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Do You Need To Get A Credit Reference From Your Rental Applicants?
12
Aug
By Kyle Muth
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Real Estate Investments, Rental Properties, ,

Do You Need To Get A Credit Reference From Your Rental Applicants?

Are you looking for new renters for your investment property? If so, you must make sure they have the ability to pay rent on time, every time. That is probably why you are thinking about running a credit check on all of your renters. In some cases, this might be enough. In other cases, you might need to get a credit reference. What are some of the reasons why you may need to get a credit reference from your renters? What Is A Credit Reference? Just like the credit check itself, a credit reference is a way to look into…
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Why You Should Invest In Real Estate During A Recession
05
Aug
By Kyle Muth
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Real Estate Investments, Rental Properties, ,

Why You Should Invest In Real Estate During A Recession

The economy ebbs and flows. There are times when the economy might be booming and other situations where the economy could enter a recession. If the economy goes into a recession, you may feel like you need to protect your assets and not invest in real estate. Even though it is important for you to be careful with your money during a recession, there are a few reasons why you should consider investing in real estate during an economic recession. Generate Monthly Cash Flow One of the biggest reasons why you should consider investing in real estate during the recession…
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Why You May Want To Get A Real Estate License As An Investor
28
Jul
By Kyle Muth
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Real Estate, Real Estate Investments,

Why You May Want To Get A Real Estate License As An Investor

If you are purchasing property for investment purposes, you do not necessarily need to get a real estate license; however, it may be beneficial for you to do so. If you plan on spending a lot of time as a real estate investor, you should try to learn everything you can about the real estate industry. One of the best ways to do so is to earn your real estate license. Why should you consider doing so? You May Get More Money From The Sale If you have a real estate license, you may get more money from the sale.…
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Making Your Home Appealing To A Buyer Or Renter
21
Jul
By Kyle Muth
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Real Estate,

Making Your Home Appealing To A Buyer Or Renter

Do you want to maximize the value of your real estate investment property? If so, you need to think about what someone else may be looking for in a house you are selling. It is relatively easy for you to remodel a house to your liking. You know what you like, you know where to find it, and you know how to install it in your house. On the other hand, if you want to maximize the value of your investment property, you need to make it appeal to a potential buyer or renter. What do you need to know?…
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Tips For Saving Up For A Down Payment On A Rental Property
19
Jul
By Kyle Muth
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Rental Properties, ,

Tips For Saving Up For A Down Payment On A Rental Property

If you want to invest in real estate, you must have money for a down payment. Unlike first-time homebuyers, you will not be able to purchase a rental property for 3.5 percent down. If you want to be given a loan for your investment property, you must have a sizable down payment available. Typically, you need to have at least 20 percent of the purchase price of the home. How can you save up this type of cash? Take Out A Home Equity Loan If you have equity in your primary residence, you might be able to take out a…
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How To Properly Screen Residents For Your Rental Property
23
Jun
By Kyle Muth
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Real Estate Investments, Rental Properties,

How To Properly Screen Residents For Your Rental Property

If you want to maximize the return on your rental property, you must have a steady stream of income. The only way to generate that is to have reliable residents who will pay their rent on time. There are a lot of people looking for a place to rent right now, and you need to find the right resident for your rental property. Take a look at a few tips you need to follow to properly screen your applicants. Conduct A Background Check First, you need to conduct a background check. You need to make sure your applicant does not…
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The Top Renovations That Drive The Most Return On Your Real Estate Investment
16
Jun
By Kyle Muth
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Real Estate Investments,

The Top Renovations That Drive The Most Return On Your Real Estate Investment

Your property is an investment, and it is important for you to treat it as such. If you want to increase the value of your property, you might be thinking about conducting a renovation. This is a great opportunity to update certain features of the home, which could make it more attractive to a potential buyer. At the same time, some upgrades are more valuable than others. What are a few examples of renovation projects that will deliver the most return on your investment? A Kitchen Remodel There is a saying that the kitchen is the heart of the home,…
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