Financially speaking, for the rental property to be really profitable, the return you reap should be greater than what you could earn in conservative investments, such as bonds and dividend-paying blue-chip stocks, because of the real risks involved. And on the human side, not everyone has th...
Property of any kind can represent a great asset for your business. As time goes by, your premises are likely to grow in value – particularly if you maintain them well and develop or extend them. What’s more, if you decide to vacate and move to a different location or close down com...
Owning a home means you’re the boss, especially if you’re not subject to the rules of a homeowners association. You can repaint the exterior and interior, upgrade the appliances, remodel, add a pool — you name it. Buying a home gives you autonomy to make changes to your property. Mo...
1. Co-owning a house after divorce refers to the situation where both ex-spouses hold joint ownership of a property they acquired during their marriage, even after getting divorced. 2. In some cases, a divorcing couple may choose to co-own a home for financial or practical reasons. For ex...
My name is Idan from Los Angeles and my question for you is, if I’m purchasing a rental property in a good growing area, area that should appreciate very well… For example, in North Carolina, I have a few neighborhoods that I know that they’re very good. If I’m purchasing a ...
Improved rental prospects:Environmentally conscious renters may bemore likely to sign a leaseif the home is LEED certified. Cons Upfront costs:Between registration, certification, construction and design costs, the expenses associated with LEED certification can potentially add up. ...
When purchasing a property, the responsibilities may be more than anticipated. Learn what property management is, and the pros and cons of the service.
6 Ways To Finance a Mother-in-Law Suite Building amother-in-law suitecan be expensive. As you weigh your financing options, consider whether you plan to offset some of your costs by renting out the unit, either as a long-term rental or using a short-termrental service such as Airbnb....
Builder's risk insurance covers the property and materials during a renovation. Learn how much builder’s risk insurance costs, what it covers, and more.
If managing your property sounds overwhelming or you simply don’t have the time, you may want to consider hiring a property manager to help take on the burden. While this will cut into your rental income, the added convenience and peace of mind may be worth the price. ...