Will Rising Rents Push More People to Homeownership?
By Erlin Taylor Tuesday, October 22, 2024
As rental prices are projected to increase in 2025 and 2026, many renters are reconsidering whether it makes sense to continue renting or take the leap into homeownership. This trend could significantly reshape the real estate landscape in the coming years, as the decision to ren...
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Winning the Battle Against Soaring Property Expenses
By Erlin Taylor Wednesday, October 9, 2024
As a homeowner, managing a rental property is both a significant investment and a responsibility. With rising costs across the board—ranging from insurance premiums to maintenance expenses—it's crucial to adopt effective strategies to manage these increased proper...
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Prices Rose in June But Rentals Are Slowing Down: What It Means for the Housing Market
By Erlin Taylor Tuesday, October 8, 2024
As we move further into 2024, a new trend is emerging in the rental market: while rental prices rose in June, the rate of new leases being signed is slowing down. This situation presents a mixed bag for both landlords and renters. Understanding the dynamics behind these shifts is...
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Mastering the Transition: Key Insights for Taking Over an Apartment Complex
By Erlin Taylor Friday, October 4, 2024
Taking over the management of an apartment complex from a previous company is a significant task that requires strategic planning and execution. A successful transition ensures tenant satisfaction, operational continuity, and the protection of property value. Here are five essent...
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Rental analysis is a critical process for landlords and real estate investors. It involves evaluating various elements to determine the optimal rental price for a property, which is crucial for maximizing income, attracting quality tenants, and staying competitive. Setting the ri...
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As a landlord, making strategic and cost-effective upgrades to your rental property can significantly enhance its appeal and allow you to charge higher rent rates. Tenants today are looking for modern, functional, and energy-efficient homes, but that doesn't mean you need to ...
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Becoming a first-time landlord can be both exciting and daunting. While many resources cover the basics, some crucial aspects are often overlooked. Here are five things first-time landlords need to know that you might not think of:Local Ordinances on Rent Control and Zoning LawsM...
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The U.S. Department of Housing and Urban Development (HUD) enforces fair housing laws to prevent discrimination. When a complaint is filed, an investigation begins to determine if discriminatory practices have occurred. Recognizing the gravity of HUD complaints is essential, as m...
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The Economic Impact on Rental Income and Collection
By Erlin Taylor Tuesday, August 20, 2024
The economy has undergone significant changes in recent years, impacting various sectors, including real estate. The rental market has seen fluctuations in rent prices, occupancy rates, and tenant behaviors. According to Radix data, rents are down 1.5% on a year-over-year basis n...
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Top Investment Opportunities in Portland Real Estate
By Erlin Taylor Wednesday, August 7, 2024
The Portland real estate market is a dynamic landscape offering numerous opportunities for savvy investors. Known for its vibrant culture, strong job market, and high quality of life, Portland attracts a diverse population of renters and homebuyers. As a property owner, understan...
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