Get a better understanding of setting the correct rent with some of these helpful tips!
When it’s time to set the price for your rental property, you may be tempted to just set the price at your mortgage — or even half the amount — to determine a “fair price” for your property.
Here are a few simple tips you can use increase the rent estimate on your property.
Whether you’re looking for your first apartment, or you’ve been renting for years, you want to make sure you’re finding the best deal that you can afford. And a big part of this is knowing what...
When you own or manage a rental property, your success hinges on renting out the property rented at a rate that earns you a profit.
Assessing how much to charge for your property is a delicate process.
If you have a living space you are not using; you may have thought about renting it out. This something more and more people are doing, with 36.6% of households renting their homes in 2020. And...
Real estate is a fascinating asset class for investment. It’s the only asset class that you can get so locationally specific that you can invest not only by city, but by neighborhood or even by...
Every investment is a risk; there's never a guarantee of profit. However, some investments are riskier than others -- and for better or worse, real estate investment is one of the more difficult...
Becoming a landlord involves a whole series of decisions to be made, such as: What area to invest in property and what kind of loan to take, among others. One decision many landlords don’t take...
Properly underwriting the value of an apartment building is critical to finding and making great deals. Generally, a bank will use three different ways to assess an apartment asset’s value.
Whether you're selling your personal residence or your rental property, you may not be fully aware of all the expenses that await you when you do so.
Real estate is a great investment for those looking for a long term buy and hold. Do your due diligence when it comes to considering the purchase of a rental property. If the purchase meets all of...
If you’re not sure what to charge for rent, here are some factors you’ll need to take into account.
Any investment property owner will tell you there's more to the game than sitting back and collecting the rent! Handling the responsibilities of property management can take a toll. That's why it's...
Many owners are not aware of the fact that they are actually charging too little for their rental property. They don’t know that they can get a better price as long as they implement few...
As a landlord, you can always adjust the rent through a fair process and time period, if the conditions are appropriate to do so.
If you're looking to rent out a property in an area that's already saturated with rentals, you know that you have to do everything in your power to make your property seem as attractive as possible.
Every real estate investor looking to buy a property knows that location is one of the most important factors to consider before settling buying a home personally.
Every real estate investor or landlord is ultimately looking to gain the most potential value from their property. However, that doesn't mean you should go ahead and set your rental prices too...
Setting a good rent price for your property can sometimes feel like a shot in the dark. You have a general idea of what landlords are charging in your area, and you’re keeping up with that.
Whether you own or manage one rental property or hundreds of rentals across the country, you need to be able to set fair market rents confidently.
Do you know how to find average rents to value your property correctly? You need a rent estimate to know how much to charge for rent and how not to undersell yourself. There are lots of different...
If you’re keen to invest in a rental property, but not sure where to start, we have some pointers on preparing to buy an investment property once you find one, and how to set your rent prices for...
Setting a rental property price is a difficult task for many landlords. You don’t want to price your rental property so low that you don’t make a profit, but you also don’t want to price it so high...
One of the biggest mistakes new landlords make is underestimating the rental potential of their property. Often new landlords are so eager to get tenants in their property, that they undervalue...
Many people in the U.S. are interested in becoming landlords. A Better Homes and Gardens Real Estate survey recently found that 89% of American investors are drawn to the prospect of investing in...
The fact is that property reports can only deliver so much information. A rental meter that is part of a rental listing app can provide much more focused data to help you set your rental price...
Property is a great investment. Sometimes, values go down due to the economy, but the economy has a way of always bouncing back. Property values rise again. And rental property is a way to keep...
As landlords, we often fall into the trap of getting a bit too comfortable. It could be something as simple as skipping a property inspection or not following up with a tenant as quickly as we...
Going into the rental market can be scary, but the payoff could be worth it. After all, in 2016, 27 percent of Americans rented their home. Fully 96 percent of people who have invested in real...
Whether you're looking to rent your property, it's a good idea to analyze the rents in the area. Understanding what the market is like before getting too excited over a price will save you a lot of...
When you purchase a rental property, setting accurate rents is the most crucial step to keeping your rental operation running at a profit. As a landlord, you don’t want to outprice your local market.
If you're a tenant who now needs to figure out how to make your rent payment … or a landlord who must determine how to collect rent, ease tenant anxiety, and rethink rents moving forward … where do...
Investing in unknown markets on your own carries more risk than investing in your immediate backyard.
When it comes to investing in real estate, it's not as complicated as some make it out to be. Here are three rules of thumb that can help you be on your way to a successful career in real estate.