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Archive for June, 2017

Some Reasons To Go From Residential To Commercial Real Estate

Friday, June 30th, 2017
commercial residential

There area variety of differences between residential and commercial real estate!

The real estate market is constantly fluctuating, like the stock market, and some real estate investors are considering making the switch from residential real estate to commercial real estate. Investing in real estate is often a much more secure investment than the stock market, where your retirement savings are subject to the market’s whims. Here are some of the best reasons why you should consider switching from investing in residential real estate to investing in commercial real estate. (more…)

Posted in Residential Sales

3 Problems Only Property Managers Will Understand

Thursday, June 22nd, 2017
property managers

Only property managers will understand the problems that come with having a variety of different tenants.

Playing a unique role, property managers maneuver between real estate professionals and tenants alike. In fact, property managers interact with such a wide array of people that is can be overwhelming for those in the beginning stages of their career in the wild world of property management. However, there are some tell-tale problems that only a property manager can relate to. Here are just some of the more common problems every property manager has experienced at least once in their careers. (more…)

Posted in Property Management

The Best Way To Calculate Improvement Ratio To Increase Annual Depreciation

Thursday, June 15th, 2017
property

There are a lot of financial aspects of owning a rental property that can get overlooked.

Depreciation can be a struggle for any real estate owner. Depreciation is a reduction in the value of any asset that is caused by the passage of time due to wear on the asset. The Internal Revenue Service allows the depreciation expense to be written off each year to recover the cost of the initial investment. While not an efficient means to recover cost but it can help with overall loss. Today we are going to discuss how to calculate an improvement ratio to increase your annual depreciation. (more…)

Posted in Property Management

4 Property Manager Best Practices To Start Using Immediately

Thursday, June 8th, 2017
property managers

There are certain practices all property managers should follow.

Rental property management requires severe organization and skill. As such, when you are fortunate enough to manage multiple properties at one time, the situation could be cumbersome if not well-prepared. In fact, it is important to prioritize the most urgent needs first. As a property manager, it is your responsibility to manage and resolve any lingering or sudden problems that arise. Acting in a proactive way to help all tenants is a vital component of property management. As a result, there are certain tips and tricks of the trade that can help you be the best rental property manager and alleviate some of the insurmountable stress that invariably results. (more…)

Posted in Property Management

Single Family Homes vs. Multi-Unit Apartments: The Best Investment For You

Friday, June 2nd, 2017
investment

Finding the best investment for your specific needs is easier than you think!

The investment game can be a cruel one yet a highly beneficial one. You, as a potential investor, have to take a number of things into account. You must make sure that not only is it the right time to invest for you personally but also that it’s the right time to invest for you in the market. Single family homes are often seen as a safer investment but for a lower reward; on the other end of the spectrum we have multi-unit apartments. They carry a slightly bigger risk and of course, garnish much bigger sources of income. It all boils down to what is the best option for you as a potential investor. (more…)

Posted in Commercial Sales