Although nobody likes to dwell on it, the reality is that accidents and illness can – and do – occur. So, as the owner of rental real estate investments, what will happen to your property(ies) if you pass away? There are many questions that may come to mind when determining how to transfer real [...]
Because real estate is a tangible asset, its value is often thought to be more stable than investments in the volatile – and often unpredictable – stock market. But even so, stock market movements can still have an impact on real estate and the housing market, including residential rental properties. For instance, if the [...]
While owning rental real estate can allow you to build wealth and generate income, it can also be an expensive endeavor if you go into it without being aware of the costs, potential risks, and income opportunities. Therefore, if you are just starting out, it is important that you have an in-depth understanding of [...]
Most successful business owners follow certain habits or routines. That’s because doing so can allow them to focus on their goals, and to keep them on track – regardless of what other distractions come their way and attempt to derail them. Whether you own one rental property or dozens, it is essential that you [...]
When you are determining the amount of rent to charge your tenants on residential rental property, there are several factors to consider. These include the location of the property, as well as the size of the property, amenities it offers, and what other similar properties in the area are charging. Some investors also use [...]