11 Unexpected Benefits of Using a Property Management Company
Asheville, NC is a renters' city, with 49% of households in the area renting; there is no better time for real estate investors in the area. While you could certainly handle your properties yourself, you may have multiple rental homes across town. It is easy to become overwhelmed by attempting to manage everything.
How to Have a Pet Friendly Rental AND Keep It Nice
In the US, more than 68% of households have at least one pet, and with 44 million renters, that means more than likely that you will be marketing to pet owners. If you own a rental property, it is important to understand the connection between a family and their pet. By allowing pets, you can increase your pool of potential renters.
All About Rental Management
Owning rental properties can be a very rewarding business venture. When operated correctly, rental properties can provide a landlord with a decent ROI which can be reinvested into new properties, snowballing the possibilities of building wealth in our current world.
What’s the Process If Your Tenant Doesn't Pay?
Sometimes owning a rental property isn't always roses. When irreconcilable issues come up between you and your tenant, it is important to know the laws to ensure that you are not breaking them, especially when your tenant refuses to pay rent.
How Crime Rates Affect Rental Investments
So you have found the perfect rental investment in Asheville, North Carolina. The price is right, it's near downtown, and it only needs a few things to bring it up to what the market is looking for. With the influx of money and newcomers to the city, there is no reason it won’t command high rents. But will it?
Many times real estate investors will look strictly at ROI and the balance sheet and think, “this is the perfect rental investment.” What happens if that perfect investment is in a crime-ridden neighborhood? How does the crime rate affect your return on investment and overall marketability?