It's a nervous time for homeowners. Recent data has shown property values have fallen by as much as 10%, and rising interest rates will increase mortgage costs.That could make attracting tenants more difficult when the housing market is complex and unpredictable.How...
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Is Outsourcing Your Tenant Screening Process a Good Idea?
By Cassie Parker Tuesday, August 30, 2022
The Census Bureau recorded nearly 20 million rental properties in the United States. Each of these properties is filled with tenants that property owners and property managers rely on to turn a profit. You can reduce your financial risks when you implement a robust tenant sc...
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How to Choose Property Management Services: What You Need to Know
By Cassie Parker Tuesday, August 23, 2022
Investing in real estate will always be a top choice for long-term investors. Real estate has proven to be a reliable source of passive income and one of the best ways to grow your wealth over time. However, if you're not careful, real estate can also be a huge money pit.One ...
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5 Common Property Management Mistakes and How to Avoid Them
By Cassie Parker Thursday, August 18, 2022
The number of property management businesses grows about 3.5% each year in the US. Rental properties are becoming more popular, especially as the current generation continues to delay the time in which they settle down. And with more rental properties comes the need for more...
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How to Keep Good Tenants in Your Investment Property?
By Cassie Parker Wednesday, August 10, 2022
Landlords evict more than 1.64 million tenants each year for failing to pay their rent. Good tenants always pay their rent on time, which is why you should focus on finding and keeping the good ones.A good tenant also cares for their rental unit and doesn't start problems wit...
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Various circumstances can make you an accidental landlord. This includes inheriting a property, working abroad, and renting while you’re away, or renting out your home because you’re unable to sell it.About half of single-property landlords initially purchased their p...
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How Much Money Do You Need To Be A Real Estate Investor?
By Cassie Parker Wednesday, July 20, 2022
Did you know that landlords can earn an income around 45% higher than the average household in the United States?There are around 10 million landlords in the United States that earn a stable and passive income solely from rent collection. While the property market has fluctuated ...
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Renters make up about 36% of the population today. These rental properties serve both as homes and investment opportunities. If you're trying to build your streams of income, putting up homes for rent is one of the best ways to do it. Perhaps you're considering wheth...
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A Beginner’s to Conducting a Tenant Criminal Background Check
By Cassie Parker Tuesday, July 5, 2022
When you invest in rental properties, the only thing on your mind is finding tenants to move in. However, before you allow people to move in, you need to take some time to perform a tenant criminal background check.The background check will let you know if there's anything in...
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5 Things to Know About Turnkey Property Management
By Cassie Parker Wednesday, June 29, 2022
Virginia's population is expected to grow by about 1 million people by 2030. With a strong renter’s market and increasing rent prices, owning rental property is a great source of passive income. But, getting a property ready to rent and then managing it can take a lot o...
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