The relationship between a landlord and a tenant is ill-fated by nature. In fact, wherever there is an exchange of money involved, there is bound to be tension. However, you can alleviate much of the stress by establishing an effective communication channel. Here are 5 tips on ho...
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When you think about how to attract quality tenants, the mind automatically outlines having the ideal property set in an ideal location as the answer. However, one size never fits all, and there is no such thing as one perfect property for everyone. In this article, we outli...
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1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreein...
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Investing in real estate might be the safest way to secure your savings and earn from them at the same time, but only if you’re investing and managing the right way. A reliable property manager cannot only help you make the right investment decision at the right time b...
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How to Identify Whether or Not You Need a Property Manager
By Virtual Homes Realty Wednesday, June 15, 2022
Each investor handles different situations on a day to day basis. While some may be able to cope with the daily challenges, others might not be so efficient. But how does one know when it’s time to hire help? How do you know when to hire a property manager?While we und...
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5 Ways the Pressure of Rent Collection Can Be Taken off You
By Virtual Homes Realty Monday, May 30, 2022
Owning rental property in Palm Coast can be a great source of recurring income. But when you spend a lot of time and energy chasing down that income, it might feel like it’s not quite worth it.Rent collection day can be stressful for some landlords, especially since about 2...
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5 Reasons Hiring Tenant Screening Professionals Can Save You Money
By Virtual Homes Realty Monday, May 23, 2022
If you own a rental property, you may be worried about accepting the wrong tenants. It's not an unprompted fear, as there are over 1 million evictions across the US every year.Accepting the wrong tenants can be devastating to you, your property, and your business. Well, ...
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How to Find a Leasing Specialist to Help with Your Property
By Virtual Homes Realty Monday, May 16, 2022
LEASING SPECIALIST RESPONSIBILITIESA leasing specialist job description comprises all aspects of the rental process. This includes marketing, engaging with clients, showing properties, and walking them through the rental agreement.MarketingA leasing specialist will manage da...
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How Long Does It Take to Make a Profit on a Rental Investment
By Virtual Homes Realty Monday, May 9, 2022
RETURN ON INVESTMENTROI is about how much profit you make as a percentage of what you spend to buy the property. You won’t be able to see that entire return until you sell the property, but you can calculate the rate of return you might expect.You’ll need to know the ...
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Ownership of residential homes is not limited to a specific age group. In the United States of America, nearly the owners of 33% of residential homes are below 30 years. Eighteen percent of houses are owned by people between 30 to 45 years of age. Owners of 29 percent of houses a...
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