Short term rental is a booming business right now, since Airbnb properties and short term rental vacation homes offer a more intimate, authentic experience to travelers than a big hotel would. However, just because you like a vacationing spot enough to buy a villa, boat, or condo there, it doesn’t necessarily mean you are acquainted with the rental market, local contractors and housekeepers, and the...
Investing in real estate is a smart way to use your money: properties tend to gain value over time, you can have a steady stream of passive income, and you can start earning even if you have not fully paid for the property. However, income from rental property is not entirely passive: you do have to put in some work to maximize your earnings, and this work is of a very specialized nature....
A property owner and their chosen property management company should work together like a partnership, in a win-win arrangement that keeps all parties satisfied. This can be achieved with clear communication, setting expectations, and negotiating fair property management fees. You want a property manager that's engaged and motivated to keep your property occupied, and who cares about maintaining the...
Gated communities, condo complexes, and other forms of collective housing have become increasingly popular because of the many perks they offer in terms of security and amenities. Homeowners' Associations, or HOAs, appeared in order to organize all of the various homeowners that live in a community, so that shared amenities can be purchased, installed and maintained, and also to set and enforce...
Investing in real estate is generally a very good idea, since it is easy to maintain or increase its value with time, and rentals are a very steady source of income for you. However, commercial property tends to have a larger scale and a requirement set that may take up too much time. This is when you might want to consider hiring commercial property management services - a good property management company...
Real estate is usually a very solid investment, but you may find it quite time-consuming after your second or third rental property: finding new tenants is time-consuming, and so is keeping them happy. New tenant screening, maintenance issues, repairs, upkeep… all of these tasks add up and can take a considerable amount of time....
Real estate investments are a sound way to make your money work and gain value in time, however, they also demand a lot of time and attention from you. The admin tasks are many: you have to vet prospective tenants and show the property, collect rent and deposits, resolve tenant issues and so much more - the paperwork adds up quickly the more properties you own, and some management help is always a good...
Have you ever rented a home? If so, you probably had to deal with a property manager, who showed you the place, helped you settle in, and kept in touch throughout your tenancy to solve problems and make you feel at home....
You’ve seen the signs that say For Sale by Owner. For experienced home sellers, the DIY route may work for them. For everyone else, working with an agent is more likely to get them the results they want....
You’ve seen the signs that say For Sale by Owner. For experienced home sellers, the DIY route may work for them. For everyone else, working with an agent is more likely to get them the results they want....