I love the month of June. It stands for so many things…beginning of summer, end of another school year, vacations, sun, summer romance, and the busy rental season. Last night my neighbor chased me down the street as I was walking my dog; her daughter and four of her best friends...
I recently met with my clients, Jen and Derek to discuss the purchase of investment properties. I love those discussions. There’s nothing better than seeing people light up as they envision the benefits of building wealth, diversifying their investment portfolios and achieving financial independence. Most long-term investors are looking for either...
I’ve been a tenant. I paid my rent on time every month. When I finally decided to purchase my first home, I realized my perfect rent-paying record had not helped my overall credit score. I remember the feelings of frustration mixed with fear that it would be eternity until I...
Not too long ago, I asked my friend Jason why he was still renting and had not bought a property yet. I know he can afford to buy and according to most housing statistics, he should have already traded up from his first home to the next bigger one. But...
What You Don’t See on HGTV A recent episode of HGTV’s Property Brothers featured a young couple purchasing, renovating and flipping a home all within the 30 minute show. In reality, it condensed about 45 days of real life work into a half hour of entertaining TV in order to showcase...
With the right strategies in place, investment properties are not only a great source of steady income but have the potential to bring you handsome profits down the road. Here are seven important ways you can set yourself up for success and gain the most value from your investment: Invest in...
At least once a week, an agent will ask about the credit score of an applicant so their homeowner can decide whether to accept the application or not. Truthfully, even after all these years, I am still surprised not only by the actual question but the emphasis people place on...
For many owners, employing a property management company is not just a financial decision but an emotional one as well. Entrusting your home or investment property to others can be a difficult decision, especially to those moving out of the area. One of the biggest concerns landlords have is handling...
As part of our property management services, all of our owners and landlords receive 1099 forms every year along with their personalized ledger report itemizing each expense and income. Why is this important? Because most landlords do not take advantage of all the tax deductions that they might be able...
The most common question consumers are asking about credit scores - How does a score get calculated? There are 5 main factors: 1. Payment History - equals about 35% of the overall score. Any late payments in the last 12 to 24 months have the biggest impact. A 30 day late today...