In This Article Selecting, validating, renovating, and managing a successful rental property requires specific skills, local knowledge, processes, and resources. The only source for what you need is a local investment team. Without it, you are merely guessing. The Most...
In This Article Key Takeaways Commercial spaces are set to convert into 151,000 new apartments this year, up from 122,000 last year.Hotels are leading the way for conversions in destination cities like New York and Los Angeles.11% of offices are...
In This Article The two largest expenses for most households are housing and transportation. In fact, they account for over half of the average household budget. The BLS Survey of Consumer Expenditures found that in 2022, the average household spent 33.3% of its budget on housing...
You’re working hard to build wealth, but without estate planning, your assets could easily land in the wrong hands, causing your family a great deal of trouble. No one likes thinking about their death, but you NEED to tackle this...
One of the biggest hurdles to rental property investing? High down payments. Most lenders want you to come to the table with twenty to thirty percent down, but with home prices averaging around $400,000, it might not be easy to...
In This Article This article is presented by Walker & Dunlop. Read our editorial guidelines for more information. If you are, or thinking about, investing in commercial real estate, what should you know about the commercial real estate market right now? Well,...
In This Article Key Takeaways Distinguish between rehabbing (repairs for safety and regulations) and preparing (beautification for appeal) a rental property.Thoroughly inspect and address issues in each room and the property's exterior before renting.Screen tenants, understand laws, create a rental...
If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks....
Your rental properties are sitting vacant—what do you do? Do you sell or lower your rent price to spark some interest? Will reducing your rent open you up to bad tenants? We’re getting into exactly what you should do in...
Imagine living in a home where your next-door neighbors are your best friends or family members. We know you’ve thought about it before—starting a compound with all the people you love, everyone helps each other, watches each other’s kids, the...
