What You Need to Know About Insurance for Your Rental Property Property insurance isn’t legally required in North Carolina. If you’re financing your property through a mortgage company, you won’t be able to move forward without it. Even if you’re paying cash, you probably don’t want to end up losing your entire investment if tragedy […]
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[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_image admin_label=”header Image” _builder_version=”3.4.1″ src=”https://www.oakcityproperties.com/wp-content/uploads/2017/06/oak-city-properties-Frequently-asked-questions.jpg” /][et_pb_text _builder_version=”3.4.1″] What Services Should You Expect When You Hire a Property Management Company Purchasing a Raleigh rental property in can be an overwhelming experience. Once you’ve worked your way through it and had a bit of a chance to breathe, you may find yourself overwhelmed again as
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[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.4.1″] Just like your own home, your rental property is subjected to daily wear and tear that takes its toll on its overall condition over time. We’re not talking about major, costly damage that must be fixed so the property can be considered habitable. Instead, these are minor, inexpensive fixes that can
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[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.4.1″ text_font=”Arial||||”] So you are trying to decide if to hire a property management company. Acting as your own property manager creates a lot of work to be done. From marketing the property, to selecting the right tenants, handling maintenance requests, to filing eviction notices, there is always a task sitting on
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[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.4.1″] Is property management something you want to do full time, or is it a side venture? Have you considered everything you would face in leasing out rental property in the Raleigh area? Professional Knowledge How well do you read and comprehend laws and town regulations? North Carolina General Statutes, chapter 42
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If you are a landlord, chances are you have heard a lot about the new tax bill that was passed in 2017 under the name “Tax Cuts & Jobs Act”. There have been many opinions, conspiracies, fictions and confusion by landlords across the country as they grapple with how the tax bill will affect them
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For many property managers or landlords, security deposits act as a fail proof way to protect their real estate investment against poorly behaved tenants and any accidents that may occur while they are living in the property. Did you know that North Carolina law governs the amount of tenant security deposits, how and where they
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There is nothing like moving into a great new place. It’s a better commute, near all the great hangout places you enjoy, and you seem to have a good rapport with the landlord. Now about that last part, it is a business relationship. You need a place to live and the landlord is trying to
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Why You Should Have Title Insurance for Buying Raleigh Rental Homes If you would like to rent houses in Raleigh, you first need to buy them. Buying homes for rent in Raleigh is more complicated than buying personal property. If you buy a toaster, a television set, or a T-shirt, it is very unlikely that anyone
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[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.4.1″] Raleigh, NC has been receiving plenty of accolades in recent years, touted for its climate, jobs, and quality of life. One of the fastest growing cities in the U.S., it’s also a hot market for real estate, but if you’re a first-time owner of investment property,
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