How to Lower Financing Expenses as a Real Estate Investor
Monday, December 07
Mortgage + insurance + taxes. If, like a lot of landlords, you’ve set up escrow, these charges come out of your account every month. You probably don’t think much about them and as a result, they can feel immutable. But trust us, they’re not, and finding ways to lower any of the three can have a ...
Using the 1% Rule When Expanding Your Portfolio
Sunday, December 06
Portfolio expansion is always an exciting time for a landlord or property manager. New projects, new dollars, and new challenges can be a compelling and tempting proposition. But it’s crucial to keep perspective in mind: is this a smart investment of my time, money, and energy? Will this prope...
Is it Time to Downsize your Property Portfolio?
Saturday, December 05
Managing a portfolio can take a great deal of effort. On average, you should shoot for at least one manager per 150-200 units to operate efficiently. If your unit per manager ratio is getting too high, then maybe it’s time to downsize. Landlords downsize for many reasons: they decide they want to...
How Much Does a School District Affect Property Value?
Friday, December 04
The question of how much a school district affects property value is murky and has been subject to much rigorous debate, but that a high-performing school district will attract renters and buyers alike is no question at all. Although landlords know that the majority of their clientele are younger...
3 Ways to Monetize Your Land and Maximize Real Estate Revenue
Wednesday, December 02
Real estate is more than the building that sits on it. Sure, most of your revenue will come from renting residences and commercial spaces to tenants, but the land you own can be a source of revenue itself. Below, we break down three ways to maximize the revenue your real estate investment produce...
Will Climate Gentrification Affect your Real Estate Market?
Tuesday, December 01
We’ve discussed the numerous ways to stay abreast of the ever-changing real estate market before, ranging from proximity to retail to shrinking apartment sizes, but it’s doubtful we’ve taken on a topic quite so large as climate change. Just how far down the road until we see its effects remains t...