Real Property Management Southwest Michigan Blog

Perhaps you’ve been a landlord for a few years, and you’ve had your fair share of terrible tenants, surprise lawsuits, and unexpected property damage. Or, maybe you’re thinking about renting out your home but you’re worried about all the horror stories you’ve heard about renters who don’t pay, pets that tear apart homes, and nightmares with fair housing laws and other regulatory hurdles.

Whether you’re moving out of your home to a new home or you’re relocating out of the area, selling the house you’re currently living in is only one of your options. Many homeowners find that renting out their property is a better idea. This may be especially true if you don’t think you’ll get the asking price you want, or if you plan to come back in a few years and you want to hold onto the asset.

Investing in real estate comes with a lot of potential to build wealth, but it also comes with a lot of risk. To increase your ROI and ensure you have a pleasant and profitable investment experience, make sure you’re prepared. Make sure you know how to evaluate potential real estate investments so you don’t find yourself making hasty or poor decisions on the types of homes you buy.

If you’ve done your research and you’re ready to invest in a Southwest Michigan rental property, it’s time to hit the ground running. Go out and buy that property!

When you leverage your real estate investment, you’re borrowing capital, or money, in order to pay for that investment. When you take out a mortgage to buy a property instead of paying for it in cash, you’re leveraging that real estate investment. It’s a valuable tool, whether you’re investing in one property or building an entire portfolio. However, it also comes with risk, so make sure you understand what you’re responsible for before you over-leverage an investment.

The capitalization rate, which most investors refer to as the cap rate, is the ratio of your net operating income to your property’s value. Understanding your cap rate can help you evaluate how your property is performing and also tell you whether a particular investment is a wise one to make.

At the most basic level, cash flow is the amount of money your rental property is earning for you. Today, we’re talking about what it means to you as an investor, and how you can increase the amount of cash flow your rental property earns.

Rental property tax deductions can be beneficial to investors who own homes. Most of the time, owning investment property is […]

If you find yourself wondering what to do with inherited property, you have two main options. You can either sell […]

Remote real estate investing can be fun and rewarding, especially when you hire the right property manager. If you live […]