As the COVID-19 pandemic began to wreak havoc on the American economy and millions lost jobs while businesses closed, real estate industry observers expected rental rates to plummet in key cities across the country. So far, this prediction has come true, although not everywhere. The overall rental rate picture is somewhat complex. In general, rentalContinue reading “Plunging Rental Rates and Where They’re Happening in the U.S.”
Category Archives: Uncategorized
Financing a Rental Property
Rental property carries with it the certainty of a continuous and stable income source for years to come. Like any other lucrative investment or business venture, the rental property requires funding to establish it. The advantage is that there are several viable financing options for you to choose from, depending on the terms and conditionsContinue reading “Financing a Rental Property”
Investing in Real Estate without Home Buying
In the past, buying property was the only way to invest in real estate, but evolving technology has opened new methods that don’t require financing a property purchase. Today, there are many different ways to take advantage of lucrative real estate investing opportunities. Here are a few ways you can get started. Buy Real EstateContinue reading “Investing in Real Estate without Home Buying”
True Rent Vs. Buy Cost
When people start thinking about buying a home, one of their first questions is often, “is renting or buying a house cheaper?” There are several factors that go into this calculation. Understanding how the true cost of renting vs buying works will help people make the right choice for their family. The True Costs AssociatedContinue reading “True Rent Vs. Buy Cost”
Handling Tenant & Owner Funds
One large task of a property manager is handling funds. This involves making informed decisions about all aspects of the property, which goes past physical assets. Property managers are in charge of things like rental income, security deposits, reserve funds, and writing checks on the owner’s behalf. Payment Schedule The property manager is in chargeContinue reading “Handling Tenant & Owner Funds”
Covering Your Property Insurance
High rise buildings provide a lifestyle that many seek because of the benefits. These benefits include a safe place to live, pools, great views, and an elite lifestyle. Just like the many reasons that people love to live in high rises, there are many requirements to insuring a high rise property as well. Know YourContinue reading “Covering Your Property Insurance”
The Basics of Property Management
Many real estate investors are looking for professional management companies to help them with the day to day operation of their properties. This is because there are time-consuming processes that are included in the management of rental companies and property owners may not have the time to deal with them. Here are a few thingsContinue reading “The Basics of Property Management”
What to Consider as a Home-Based Worker When Renting
The pandemic has shut the doors of corporate buildings; people are working from home. This trend will continue either out of choice or as a necessity. Annually, 10% of people move from one house to another in the US. Most of these young people shift either for business or personal reasons. Formal workplaces are notContinue reading “What to Consider as a Home-Based Worker When Renting”
Why Slashing Property Prices in California is the Solution for Making More Sales
Asking price for most home sellers is reducing at an alarming rate. Many sellers have to reduce their prices to ensure they remain in the market and the property off their hands. When companies are laying off workers and filing for bankruptcy, it is a no-brainer why the prices are plummeting. San Francisco, California, hasContinue reading “Why Slashing Property Prices in California is the Solution for Making More Sales”
What is the Future of Corporate Building Investment
The year 2020 has recorded a decline in the value of the real estate industry for the first time in two decades. This drop is due to the shift towards remote working by various companies in the USA. These efforts towards curbing the spread of the Coronavirus, are predicted, to last for the whole year.Continue reading “What is the Future of Corporate Building Investment”