Blog

Property Management
Posted
August 24, 2023

The Economic Impact of Rental Vacancy: Strategic Solutions for Property Management

Rental vacancy is a critical issue that affects both property owners and the broader economy. The economic impact caused by rental vacancy can be substantial, leading to financial losses for property owners, reduced tax revenues for local governments, and decreased economic activity in communities. This essay aims to explore the economic consequences of rental vacancy and propose strategic solutions that property management can employ to combat vacancy loss.

Construction
Posted
August 10, 2023

Post-Construction Profitability: Managing And Leveraging Completed Projects

Have you ever heard the phrase (or something similar): Real estate is a long game? If not, we will explain the meaning. Think of real estate as a plant. You research the types of seeds you would like to plant, prepare the soil (whether it's directly into the ground or a pot), plant, water, and feed. Even if you have never personally planted a seed, you can attest to the fact, that it will not sprout by the next morning, and you may spend quite some time nurturing the seed before anything happens, but still, you trust the process and when it finally sprouts, it may seem like it was overnight, but you know first hand the work it took.

Property Management
Posted
July 28, 2023

Property Management for Mixed-Use Developments

Recently, there has been an influx of popularity in mixed-use developments. Their ability to support non-vehicular access is what makes these sorts of developments a hit, especially among young adults. Mixed-use developments are often referred to as live, work, and play developments because they provide residential, lifestyle necessities, and even entertainment.

Construction
Posted
July 12, 2023

New Construction vs. Resale: Which Provides A Better Profit Potential?

Real estate investing has the potential to be a wealthy venture. Whether you are looking for a long-term or short-term earning opportunity, it’s there. It’s also one of the oldest and most proven avenues for building generational wealth, both short and long-term, making it obvious as to why.

Property Management
Posted
June 28, 2023

Three Reasons Why Multifamily Homes are Gaining Momentum

The past few years have proved to be a tumultuous ride for the real estate market. The COVID-19 pandemic kicked off an unprecedented housing boom, leaving the market staggering to keep up with inventory according to the demand. The latter was significant as it played a huge part in both the residential purchase and residential income properties, including multifamily homes. Multifamily homes are properties that have more than one unit, such as duplexes, triplexes, and apartment buildings.

Investing
Posted
September 22, 2024

Let's Talk Off-Market Deals for Real Estate Investors

Sometimes, the perfect investment opportunity is not being advertised, because it’s yet to be realized. Off-market real estate opportunities, which refer to homes that are not listed for sale on the open market, have increased in recent years. They aren’t new when it comes to investment strategies but they have grown in popularity.

Investing
Posted
July 14, 2024

Things You Need to Know Before Purchasing Real Estate Abroad

Hands down, Netflix has positioned the world to see some of the most beautiful landscapes and residential real estate from coast to coast, whether it's a sky scraping penthouse in Manhattan or a lush infinity pool against a breathtaking North Cali skyline, they have done an astonishing job with broadening the scope of some of the best of the best in prime real estate.

Investing
Posted
June 25, 2024

Three Historical Events That Shaped Real Estate Investing

Over time, real estate investing has secured itself as an essential follow-through to wealth. Before money was considered at the forefront of currency, land was a defining factor, and still is. So, there is no surprise that, still, today, there is a place in wealth-building for land ownership.

Investing
Posted
May 23, 2024

Exploring the Profitability of Tiny Home and Shipping Container Home Rentals

HGTV has or previously had at least 8 shows on air about tiny homes. In the last decade the obsession with tiny homes has grown exponentially and has been hailed as a cheaper option to address affordable housing concerts through minimal space and a budget that is a whopping 87% less than the national average for a home.

Investing
Posted
May 15, 2024

10 Things to Know Before Investing in a Condo

In major cities, investing in a condo can be seemingly attractive, especially those that are located in high-rise buildings and prime-time locations in metro cities. For investors, having an asset that has a remarkable view and located in areas that are popular and convenient is a perfect recipe for a short term rental property.

