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Property Management Blog

Tuesday, July 24, 2018

The Pros and Cons of Investing in Real Estate with a Partner
Property Management Blog
Investing with a partner in real estate, especially residential properties, can often be appealing as a business venture due to the inherent benefits, like mitigation of risk and shared responsibilities.But proceed with caution. Real estate investing partnerships are like any other business undertaking, and should be treated as such. This...

Tuesday, July 24, 2018

Money Pit or Money Maker? How to Invest in the Right Property
Property Management Blog
Forget what you know from HGTV. When it comes to investing in the housing market, things tend to look less like Property Brothers and more like you pulling the hair out of your head. The difference here is in expertise and resources that can help a buyer separate the money makers from the money pits.Plan a Budget Before Looking....

Tuesday, July 24, 2018

Renters May Actually Be Choosers
Property Management Blog
Conventional wisdom has long suggested that renters rent because they can’t afford to buy homes. But Zillow has posed the question of whether renters are renting out of necessity or choice.Zillow’s latest look into homeownership rates found that almost 14 percent of renters are qualified to buy the median property in their mar...

Thursday, June 21, 2018

Tax Rules For Renting To A Relative
Property Management Blog
AARP calls young adults moving back in with their parents “the new normal.” Although the U.S. economy has come a long way since the financial crisis, more young adults in this country are living with their parents than at any time since 1940. Some return home after being on their own for a while, some never left at all.Recentl...

Thursday, June 21, 2018

More Renters Sour on Homeownership, Some Blame Student Debt
Property Management Blog
As home prices and rents continue to rise, confidence in the housing market is starting to wane. It is showing up in weaker traffic at open houses and less interest in taking on a mortgage as some worry about their student debt loads.The numbers are dropping, and a new survey from the National Association of Realtors only adds fodder to t...

Thursday, June 21, 2018

The Master Bathroom is the New Master Bedroom
Property Management Blog
For Rob and Elizabeth Yingling of Fairfax, Va., the 10 years it took for their master bathroom to become a showpiece in their home was worth it.Last year, the couple took a sledgehammer to their master bathroom’s 1950s-era hot pink fixtures and walls that seemed fit for Barbara Eden in “I Dream of Jeannie.”For their...

Wednesday, May 23, 2018

Renters Are Earning More, And That Means Landlords Are Too
Property Management Blog
A popular narrative of the U.S. housing market has been that big city prices are locking out young buyers, feeding a cycle in which a growing number of people are forced to rent at ever higher rates as demand overwhelms supply. Throw in the fact that wages haven’t kept pace, and you have a wor...

Wednesday, May 23, 2018

How to Rent Out Your House and Make Bank
Property Management Blog
How to Rent Out Your House and Make BankThere are many reasons you might be one of the many homeowners wondering how to rent out your house: Maybe you’ve tried to sell your home but the market’s too sluggish, or you’re moving to a new area but want to hold on to your old property and rake in some income on the side.Whate...

Wednesday, May 23, 2018

Three Simple Landlord "Mistakes" That Could Send You To Prison
Property Management Blog
Do you look good in orange?How about an orange, one-piece jumpsuit?I recently watched the entire first series of "Orange is the New Black" on Netflix, and although it was an entertaining look at life inside prison, it also made me realize how much I really don't want to end up there. Frankly, I like my freedom and personal s...

Wednesday, May 23, 2018

Landlords and the Fight with Short-Term Rentals
Property Management Blog
Welcome to the sharing economy. After years of corporations dominating markets, people have now found a way to tap into these markets without having to invest millions. One company that helps people make money from the sharing economy is the short-term rentals agency, Airbnb.Founded in 2008, Airbnb allows people to list their homes as sho...