As a landlord, you have quite a few property management software options to choose from, each of which takes a slightly different approach to tackling your rental business needs. Figuring…
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Tips, tools, and news for rental investors.
Home purchases fall through at the highest rate in Q3 2023
Orphe Divounguy of Zillow starts this week by reporting that new housing starts and permits barely increased in October as builders remain cautious amidst high-interest rates. Housing permits issued in…
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Apartment rent set to decline in 2024
Redfin released its monthly data showing that nationwide rents remained flat in October, sitting at $1,978, a year-over-year drop of 0.3%. This is down 3.7% from the $2,054 record-high set…
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This lawsuit may upend agent commissions
A federal jury in Kansas City last week in the Sitzer/Burnett case found the National Association of Realtors (NAR) and other national brokers guilty of “colluding to inflate real estate…
Get ready for more office-to-residential conversions in 2024
The White House last week announced several initiatives to encourage more office-to-residential conversions across the country. Here are some of the highlights from the announcement: The Department of Transportation (DOT)…
25 important questions to ask your potential tenants
Not vetting rental applicants properly could mean getting stuck with a troublesome tenant for the length of their lease (or longer). Imagine dealing with constant late rent payments, property damage,…
5 best alternatives to QuickBooks for rental property
Landlords using QuickBooks(R) to manage their rental property accounting sometimes find that it’s not the ideal option for their business. What if there was a tool that handles your financial…
An overview of Schedule E rental income for landlords
Accurately reporting your rental income is an important part of tax law compliance and also helps paint a clear financial picture of your rental business. Misreporting, intentional or otherwise, can…
Meet the 8% interest rate, it’s here to stay say experts
Ana Teresa Solá of CNBC reports now that the average 30-year fixed mortgage rate hit 8% for the first time since 2000. Now, the typical homebuyer must earn $114,627 to…