Property Management
Posted
June 15, 2024

The Top 5 Services Property Management Companies Offer That You Can't Afford to Ignore

Property management companies are an indispensable asset to property owners, particularly those who own multiple properties or lack the time to manage their investments effectively. These companies offer a suite of services designed to maximize the return on investment while minimizing the stress and workload for property owners.

Property Management
Posted
April 12, 2024

The #1 Misconception About Property Management Companies And The Truth

In the time of social media, fact checkers are having a battle in identifying and correcting the sums of misinformation that run rampant on the web. No industry or topic is exempt from a tale or two parading as truth. In fact, real estate is one of the most heavily discussed and misconstrued topics on the net.

Property Management
Posted
March 27, 2024

Squatters Are An Issue - Here’s How To Prevent It

Squatters are a growing problem nationwide. It is when a person, other than the owner or an authorized occupant, takes up residence in a home. This action was typically common among obviously abandoned homes but has become a burdening problem for even the most lavish of neighborhoods.

Property Management
Posted
November 6, 2023

How Property Management Companies Can Help You Navigate the Evolving Landscape of Rental Laws and Regulations

The rental market is constantly evolving, with new laws and regulations being enacted to protect both landlords and tenants. Staying informed and compliant with these changes can be a daunting task for property owners and landlords. This is where property management companies can make a significant difference. Property management companies offer a wide range of services that can significantly simplify the property ownership and rental management process.

Property Management
Posted
October 5, 2023

Navigating The Evolving Landscape Of Rental Laws And Regulations: How Can Property Management Companies Help?

Maneuvering the real estate terrain can be tricky for investors, especially multi-site investors who have operating assets in multiple states. The laws can differ from one state to another, along with the specific county ordinances and regulations. In these cases, it's the best interest of the investor to be aware and operate within the respective laws and regulations to avoid any compliance challenges.

Construction
Posted
January 31, 2023

Enhancing Value and Energy Efficiency: A Successful Home Renovation Project

This whitepaper outlines the successful renovation of a home built in the 1960s. The homeowner sought to maximize their unused space and make upgrades that would increase their home's resale value and energy efficiency. Through careful design and construction, adding an extra bedroom, full bath, and walk-in closet was successfully integrated into the existing layout and floor plan.

Brokerage
Posted
October 22, 2024

The "Wait and See" Buyer: How Their Perspective Impacts Real Estate Market Trends and Investing

Are you familiar with a Wait and See buyer? Whether you are a realtor, investor, buyer, or all three, you have either encountered a Wait and See buyer or have possibly been one. It’s a sassy way to describe someone who is courting the market, but hanging back to see how a certain time or event will affect the market. Normally, it’s in hopes of a positive turn.

Brokerage
Posted
August 21, 2024

Did You Know The Mortgage Rates Dropped? But It’s Not The Most Important Thing

Ok, let’s be honest. Who doesn’t want the opportunity to purchase a home that’s snugly planted on your shortlist on your favorite home search platform at a highly attractive mortgage rate of, let’s say 2.5%?

Brokerage
Posted
July 27, 2024

The Effects Of An Election Year On Real Estate Purchasing

As a practicing real estate agent, it isn't uncommon to receive multiple different reasons as to why someone is looking to purchase a house, whether it is a primary residence or investment home. A few reasons can range anywhere from, a first home, a retirement home, vacation or for investors - an income producing property.

Brokerage
Posted
April 25, 2024

How Secure is Your Rental Agreement? 5 Leasing Contract Loopholes to Avoid!

Rental agreements were created to outline legal expectations from both sides of the contract. It is a written document that specifically states what a tenant should expect from their landlord, as well as what can be expected of them while living as a resident in the rental space.

Brokerage
Posted
February 29, 2024

Cold Calling Is Challenging, Here’s How To Warm Them Up

How often do you tap into a real estate tips video or read a real estate related blog to get an answer to a question or challenge you’ve run into? For most real estate agents, the answer is likely a couple of times a week and if you are highly active, possibly multiple times daily.