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How to Deal Responsibly With an Early Termination as a Landlord
So your renter wishes to terminate the lease earlier than planned. So, what now? They signed a formal agreement that ties them to the conditions, including the need to pay rent until the move-out date stipulated by you, the landlord. However, just as the lease...
5 Tips to Increase Your Rental Property’s Value
Are you trying to maximize your rental property's value to make more money out of it? You're not alone. Many other rental property owners are looking for more innovative ways to motivate their tenants to pay just a little more to stay at the property. Increasing the...
Why You Should Hire a Property Manager for Your Rental Business
When you own a rental business, you want to make sure you’re making the most out of it so that you can always look forward to a constant flow of passive income. It doesn’t matter if you’re running one property or multiple buildings—you have to distribute your...
4 Things You Need to Know About Buying Foreclosed Homes
In times when it’s hard to find good deals when buying a house, you’re going to have to find other options that are far more affordable, especially if you’re on a tight budget. Orlando foreclosed homes for sale can either be a hit or a miss, but they’re significantly...
What You Need to Know About Real Estate-Owned Properties
If you want to buy a home but are looking for cheaper selections, real estate-owned properties are perfect for you. In addition, this nontraditional listing option is great for buyers looking to purchase a property that won’t exceed their budget. Understanding REO ...
A Comprehensive Guide to Buying a Bank-Owned Home—Part 2
The ownership of real estate-owned (REO) properties is transferred to banks and lenders if the previous borrowers default on their mortgage.Because of this, the lenders are inclined to price these homes at market value to offload their REO inventory. Purchasing or...
A Comprehensive Guide to Buying a Bank-Owned Home—Part 1
Banked-owned homes are commonly known as real estate-owned (REO) homes offered by banks or lenders. Ownership of these REO properties has reverted to the bank or mortgage lender because the previous borrower defaulted on their mortgage. Once the lender has repossessed...
Things to Consider Before Buying a Foreclosure
Foreclosures are homes or properties seized by a bank or lender because the borrower could not accomplish their end of the deal. Not many are aware of this, but there’s been a lot of foreclosures in the past few years. A recent study stated that there were 214,323...
How to Start and Manage Your Home as a Rental Property
Owning a house can give you a special kind of security. But aside from having a home to live in, you can also turn it into a source of income. If you consider starting a new business that does not require too much labor on your end, property rental is the way to go....
3 Reasons You Shouldn’t Self-Manage Multiple Properties
Gaining financial stability is really what we all want to achieve as we reach adulthood. Because let’s be honest, sometimes a paycheck just won’t cut it. And although you could feel quite comfortable now, who knows what the future has in store for your financial...
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