Real estate is a hyper-local business, and your photos should help you sell your expertise in your market. Prove that you're a specialist in everything from the architectural style of homes to the natural scenery and popular hot spots by getting extra mileage out of your listing photography. Repurposing your listing photography investment can save you money on an independent lifestyle shoot. Ask...
Real Estate
If you own real estate and decide to lease it out to someone else, then congratulations: you are now a landlord in the eyes of the law. Whether you lease out a single family home or apartments in a multiplex building, there are many landlord responsibilities that come with the territory.Some duties seem clear, like collecting rent or finding tenants for a vacant unit. Others, however, may be less obvious....
Being in the vacation rental business since 2000, I've interacted with thousands of property owners and managers. Many of our larger customers started by managing their own rental property. After finding success there, these owners often begin their expansion by helping a family member manage their property, or by purchasing a second or third property. Over time, I've seen these owners grow into small and...
If you're purchasing a property with the sole aim of renting it out or selling it for a higher price, it can make for an excellent investment—but buying an investment property does have its pitfalls. For instance, if you fail to follow the No. 1 rule of real estate—location, location, location—you can suffer significant losses. Diversifying your investment portfolio can also be much more difficult...
Seventy-five percent of Americans believe their local housing market is "cooling off" following five consecutive quarters where most viewed it as “overheated,” according to the results of ValueInsured's Q4 2018 Modern Homebuyer Survey. In those states where homes are selling at a rapid-fire pace, 22 percent of residents in California, 19 percent in Colorado, 36 percent in Texas and 22...
It's no secret that the millennial generation of homebuyers, especially first-time homebuyers, is facing big financial roadblocks compared to previous generations. As an agent, one of the key characteristics of millennials you need to understand is they have unfavorable debt-to-income ratios. Many of them also have bad credit scores. This can affect interest rates they qualify for, possible extra points a...