3 Common Mistakes to Avoid When Selling Your Home Selling a home can be stressful, time-consuming, and emotional. It can also become expensive when sellers make avoidable mistakes during the process. The most common home-selling mistakes include pricing the property incorrectly, letting emotions influence decisions, and using poor-quality listing photography. Avoiding these problems can help […]
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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.
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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
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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%.
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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
4 Tips for Collecting Rent Read More »
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
Increasing Rental Rates: Is it a good idea? Read More »
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
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How to Get Your Security Deposit Back When Moving Out Beginner’s Guide to Moving Out the Right Way Putting a security deposit down on a rental property is a necessary step, and usually ends up being a rather big chunk of change. Although many think that getting your security deposit back at the end of
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A Tenant’s Security Deposit Understanding the Basics of a Security Deposit Signing a rental lease is an exciting time, but it can also be overwhelming. From understanding the lease agreement to sorting out all of the additional fees, it can make your rental journey go from “Woohoo!” to “Ugghh.” rather quickly. When signing your lease,
Security Deposit-What is it & how much should it be? Read More »
Technology Is Essential During COVID-19 Oak City Properties Has the Technology You Need Technology has changed the property management and real estate industry for the better over the years. Now, with the coronavirus, it is even more relevant that technology is the key to keeping your rental property running smoothly, and your tenants happy as
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