Property Management News
If you’re planning on moving, you might consider turning your primary residence into a rental property, also known as an investment property. Before we get into the weeds, let’s take a moment to understand the definitions of these property types. Primary Residence: This is the home you live in, whether it’s an apartment or a house. You can only have a single primary residence at a time. When buying a home as your primary residence, there are often perks, such as a lower interest rates, a lower down payment and, in some situations, tax benefits. Investment Property: This is a property that’s been purchased for the purpose of creating income, such as an apartment. When... Read more
A slight drop in interest rates was not enough to rejuvenate the mortgage market, although refinances are still elevated since the Brexit vote caused the initial rate...
A recent survey from Smart Home vendor August Home shows that advances in Smart Home technology is playing a role in where travelers decide to stay during business trips...
Home remodeling and renovation activity weakened somewhat during the second quarter. Across the board, major indicators reported slight declines, particularly in larger...
Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA...
Rents have been increasing and it is a great time to be a landlord. In fact, landlords have been enjoying some of the fastest growth in rental rates in recent history. But you need to be aware there is a cap to that growth. Rental demand continues to remain very strong, which allows landlords to be bullish on rental rates. The questions investors are now asking about rents are: “How high can they go?” “For how long can we raise the rates?” Great questions, and one needs to look deeper at the market in which you are investing to find the answers. Rising rents are a trend, but how high will they go? Everything I read and study suggests rents will rise through 2016 but at a slower... Read more
The rise of short-stay rental sites like Airbnb and HomeAway is tempting homeowners to purchase vacation homes that will also generate income. For some, renting is a way...
At trillions of dollars, it’s no secret that the real estate market has been one of primary resources for the world’s wealthy to to pad their accounts. But...
You’re moving out of your apartment and left the place relatively clean. Sure, there might be a cobweb here and there and some picture hooks on the walls, but...
51077634 – group of friends watching tv at home College students aren’t famous for their tidiness, sober living, or financial prudence, to name three...
Accessibility