When your tenants renew their leases, you have the opportunity to keep their rent the same or to increase their rent. If your operating costs have increased, it makes sense to increase your tenant's rent if they agree to sign a new lease agreement. When you write and send a rent increase letter, you want to make sure you do so in both a professional and friendly manner while following all local rent increase rules. [Read More]
Does An Accepted Offer Seal The Deal?
You take your time shopping for a house and find the one you want, so you make an offer. The seller than accepts the offer. At this point, you have an accepted offer on your hands, but does this really seal the deal? If you are in this position, it is important to know how this works and what must be done after the seller accepts the offer in order to seal the deal, and here are several things that must occur for you to close on the house and take over possession and ownership rights of it. [Read More]
How Buying A Luxury Home Can Make You Money
Are you currently looking through the local real estate ads for luxury single family home listings? If so, your primary objective may be to find a primary residence, but it's also understandable if you are debating whether a luxury home is worth the luxury price tag. While a luxury home will of course be one of the largest purchases, if not the largest purchase you ever make in your life, this also be an unexpected investment opportunity. [Read More]
What Size Home Should You Buy?
Homes come in all shapes and sizes, and one thing you should think about when you are purchasing one is what size to choose. There are always different sizes to choose from at any given point in time, but what size is really the best for you? To determine this answer, you should think about the following factors that can affect the decision to this question. Is this going to be your home forever? [Read More]