A Pandemic Trend That Benefits the Southern States It may not be hard to understand why people are moving to the Sunbelt. The name pretty much sums up the appeal of moving to the South — lovely weather, plenty of suns, limited snow accumulation. Now, factor in a global pandemic that has shown us most …
Making the Right Choice for Your Lifestyle Deciding what to do with a potential second property is never an easy task. Whether you are combining two households, inheriting a property from a relative, or purchasing a new home and leaving the old one behind, holding on to your current home once you buy a second …
Understanding Real Estate Agent Fees and Who Pays Them It’s always prudent to hire a real estate agent to assist you with the sale or purchase of a home. Realtors know their local markets well, and the experienced ones are savvy negotiators. In exchange for their knowledge and know-how, realtors receive a commission from the …
Avoiding These Missteps Can Save You Thousands Most people dread selling their homes because it’s a time-consuming and emotional process. We all learn from our mistakes. Those who repeat those mistakes or go into a real estate transaction blindly end up leaving a lot of money on the table. Don’t be one of those folks. …
A Play-by-Play on Deciding Your Monthly Rental Price Nailing the pricing equation to maximize profit is key when setting your rental property rate. While there is no simple mathematical formula to determine your rental price, there are a few components that can help you to get a ballpark estimate on what to charge each month. …
Answering the College Rental Market Question We all know that fall is the best season in Raleigh. From hoodies and flip-flops to the crisp mornings followed by sunny afternoons, it really is a great time to be a southerner. Fall is also the season that brings all the college students back to the area. An …
Supply and Demand at Its Finest Don’t be in a rush to off-load your rental properties. Raleigh is still a happening place, and the real estate market is going crazy! The latest data from Zillow shows that Raleigh’s current median home value is roughly $297,861 with the home prices appreciating by an average of 5%. …
Getting Paid on Time As a landlord, the most significant factor in managing your cash flow is to collect the rent on time! While being a landlord isn’t just about getting paid, consistently collecting the rent payments each month is one of the most important things when owning one or multiple rental properties. When dealing …
Things to consider when adjusting rent prices To increase rental rates or not to increase rental rates…that is the question! A long-standing question that should warrant a good amount of consideration before answering. If you find yourself questioning whether to increase rental rates once a tenant’s lease is up for renewal, you should really take …
Building Rental Relationships Long-term tenants are a great way to keep your cash flow positive, and your rental property vacancies down. When dealing with rental properties, a low turnover rate significantly eliminates the work needed to be done as a landlord. Take a look at these three simple ways to attract tenants to stay for …
