Tips for Managing Rental Property

Managing Rental Property

Managing rental property. Tips for that can be something that can be highly sought after. We know that owning real estate can provide much financial security, freedom, and a sense of pride. However, with rental properties, and their multiple responsibilities, it can be far more than many owners imagine. For instance, tenant issues, contracts, and maintenance. Therefore, these can prove challenging and take much more time and effort. After all, a landlord can suffer legal and financial problems without proper preparation and knowledge. Whether you are a newcomer to owning rental properties … Continue reading...

Invest In Rental Property

Invest In Rental Property

These days, there are many ways to invest in rental property. Especially depending upon the region of the country. Buying a home can be full of difficult decisions. As housing prices climb, maybe even more difficult financial planning is needed. People are looking for a different way to help pay for their mortgage every month. Some are choosing a home with an attached rental unit. This might just provide the monthly bump that makes that payment a little easier to accomplish. Invest in Rental Property - What Is an Additional Dwelling Unit? What is becoming more common in … Continue reading...

Why Own Rental Property?

Why Own Rental Property

Why Own Rental Property? Why own rental property? Well, many people realize every April 15th that their house that they live in is also a great way to pay less taxes. After all, the interest on your home is tax deductible. But did you know that Congress has allowed tax codes for even better ways to save money on taxes by owning real estate?   Now then, before you only take my word for it, I am telling you something right up front. You should not make any financial decisions without contacting your accountant and attorney first. Let them tell you what their advice is. All I am doing … Continue reading...