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According to CNBC, rents are on the rise in the Windy City. The purchase of a 60-story luxury apartment tower located in downtown Chicago recently set a record sales price.
Now that homeownership rates have dropped to the lowest level in two decades, single-family rental investors have found that there are many opportunities within the housing market.
In Houston, Texas, the rental market is growing by leaps and bounds. According to the Houston Association of REALTORS, 2014 showed record levels for the local Houston housing market, with home sales prices and volume reaching record heights.
Today, it has become increasingly important for landlords to ensure they are properly screening their tenants. According to The New York Times, evictions are on the rise around the country, often for nonpayment of rent.
According to CBS Miami, the state of Florida has benefitted from three consecutive years of ground-breaking tourism numbers, which is due in part to allowing homeowners to rent their properties seasonally.
Owning a vacation rental property can present a wealth of benefits, including the ability to enjoy your own getaway whenever you are ready as well as financial benefits.
The process of obtaining a tenant screening report is often among the most dreaded aspects of filling a vacancy. This is often because landlords may be confused about what they should include in the report.
When it comes to tenant screening, you owe it to your business and your other tenants to ensure that you only use the best tenant screening service.
It's that time of year again; the time of year for goodwill toward mankind. This year, you may find that showing a little gratitude toward your tenants with a Christmas basket can result in a number of benefits.
Ideally, the right rent price for your rental property would be a price that would allow you to bring in the most profit. Unfortunately, the process of setting rent prices is a bit more complicated than that.
During the fallout from the recession, many investors found that investing in stocks was no longer the best option for meeting their investment goals. As a result, many people began to look for ways to diversify their portfolio.
While it is important to screen your tenants carefully to avoid mishaps and uncomfortable circumstances, you also have to be careful not to break any discrimination laws when conducting your search for the perfect renter.
Most Small American Landlords cannot afford to purchase rental properties outright with cash. For this reason, it’s logical to leverage a 30-year fixed loan from a mortgage company.
Buying a foreclosure can present a great opportunity when you are looking for a property to fix up and then rent out.
With so many outdoor activities and natural beauty to offer, it is no wonder that Florida is such a popular getaway destination.
A bed and breakfast can provide a cozy and warm alternative to hotels for visitors to Florida who are looking for a relaxing getaway.
If it seems as though you are drowning while trying to manage your rental property business, it is important to know that there are options available that can help.
While most people are not overly fond of bookkeeping, it is an important part of life. When you run a business, accounting becomes even more vital.