A Play-by-Play on Deciding Your Monthly Rental Price Nailing the pricing equation to maximize profit is key when setting your rental property rate. While there is no simple mathematical formula to determine your rental price, there are a few components that can help you to get a ballpark estimate on what to charge each month. […]
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Answering the College Rental Market Question We all know that fall is the best season in Raleigh. From hoodies and flip-flops to the crisp mornings followed by sunny afternoons, it really is a great time to be a southerner. Fall is also the season that brings all the college students back to the area. An
Is the College Rental Scene Right for You? Read More »
Supply and Demand at Its Finest Don’t be in a rush to off-load your rental properties. Raleigh is still a happening place, and the real estate market is going crazy! The latest data from Zillow shows that Raleigh’s current median home value is roughly $297,861 with the home prices appreciating by an average of 5%.
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Getting Paid on Time As a landlord, the most significant factor in managing your cash flow is to collect the rent on time! While being a landlord isn’t just about getting paid, consistently collecting the rent payments each month is one of the most important things when owning one or multiple rental properties. When dealing
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Things to consider when adjusting rent prices To increase rental rates or not to increase rental rates…that is the question! A long-standing question that should warrant a good amount of consideration before answering. If you find yourself questioning whether to increase rental rates once a tenant’s lease is up for renewal, you should really take
Increasing Rental Rates: Is it a good idea? Read More »
Building Rental Relationships Long-term tenants are a great way to keep your cash flow positive, and your rental property vacancies down. When dealing with rental properties, a low turnover rate significantly eliminates the work needed to be done as a landlord. Take a look at these three simple ways to attract tenants to stay for
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Realtor Tips for Selling Your Home in Raleigh Deciding whether to sell or rent out your home can be a complex decision in today’s unpredictable housing market. In this article we discuss the main things you need to think about before you sell your home in the Raleigh real estate market. Why are you selling?
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3 Reasons Why You Should Buy a Second Rental Property in the Same Neighborhood The Benefits of Buying Within a Neighborhood Once you start making a profit on your first rental property, it can be addictive. Who doesn’t want to make more money? This is especially true if you’re counting on a rental property to
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When is the Right Time to Buy a Second Rental Property? What to “Know” About a Second Rental Income Buying a second rental property is a big decision. A second rental income is a great way to increase your profits and provides an opportunity to diversify your rental portfolio. On the other hand, placing yourself
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How Much Should You Charge for Rent? Deciding Your Rental Income The key to landlord success begins with setting a competitive and profitable rental rate. While it is tempting to be aggressive when it comes to charging rent, setting a rental rate that is too high can be just as bad as buying the wrong
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