Archive for February 2023
Tips For Buying Your First Rental Property In 2023
Are you planning on buying your first rental property? If so, you’ve come to the right place! Rental properties have continued to produce ROI for investors in recent years and passive monthly cash flow compared to stocks and Bitcoin. The great news is that there are lots of great deals out there right now with…Read More
Manufactured homes? Should you add one to your portfolio?
The popularity of manufactured (mobile) homes has been on the rise over the past several years, spurred partly by highly competitive traditional housing markets, overall interest in smaller homes, and the search for more affordable housing. But what about adding this type of home to your real estate investment portfolio as a single home or in a mobile home…Read More
What is a 1031 Exchange?
For lifelong real estate investors, the 1031 exchange can be the trick to help them save on taxes and build significantly more wealth. This post is the road map to making this happen. What is a 1031 Exchange? If a landlord decides to sell a rental property at some point, they will need to pay taxes on…Read More
What is a late notice? How do you write one?
Writing a late rent notice is an unavoidable part of being a landlord. The notice of a late rent payment has three purposes. First, it reminds the tenant to pay the overdue rent promptly, informs about late fees, and then warns the tenant of the consequences of nonpayment. However, a late rent letter has a…Read More
Why rental properties are still a good investment
One of the most valuable tools rental property investors have in the U.S. is the 30-year fixed-rate mortgage. Surprisingly, this style of mortgage is very much an outlier compared to what’s typically offered in other countries. Most countries tend to offer adjustable, variable, flexible, or renegotiable rate mortgages, all of which pose an inherent risk…Read More
Five Tips for Creating an Eye-Catching Landscape for Your Rental
Are you looking to create an eye-catching landscape for your rental property? With the right plan and a bit of creativity, you can transform your outdoor space into a stunning landscape that will be the envy of your neighborhood. From selecting the right plants to creating a functional outdoor living space, here are five tips…Read More
Pros and Cons of Investing in a Condo or Townhome
Investing in a condo or townhome is an appealing option for those looking for a low-maintenance living situation, but there are pros and cons to consider before making the decision. With the ease of condo or townhome living, you’ll be able to enjoy a close proximity to amenities and a more urban living experience, but…Read More