucial part of choosing the right person for your rental property. However, it doesn’t always catch everything. For instance, a person with a hoarding disorder may seem like the average renter. However, when you enter their apartment for an inspection, you may be shocked at how many items they’ve kept piling […]
10
Jul
Jul
When you own a rental property for a long time, there may come a time when you need to consider renovations. Whether the property becomes outdated or you come across safety concerns, small yet valuable renovations can help increase the value of your property and your cash flow. Today, we’ll go over six property […]