Q and A About Foreclosed Properties A foreclosure can be a great way to get a deal on a property. While the financial reward may be significant, it is important to remember that there may also be a considerable amount of work. When purchasing a foreclosed property, make sure you are 100% sure about the […]
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Tips for Staging Your Home for a Quick Sell Not sure how to stage your home so that it is appealing to potential buyers? No worries, at Oak City Properties, we got you covered. Whether you are selling a home in Raleigh or across the county in a different time zone, appearance is everything! The
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Put Your Best House Forward Planning to sell your house, but not sure how to set the stage for success? Take a look at these helpful tips and tricks to entice potential buyers and get results. Tip #1: Focus on curb appeal When selling your home, it is essential to make a great first impression.
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Diversifying Your Rental Portfolio Everyone loves a deal, and buying a rental property is no different. Whether it is a fixer-upper in your favorite neighborhood or a foreclosure that has been empty for years, we all know what it feels like to be swept up in the “good deal” frenzy. We also know what it
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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
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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
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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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