A new job or a desire to move to a new house can create a tough decision: Should I sell my house or rent it out? Here's what to consider.
A resident benefit package is a grouping of additional benefits beyond the scope of most rental properties that can serve to make life as a resident more enjoyable and ensure that you offer exceptional service to your residents. Traditionally these were designed for luxury rental properties that o...
property maintenance (both routine maintenance and larger repairs), HOA fees, taxes, and so on. After paying all of those expenses, you’ll want to make an additional amount in profit. This compensates you for your time and allows you to invest in other rental properties, if you choose...
If you’re planning on investing in rental property in several states, it can make sense to shop around for the best state to form an LLC in. When you create an LLC outside of the state you live in, the LLC is considered to be a “foreign” LLC and you’ll be required to have ...
Sales Price ÷ Rental Income = Gross Income Multiplier Recent sales and rental data from at least three similar properties can be used to establish an accurate GIM. The GIM can then be applied to the estimated fair market rental of the subject property to determine its market value, which can...
“I’ve seen both sides of the industry. When I go home to my kids and my wife, I want to sleep with peace of mind that, ‘You know what? I really did take care of this person. I did the right thing.’ I’m a firm believer in (the Golden Rule) ‘Do unto others as you ...
second home to rent, you should consider the time and effort that goes into being a landlord and whether that’s truly a job you want to take on. Also, make sure your desired area isn’t in a location with local laws limiting short-term rental properties, like Airbnb-style rental ...
Sell Your House Fast to iBuyers? Right off the bat, there are what are known asinstant home buyers. Companies such asRedfin, Offerpad, and Opendooruse computer algorithms to generate a fast cash offer, perhaps within one day. That’s quick!
Whether you're aiming for South Beach or the Panhandle, there are a few things you should know before making Florida your new home.
Don't worry about what to say once you get Chase on the phone – even though this card is no longer available, you don't need to use a secret password or any special phrasing to begin the upgrade process. Something as simple as, “I really like my current Marriott Card but recently ...