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FSBO_invest_purchase

Selling FSBO does not guarantee more profit in your pocket just because you are saving on realtor costs. Furthermore, while some FSBO do work out well, they are not all equal, as they depend on the house and the market. This summer, between our personal homes and those of our family, we sold or facilitated the sale of six homes in four different states. Two of these homes ended up being sold For Sale By Owner (FSBO). In the end, one of these deals was the perfect situation for FSBO, and the other was a disaster. We not only had to deal with a lot of headaches, but we also lost $15,000 of potential income, even after taking potential realtor expenses into account.Read More »

furnished_rental_airbnb

One of the fastest growing trends in real estate is returning a higher profit by turning a property into a furnished short-term rental, typically either as a corporate rental (30 days or more) or vacation rental (less than 30 days). We personally have turned two of our houses into furnished rentals aimed at the corporate rental client for off-season and vacation rentals for peak season. While for us, furnished rentals have been a blessing, thereRead More »

Contractor_Van_Equipment

Stanley Roper, the grumpy landlord in the ‘70s pop sitcom “Three’s Company,” lived in the apartment directly beneath his tenants’ apartment. If something went wrong - and of course things routinely went awry to keep viewers watching - Roper knew about it within minutes.

Without a doubt, landlords must supervise their rental properties, but a landlord needn’t listen through the pipes, as Roper did, to stay on top of things. They want toRead More »

Will_the_Trend_with_Short-Term_Leases_Last_4-2-17_SQUARE

Short-term rentals are eliciting a strong backlash in communities across the nation. Officials from Los Angeles to Capitol Hill are fielding complaints and mulling new regulations as the trend in short-stay leases grows. Airbnb alone has 3 million properties listed for rent worldwide, up from 550,000 in December, 2013.

For residential owners, the chance to host strangers who want to live like locals during brief visits to unfamiliar cities is an opportunity to get aheadRead More »

Choosing_Tenant

It's easy to lose track of rental transactions without a good record-keeping system. Use a spreadsheet program like Google Sheets or Microsoft Excel to register transactions for one or more rental property. Include the date and amount paid. You'll be glad to have these records in the event of an eviction.Read More »

View related threads in the Real Estate Investing Forum »

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