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Tips to keep your rental property ship shape!

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here are a few key things a landlord can do to help prevent damage to a rental property and keep it in the best shape possible. Maintenance must be performed on a regular basis to prevent some types of property damage. This entails routine checks of the roof, gutters, and pipes to make sure they … Continued

The Small Business Rent Crisis

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The COVID-19 pandemic, which had a substantial influence on the economy and the capacity of many small businesses to pay their rent, is to blame for the current rent problem that small company owners are currently experiencing. Additionally, landlords have had to raise rents to keep up with rising utility costs, property taxes, and insurance … Continued

1031 Exchanges And How They Work

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A 1031 exchange is a tax deferral strategy used in US real estate transactions. It allows a property owner to defer paying capital gains taxes on the sale of a property by “exchanging” it for another “like-kind” property. The property being sold must be a qualifying investment property, and the property being acquired must also … Continued

How can a professional home buyer help a motivated seller?

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Professional home buyers, also known as real estate investors, can help motivated sellers by offering a quick and hassle-free way to sell their property. Some common ways that home buyers can help motivated sellers include: Offering a cash offer: Home buyers who are able to pay cash for a property can close the sale quickly, … Continued

What Are Contingencies In A Real Estate Transaction?

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Contingencies are conditions that must be met before a real estate transaction can be completed. They are commonly used to protect buyers and sellers by providing a way to back out of the sale if certain conditions are not met. The pros of contingencies for buyers include the ability to back out of the sale … Continued

How Sellers Can Incentivize Potential Buyers In Today’s Market

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Selling a home is not nearly as easy as it was just a year ago. Houses were flying off the shelf with historically low interest rates. With increasing insurance premiums and interest rates double what they were a year ago, houses are taking longer to seller and we have transitioned from a sellers market to … Continued

Best ways to sell your house fast in 2023

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The real estate market has changed drastically in the last 12 months. Many people are still eager to sell their house but the buyer pool has dwindled significantly with the rise in interest rates and insurance premiums. Here are some simple ideas to help the home selling process in 2023: If you have questions about … Continued

What Every Renter Needs to Know About Saving Big Bucks on Application Fees

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By being open and honest with landlords and property managers about their status, renters might avoid paying application fees while applying for various homes. They may even offer to cover the cost of a solitary, thorough background check that could be shared with several landlords. The amount of application fees that landlords may demand is … Continued

What is a purchase and sale agreement and should you use one?

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A purchase and sale agreement is a legal document that outlines the terms and conditions of a real estate transaction. It typically includes details such as the purchase price, closing date, contingencies, and any other relevant information about the property and the transaction. Although having a lawyer evaluate a purchase and sale agreement is not … Continued

How to Maximize Income and Attract Quality Tenants

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By attracting tenants who are less inclined to take care of the property or pay the rent on time, landlords that set their rent too cheap risk losing out on money. When setting rent, consider the following strategies to increase revenue and draw in quality tenants: Examine comparable properties in the neighborhood to obtain a … Continued