Property Management News
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 provide a cautionary tale about overextending yourself financially or making other rookie flipping mistakes, but the vast majority end up with a profit of $30,000, $60,000, or $100,000+ in profit for a couple of months (or a couple of days, in the case of one new flipping show). Enticing, right? If you’re getting ready to plunk down cash for your own flip, here are a few things you need to think about. 1. Make sure you’ve got the money Sounds obvious, but…do you really know the financial stakes involved?... Read more
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...
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 that living near a Target or Walmart could have on home prices. For its study, RealtyTrac analyzed home values, appreciation, and property taxes in ZIP codes with a Walmart or a Target. Home owners living near a Target tended to see a greater home value appreciation than home owners living near a Walmart. However, home owners near Target also pay more and have higher property taxes, on average, too. Homes near Target stores that sold in 2015 averaged a 27 percent price increase since the sellers purchased them, with an... Read more
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....
For the last five to six years, the number of foreclosures has been steadily declining since hitting a peak. December 2015’s total of 32,000 completed foreclosures...
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry. As rent prices continue to rise and a growing number of...
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