Asheville, NC, is experiencing a rental boom, and now is the time to put your property on the rental market. With the influx of adventure lovers, craft beer and wine enthusiasts, and art fanatics, people are willing to pay top dollar to live in our wonderful city.
However, while it may seem to be a piece of cake to be a landlord, it requires lots of work and a solid business mindset. Making sure that you are making enough ROI on your property while maintaining a solid relationship with your tenants is the key to success.
With all of that said, there are a lot of mistakes that can be made as a landlord, and these common mistakes can often be avoided.
If you are like us, you are absolutely in love with the mountains in and around Buncombe County, North Carolina. With the siren call of good craft beer, immense natural beauty, and an incredible art scene, people flock to the area more than ever. The rental market is competitive, but because of the demand, it is generating opportunities for property owners across the board.
However, as opportunities arrive, there are several vital things that property owners should have in their back pockets. Regularly scheduled rental inspections are one of the most important things that you can do to maximize your ROI while building rapport with your renters. Here are a few things to look for while performing a rental inspection.
Owning single-family and multifamily properties in Buncombe County is a great pathway to financial freedom. With all of the growth in the Asheville area, it only makes sense to begin investing now and begin a journey into real estate investment. Asheville is booming, and the towns and hamlets throughout the Asheville metro area are also seeing increasing growth.
But, when you have properties for rent and are struggling to find tenants or best manage your property, sometimes it is best to leave it up to the professionals. Rental management companies are a great asset as they use their expertise and team of professionals to manage the important facets of owning leasable residences.
You may have no clue what exactly a rental management company does, a question that could cost you quite a bit of time and money. By the end of this post, you will have a better understanding of what a rental management company can do for you to make your life as a real estate investor easy.
Real estate is hot in Asheville, NC, and the rental market is no different! With access to outdoor experiences, an incredible craft beer and wine scene, funky music venues, and beautiful art galleries, there is no question that Asheville is a desirable place to live.
As a landlord in Asheville, NC, you may be asking what you can do to maximize ROI (return on investment) on your rental properties while maintaining a healthy relationship with your tenants. One great way to do this is by making sure that you are checking up on your property by performing a mid-lease inspection.
Even though Asheville is protected from the surrounding mountains, North Carolina winters can still be extremely unpredictable. That is why it is extremely important for landlords in conjunction with a good property manager to take steps to prepare their property for anything the weather can throw at it.
From sharp drops in temperature to snowfall and freezing rain, it is imperative that you protect your property with proper winter home maintenance to help secure the longevity and safety of your home for years to come.
Don’t get overwhelmed, because we are here to help. Here are eight steps to ensuring that your property is properly prepared for the winter.