Know your rights—and the tenant’s, too. Whether you’re looking to take advantage of a seller’s market or simply tired of landlord life, there are plenty of reasons you might need to sell a tenant-occupied property. Sure, it’s your house to sell, but having renters does affect the process. Violating lease agreements or upsetting a tenant could […]
Category Archives: For Investors
How To Determine Real Estate Investment Property Value
The very first thing for an real estate investor to do when a potential deal is presented is to run an independent valuation, also referred to as “underwriting the deal”. There are three standard approaches to valuing a piece of investment real estate: comparable sales approach, replacement cost approach, and income approach. Comparable Sales. This […]
What Is A Probate Sale
If you’re an active real estate investor, at some point you’ll likely come across a probate sale. Properties sold through probate can be a good deal, as they’re often priced lower than other comparable homes, however, there are risks and probate sales often take longer than traditional real estate transactions. As a result they aren’t popular […]
Guide to Reverse 1031 Exchanges
There are many reasons why you might find yourself in a position where you must acquire or would prefer to acquire your like-kind replacement property first before you sell your current relinquished property in your 1031 Exchange. You might unexpectedly find an investment opportunity that you must act on before you even have time to […]
Disputing Your Property Tax Assessment – Reducing Your Tax Burden
Think your property tax bill is too high? If so, it might be a good time to check on your assessment! The county assessment is the basis from which property taxes are derived and the groundwork for your tax bill. In Ohio, county auditors are required to do a full, general reappraisal once in every […]
The Controversial Process That Could Save You Major Eviction Headaches
Cash for Keys is a controversial process. Cash for Keys is the strategy of giving your tenants money to surrender keys and vacate the property, avoiding the eviction process altogether. We have used this technique a couple of times over the years and found great success. However, before throwing money at your tenant, let’s talk […]
Investing in Real Estate: How to Diversify Your Portfolio
Andrew Carnegie—founder of U.S. Steel and one of history’s richest men—once observed, “More millionaires have been made through owning real estate than through all other industrial investments combined.” Owning real estate investments remains one of the most effective means of growing one’s wealth. But to fully take advantage of the opportunities the real estate market […]
What’s My Home Worth? Real Estate Valuation Tools
This article explains the four most common valuation methods used for real estate and property transactions, including how and when they are used. It’s important to note that the methods below are not necessarily mutually exclusive. Homeowners, lenders, mortgage servicers, investors, and other professionals use one or more of these valuation methods, depending on circumstances […]
Should You Hire a Management Company or Self Manage Your Rental Property
Taking a Closer Look at the Benefits of Both Property Management & Self-Management Most property owners get into the rental property business to boost their retirement savings, replace their nine to five job, or to simply increase their income. And, to say that most property owners want to do this passively is an understatement. The […]
Why Investors Need to Make Rent Raises a Part of Their Strategy
Landlords should always raise the rent. The rent should be raised every year. Real estate investors shouldn’t be stumped on the question to lift the rent each year. There are too many reasons that you can’t afford not to do it. To begin with, you must cover your own expenses. Your costs will almost invariably […]
