Most tenants expect to pay a security deposit before renting a property. This financial “safety net” can provide the property owner with some collateral in case the renter(s) causes damage that must be fixed, leaves without paying all utility bills (if billed in the...
As the U.S. works its way out of the historically low interest rate environment that it has been languishing in for over a decade, mortgage rates have followed suit. Unfortunately, this has made borrowing money for both personal residences and investment properties...
As a landlord or residential rental property owner, there are many rules you need to follow, such as equal housing, allocation of tenants’ funds, and accessibility – and not abiding by these can end up costing you. The good news is that there are resources available...
Today, many home sellers work to “sweeten the deal” by offering a home warranty with the property. These plans typically help pay for the cost of repair or replacement on major home systems like the furnace and water heater, as well as appliances such as the...
As the owner of residential rental property, you are likely well aware that items may be damaged or broken in your investment home(s) and/or units. In some cases, it could be the fault of the tenant(s). However, in other instances, it could be that a particular piece...
Like any other type of investors, those who own residential rental real estate will typically research the performance potential – as well as possible future values – of an asset prior to purchasing it. And if you’re considering adding homes or units in Orlando, the...
While rental property has been a viable source of income and growth for investors for decades (or even centuries), over the past couple of years, homes and units in certain areas of the country have proven to perform even better than expected for many real estate...
With single family homes and condos selling quickly – sometimes even in just a matter of hours – the rental market is teeming with those who aren’t quite ready to dive into the buying category or who would simply rather have the ability to come and go without the...
With tensions rising half a world away, it seems hard to believe that the crisis between Russia and the Ukraine could impact the housing market in the U.S. Sunshine State. But as the economy has become much more global (versus local) over the past several decades,...
If you’ve been filling vacancies in your rental property(ies) since COVID-19 hit the U.S. in early 2020, it is likely that you have noticed some differences in what potential tenants may be looking for in a home as compared to before that time. For instance, even...