How Do You Know You Are Charging Enough Rent?
22
May
By Kyle Muth
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Rental Properties,

How Do You Know You Are Charging Enough Rent?

If you own rental property, your goal is to keep it occupied as much as possible. That way, you have plenty of cash coming in that you can use to cover your expenses. At the same time, how do you know that you are charging enough for rent? There are several factors to consider, and you may want to reach out to an expert who can help you. The Quick 2 Percent Rule If you are looking for a quick way to estimate the rent you should charge, you may want to use the 2 percent rule. This dictates that…
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Buy And Hold: Why It Works Well
24
Apr
By Kyle Muth
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Real Estate Investments, ,

Buy And Hold: Why It Works Well

If you are looking for a way to invest in real estate, you are probably thinking about a variety of options. Sometimes, the best way to maximize the return on your investment is to keep the strategy simple. That means that you need to buy and hold. What are some of the reasons why this is such a smart strategy? Buying And Holding Can Generate Income If you decide to buy and hold property, you can rent it out, which will generate income. Yes, if you have a mortgage on the property, it can take a while to generate consistent…
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Is It Better To Flip Or Rent?
21
Apr
By Kyle Muth
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Real Estate Investments, ,

Is It Better To Flip Or Rent?

If you are looking for a way to diversify your portfolio, you may be thinking about purchasing rental properties or flipping houses. One of the major advantages of investing in real estate is that you have plenty of opportunities available, so is it better for you to flip houses or rent them? Of course, the answer is that it depends, so you need to take a look at a few important points below.  Flipping A Property One of the first options is to flip a property. This refers to purchasing a house, handling all the repairs, and then selling it…
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An Overview of Commingling: What You Need To Know
17
Apr
By Kyle Muth
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Real Estate Investments, ,

An Overview of Commingling: What You Need To Know

It is important to understand exactly where your money is coming from and what you are doing with it. This is particularly important if you run a business, as you need to separate funds that are used for business purposes versus funds that are used for personal purposes. What happens if you are a real estate investor? There are a few important points that you need to keep in mind regarding commingling. A Definition Of Commingling When someone is talking about commingling, they usually refer to the practice of mixing the funds you use for your real estate investments with the…
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Finding The Right Contractor to Renovate an Investment Property
17
Feb
By Kyle Muth
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Real Estate Investments, ,

Finding The Right Contractor to Renovate an Investment Property

If you own an investment property, you need to protect your value. That means you might want to hire some contractors to renovate the property and make it more appealing to a potential renter. How can you find the right contractors to help you? There are a few important points to keep in mind. Ask For Referrals You may want to start by asking for referrals. For example, you might want to talk to your real estate agent to see if he or she has any ideas about people you can reach out to. You may also want to talk…
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Should You Sell Or Rent Your Primary Residence?
28
Jan
By Kyle Muth
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Real Estate Investments, Rental Properties, ,

Should You Sell Or Rent Your Primary Residence?

Are you interested in purchasing a rental property? Instead of buying a new one, you might want to convert your primary residence into a rental property, particularly if you plan on moving in the near future. At the same time, you might think it is better to sell the property and take the cash instead. Which option is best for you? Potential Issues Converting Your Primary Residence To A Rental Property If you want to convert your primary residence into a rental property, there are a few important issues to keep in mind. First, you must make sure you have…
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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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