Property Management News

Get Ready for a Winning Open House

Photo Credit: Pexels Whether you are selling your house on your own, or you are using a professional but want to have a hand in the process, a successful open house involves planning, preparation, and marketing. An open house is your best opportunity to highlight the selling points of your home, but if you drop the ball in preparation, it can be a chance to scare away buyers. Here are some tips on how to plan, prepare, and execute the best open house possible. If you don’t have a plan, you won’t know where to begin In today’s real estate market, you must have a defined marketing plan for your home. Everything from the minimum price you’ll accept, to your future moving needs, should... Read more

Back in 2012, house flipping seemed like the perfect opportunity for a person with extra cash and an eye for remodeling. The market was flush with homes left vacant...

Many children in the U.S. head back to school this week, and it’s likely their parents paid a premium if their drop-off is only a few short blocks away. It costs...

“The single-family rental market is very healthy right now,” according to one analyst. “One of the barriers to entry is just having the people,...

Airbnb could be your key to financial freedom — but if you want to be successful renting out a room or a second home to travelers, you’d better offer all...

Lower-Income Renters Pay Almost 2/3 of Their...

Mortgage affordability – the share of median household income needed to afford a typical U.S. home – reached 17.5 percent in the second quarter 2018, higher than it’s been in nine years, but well below the historical average of 21.2 percent. Lower-income renters paid a staggering 62.7 percent of their income for the most affordable third of rentals nationally in the second quarter 2017. In 17 of the country’s largest 35 metro areas, the ratio is even higher. More than half of renting households in 12 of the 35 largest metro areas spend more than 30 percent of their incomes on rent. The share of income needed to afford housing continues to climb, driven largely by the fact that... Read more

Q: My family moved out of our rental home in Eden Prairie three weeks ago, after having lived there for seven years and eight months. Our landlord just sent me a...

Is the U.S. rental market helping to increase inequality? More and more, Americans are turning to renting out of necessity, as the first rung of the property ladder is...

Virtually all CPAs, tax attorneys and other tax professionals will bring the Principal Residence Exclusion under Section 121 of the IRC to the attention of their clients...

Fannie Mae and Freddie Mac, the government-sponsored enterprises that help lubricate the U.S. mortgage market, will stop backing loans for single-family investment homes...