What To Know About Rental Property Marketing On Social Media
27
Jan
By Kyle Muth
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Rental Properties, ,

What To Know About Rental Property Marketing On Social Media

Do you have a property that you are ready to rent? If so, it is time to find someone who can rent it from you. You need to use social media to market rental properties as there are millions of people who use social media daily. This is a quick way to get your property in front of as many people as possible. What do you need to know about marketing your property on social media? Target The Right Market First, you must make sure you target the right market. Some of the most popular social media platforms include Facebook,…
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How To Navigate Purchasing A Rental Property With Higher Interest Rates
23
Nov
By Kyle Muth
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Real Estate, Rental Properties, ,

How To Navigate Purchasing A Rental Property With Higher Interest Rates

Many people are looking for ways to diversify their investment portfolios, and one option could be purchasing real estate. The Federal Reserve has been raising interest rates in 2022, and they could continue the hike in 2023. What does this mean for people who are interested in purchasing rental properties in the current environment? There are a few key points to keep in mind. Why Are Interest Rates Going Up? There are plenty of reasons why the Federal Reserve is raising interest rates, but the biggest factor comes down to inflation. Inflation is rising at the fastest rate seen in…
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The Biggest Mistakes Airbnb Hosts Make
28
Sep
By Kyle Muth
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Rental Properties,

The Biggest Mistakes Airbnb Hosts Make

If you want to use an investment property to make money, you might be thinking about renting your property out on Airbnb. This is a convenient service that can help you find renters to generate an income stream. At the same time, because a lot of people are familiar with Airbnb, it can also be a competitive place. What are a few common mistakes that you need to avoid as an Airbnb host? Not Providing Any Amenities Many people who rent their properties out on Airbnb try to avoid providing amenities. After all, they are worried that their guests will…
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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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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
0 Comments
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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