In the digital era, the real estate world has undergone a significant number of changes and shifts. Even more, since we’ve undergone social distancing, “Safer-at-Home” orders and using websites, apps, and social channels to stay connected and conduct business.
Rentometer provides a variety of statistics that can help you evaluate your rental market and, in turn, help you set the rent for your rental unit. By understanding the rental rates and percentiles, you can also quickly evaluate a possible rental purchase or how much you can and should spend on renovating your property and still cash flow.
There are a lot of things to think about when preparing to buy your investment property. Several financial factors related to real estate investment should not be ignored. Here are the financial preparations you should take before investing in real estate.