For lifelong real estate investors, the 1031 exchange can be the trick to help them save on taxes and build significantly more wealth. This post is the road map to making this happen.What is a 1031 Exchange?If a landlord decides to sell a rental property at some point, they will need to pay taxes on that gain. Now, this might not be a bi...
The future of rental properties is being revolutionized by electric vehicle charging. As electric cars become more popular, rental properties are beginning to adapt to meet the needs of tenants who own electric vehicles. By providing electric vehicle charging stations, rental properties can not only attract new tenants, but also help the...
As a property owner, selecting the right Atlanta property manager can be a challenging decision. It is important to find someone who understands the Atlanta market, has the experience and knowledge to manage your property and maximize its value, and provides excellent customer service. With the right property manager, you can maximize th...
Owning rental property is an excellent way to build wealth while generating passive cash flow but the reality is that conflicts and disputes among tenants will come.Thankfully, you can easily handle those situations yourself simply by following these tips.CREATE AND ENFORCE A STRONG LEASE AGREEMENT Any time there’s a problem t...
Having an occupied property rented substantially below market price is a problem that’s afflicted many real estate investors. Every month a property is rented below market rate is lost money (or at least, the opportunity cost of lost money). Yet, jacking the rent up will likely lead to a vacancy and even more lost rent, at least in...
Are you planning on investing in Atlanta area rental properties in 2021? If so, adding real estate to your investment portfolio is a smart thing to do because it's going to help you to generate consistent monthly cash flow while building wealth.In this article we will share with you several things that you can do to ensure that you w...
Landlords have rights, even though they sometimes seem like the bare minimum. Let’s briefly discuss some of those rights.1. The right to tell a tenant how clean to keep the houseA landlord has the right to ensure a certain level of cleanliness in the rental unit. It’s within a landlord’s right to require that tenant...
Investing in Accessory Dwelling Units (ADUs) is becoming increasingly popular for real estate investors, especially in areas with high housing demand. These housing units are small, secondary dwellings that are attached or detached from a primary residence. They offer additional living space, often for renting out or for a family member ...
The average rental price for a one-bedroom apartment in the city now stands at $1,379, according to an estimate from Apartment List. This estimate is down one percentage point from this past June, but still looms 25 percentage points higher than the city’s average rental price recorded in 2020. The current average still stands two ...
It doesn't matter if you just purchased a new rental property, or you’ve own investment properties for years, the most important thing that you have to do as a landlord is to determine how much you should charge for rent.This is one of the keys to success as a landlord because, if you ask too much for rent, you could find that ...
