Real Estate Resources for Beginners
Real Estate Resources for Beginners
Owning a rental property comes with its unique challenges as well as opportunities. If you are a newbie investor looking to purchase their very first rental property or wanting to learn the best way to manage your current rental, check out these extensive resources.
Buying a rental property can be a great investment. It allows you to build wealth, leverage passive income, and enjoy a greater degree of financial freedom that you wouldn’t otherwise have. But it’s not for everyone, and it isn’t always…
Airbnb has exploded in popularity over the past few years. As more hosts take over the short-term rental space, you MUST set yourself apart from the rest to get bookings. Long gone are the days of renting out grandma’s house…
Property managers are one of the most important people in your rental business. They’re there to help you when you need it, and they can also be a HUGE pain if they aren’t doing their job correctly. So what is…
As a landlord, you have two options: hire property management or manage your rentals yourself. As a new investor, you may think you understand the ins and outs of running a rental property, but an experienced property manager can give…
Buying a rental property is one of the BEST ways to rake in passive income and build long-term wealth. But, if you’re like most Americans, just the thought of putting down tens of thousands of dollars on a property makes…
It’s 2023, and there are more landlords than ever using property management services, which means that property management companies have to change with the times to fit demand and renter needs. In this article, we’ll explore what exactly makes up…
Disclaimer: This article is not meant to serve as legal advice. We are not attorneys, lawyers, or licensed professionals. Always consult with an attorney or lawyer when seeking legal advice. Love losing money? How about not sleeping through the night?…
Property management is a service that’s often overlooked but can significantly impact your rental property’s success. Property managers are responsible for managing everything from tenant selection to maintenance and evictions, ensuring tenants are happy and the property is kept in…
It’s no surprise that short-term rentals, also called vacation rentals, have some of the best cash flow in the business. For that reason, slews of hosts have flocked to platforms like Airbnb to get their piece of the property wealth-building…
Looking to rent out your property? The right property management company can make all the difference. They’ll oversee everything from finding tenants and collecting rent checks to making repairs and keeping your investment on track financially. But with so many…
Rental property management software helps landlords manage their properties and run their businesses more efficiently by providing data on how the buildings are doing financially, which tenants are causing trouble, and what repairs need to be made ASAP. Finding the…
Turnkey companies are a great option for real estate investors who want to get started with minimal hassle. They allow you to purchase a property and have it ready and rented within days or weeks of closing. But most of…
For beginners, real estate investing can seem like a high-risk way to make passive income. For those that don’t have the time, experience, or risky appetite for real estate investing, turnkey real estate can be a simple solution. Turnkey properties…
Turnkey real estate has become popular over the past ten years as new landlords enter the market wanting more cash flow but less stress. And, if you’re going to maximize the passivity of your portfolio, you’ll want to find turnkey…
A rental property may look good, but knowing if it will help you hit your financial goals? That’s a whole different story. When it comes to rental property analysis, it can be confusing and intimidating if you don’t know what…
Ask two people about home warranties and you’ll get two different answers. Some view a home warranty as a savings account savior, helping them pay for expensive, needed repairs when things in their home begin to break down. Others will…
If you’re a landlord, there’s no need to use paper and pen to manage your rental properties. In fact, there are many apps that can make your life easier when it comes to renting out properties and collecting rent from…
There are many factors to consider when deciding whether or when to sell a rental property. You have to weigh the benefits of an immediate sale against the cash flow of holding onto it for a long period of time.…
Cash is king. And in real estate investing, cash flow is many investors’ most important metric. Why? Because cash flow allows investors, like you, to retire from their jobs, become financially free, and profit from their investments. Cash flow is…
Passive vs. active income. Dividends vs. rent deposits. Total automation vs. tax deductions. The REITs vs. rental property debate rages on. Both of these income-producing vehicles are phenomenal real estate investment choices for building long-term wealth, capitalizing on appreciation, and…