What to Do if You Won the Powerball Lottery

Thursday, January 14

On Wednesday, January 13, 2016, three lucky players purchased the correct numbers to win the record setting Powerball jackpot of $1.5 billion. In the hope of striking it rich, $1.3 million tickets per minute were being sold during Wednesday evening’s rush hour reported Gary Grief, executive direc...


5 Ways to Reduce Vacancy Rates

Sunday, January 10

Would you like to increase your annual net operating income? Would you like to simplify your management? Would you like to stabilize your income stream?If you answered “Yes” to any or all of those questions, then I have one simple answer:Reduce Your Vacancy Rate!Regular tenant turnover is an expe...


Landlords Earn More Rent – Convert the Basement

Thursday, January 07

The more units that you can rent out, the greater your income. Landlords, if you want to earn more rent then maximize the space you own – convert the basement. This can be an option if you own a rental that has an unfinished basement. Additionally, if your own personal home has an unfinished base...


How to Protect Your Home in a Flood

Sunday, January 03

We have recently received some heavy rainfall in the area. This has caused flooding in the Chapel Hill area and other parts of Durham and Chatham County. What can you do to protect your home in a flood? What can you do if water leaks into your home? Here are some practical tips.Protect Your Home ...


How to Sell a Leased House

Thursday, December 31

During the Great Recession, investors scooped up cheap single family homes by the dozens and converted them into rental properties. Home values have appreciated significantly over the past couple of years leading many investors to cash out of these properties. But how can a landlord sell a leased...


How to Use FHA Loan to Buy a Rental Property

Sunday, December 27

Ask any first time home buyer how they can afford to buy a house without having the normal 20% down and they will grin from ear to ear and say it was a FHA loan. FHA loans are available with only a minimum down payment of 3.5 percent. But can you use a FHA loan to buy a rental property?If you wer...