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 […]
Category Archives: For Investors
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 […]
Subdividing Land: The Process and Cost
Real estate investors by their very nature are a bit creative. They are always looking for ways to create and add value, be it fixing up a run down house or adding coin laundry to increase their income from an apartment complex. One creative technique that many investors may not even be aware of, however, is the subdividing of land. Subdividing […]
The Short Sale Process
We have been getting tons of emails and calls from local homeowners who need to sell their home but are finding out that they owe more than their home is currently worth and want to know what their options are. For owners who can’t afford to wait for the market to turn around, or those […]
Consider a 1031 Exchange When Buying and Selling an Investment Property
A strong real estate market brings opportunities for savvy investors, and over the past few years, Columbus and Central Ohio has proved to be just that. Low interest rates are fueling a significant number of large scale new developments throughout the city, as well as re-development in other parts of town. This combined with these low rates, and strong […]
Buying a Home for Airbnb Short Term Rental
Airbnb, which matches travelers with property owners who have a couch, a room, or an entire property to rent, has become powerful force in the real estate market. The company began in 2008 as an online platform matching budget travelers with people looking to make money from renting unused space in their homes. Today […]