Property Management News
Move over, Marriott. Hotels were once the default lodging option for travelers, but in recent years, demand has boomed for vacation rentals in private homes. And travelers aren’t the only ones who stand to benefit from this trend; homeowners who rent out their house can turn a handsome profit, especially during peak times like spring break. Just how much can homeowners pocket in popular areas? To find out, NerdWallet asked HomeAway, one of the largest facilitators of private for-rent properties, to provide data for its most in-demand U.S. spring break destinations, along with nightly rates during that time and year-round. A NerdWallet analysis found that in some spring break hot... Read more
An analysis of millions of credit reports comparing financial behavior patterns of those who currently rent and those who have a current mortgage revealed that tens of...
Turn on HGTV or any number of other channels almost anytime during the day or night and you’re bound to find at least a couple of shows about flipping houses. Some...
It’s tax season again. If you own a rental property, your tax strategy is more complex than for the home you live in. Here are some important tax tips for rental...
Having a rental property that’s attractive to college students is a good thing. By having a college-accessible rental property, you are guaranteeing a long line of...
No one said being a landlord would be easy, but the profit potential is such that plenty of people do it. The good news is that most landlords have a very easy, trouble free experience with their tenants, which allows them to reap the rewards of their investment. But that is not always the case, and so landlords need to know what they can do to attract a ‘good’ tenant, and also to spot the bad apples. 1. The landlord process begins with a thorough screening of tenants. Whom you allow to move into your property always makes a difference in how profitable your business will be. No landlord likes having a vacancy but allowing the wrong tenant to move in can be more costly than a vacancy.... Read more
Let’s face it, first impressions matter. We care about how we dress for a job interview, and we spent extra time in front of the mirror before that first date. When it...
Which superstore offers home owners the best returns on home prices? Target is more likely, a new study concludes. Real estate data firm RealtyTrac researched the effect...
It’s an excellent time to be a landlord. Amid a U.S. recovery that has been frustratingly slow for most folks, property owners’ share of the economic pie has...
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs....
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