Tagrentals

TWiRP- December 3rd, 2016

Climate Change Could Swamp East Coast Real Estate Rising sea levels are changing the way people think about waterfront real estate. Over the past five years, home sales in flood-prone areas grew about 25 percent. This has made state lawmakers in Massachusetts and New Jersey to begin pushing to impose new rules on real estate agents and others, obligating them to disclose climate-related damage...

5 Tips for Scoring the Investment Property You Want

As a residential property manager, you dream of finding an investment property with this much allure. You want it. You have to have it. It’s a cute, single family home on a big corner lot. Recently updated it even includes an entirely new kitchen. If you could add that property to your portfolio you just know you’d have potential renters beating down your door. 1 – Winning When the...

TWiRP- Mar 6, 2015

Urban development is continuing to change especially as millennials are moving. In our first article, we see this change and the effect that it has had on US cities today. We then take a step back and look at a caveat to this observation: could this be another result of the media glorifying reality? Following this, we look at Bloomberg Business’s article on the changing perspective of...

Where To Invest? The Pros and Cons of Rural Property

When you think about investing in a rental property do you dream of wide open spaces, big red barns, and calling the cattle home? Investing in a rural property or tract of land might be the right choice for some investors, but there are pros and cons about purchasing property somewhere with more trees than people. The Good Possibility of future development Every suburb of a major city was once...

Do You Have Questions About Rental Investing?

If you’ve been thinking about investing in real estate to rent, there are a number of questions that you should be asking. Perhaps you’ve just happened upon that perfect property, maybe you’re just thinking about where you’ll look: either way, there are a number of things to consider. What’s the supply and demand of the area like? One of the things I notice is that many of RentPosts’...

Housing Market Predictions for 2015: Part 2

Rental markets will stay strong While first time home ownership will rise in 2015, thanks to households headed by 30-somethings bankrolled by greater job security and rising confidence in the housing market, younger Millennials leaving college dorms and their parent’s homes will keep the rental market robust. Americans in their 20s strongly prefer to rent in urban centers close to jobs and...

6 Tips for Showing a Rental Unit…Written by a Tenant

During my early twenties I moved five times in four years. My reasons for moving varied, but one part of relocating always stayed the same; touring rental units. For every move I made, I looked at 5-10 units each time, always in search of the perfect place to call home. There are a few key things a leasing agent can do before showing a unit that make prospective residents like myself much more...

Rejecting a Rental Application

One of the worst hazards to navigate happens before a tenant even signs a lease: rejecting a rental application. If your pre-screening process is pretty stringent, this may not be as much of a problem- but, every now and again, it happens and handling it the right way is pretty important. Everyone deals with this in different ways, depending on the situation. Some might choose to send a reason...

About That Security Deposit

Dealing with the security deposit has always been a long hassle between landlords/property managers and tenants. Security deposits don’t always have to be a problem, this post gives advice to anyone who operates in the world of security deposits for rental properties and addresses some commonly asked questions. Know your State Laws It is important to know how much you are legally allowed to...

Are You Considering A Month to Month Lease?

If you’re looking for a more flexible option in renting, you might consider month to month leasing. This option in rental agreements tends to offer a greater freedom when it comes to being able to move without penalty. A month to month lease is having a lease that you renew every 30 days. With a typical lease agreement, you are locked in to a 12-18 month rental agreement. These leases will also...

How To Create a Craigslist Rental Listing

You probably already know that using Craigslist, Zillow, and Trulia are effective ways to advertise your rental listings. However, how you present your property on there will make a big difference. You want your ad to be effective in attracting the kind of tenants you want, while also saving you some time in the prescreening process.

Single and MultiFamily Rental Markets Looking Good

According to Jones Lang LaSalle, or JLL, sales volumes on multifamily housing in the United States shot up about 47% from the months of July to September after a dragging second quarter. Sales volumes on multifamily housing hit about 25 billion dollars during that time. Researchers cite the housing hangover, population growth in the empty nesters and Echo Boomers, and the rise in households...

Should Your Property Offer a Business Center?

Smartphones, tablets, and other mobile devices have changed the way that people do business. Though many people have their own home computers and other technology, offering a business center on property is often a smart move. However, with the boom in mobile technology, people are reconsidering the way they set these business centers up.

Using Trulia and Zillow To Find Rentals

We mentioned 3 great tools you can use to find rentals and information about those areas, but here are two sites that most people immediately think of when looking for a new home – Trulia and Zillow. However, most people think that these sites are just for real estate agents, home owners, and home buyers. They can also be fantastic resources for finding rentals in any area you want.

Using Property Management Software To Organize Your Rental Business

The life of a landlord can be a hectic one. Especially if you have multiple properties and another full time job that keeps you busy. It’s a common complaint of landlords that they wish they could be in two places at once because of all of the work it takes to manage their properties. Perhaps you’ve found yourself feeling the same way. Maybe you’ve even tried a few tricks to...

Recession? How To Be An Effective, Prosperous Landlord When The Economy’s Got You Down

When recession seems imminent and your livelihood as a landlord is in an apparent state of limbo, it is unwise to lethargically stand by and wait for for disaster to strike, armed only with crossed fingers of hope – be proactive! Do not let your fear of worsening the situation prevent you from improving it; prepare for action, and turn the change in economic climate into opportunity...

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