A rental property pro forma is a comprehensive document that projects the income and expenses of a particular property. It typically offers the prospective buyer a crystal-clear picture of their…
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Tips, tools, and news for rental investors.
Low housing supply to keep prices elevated into 2025
Jeff Cox of CNBC reports on U.S. GDP growth, highlighting that in Q1 2024 it increased at a 1.6% annualized pace when adjusted for inflation, according to the preliminary read…
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Homeowner preferences are changing
A new report from ATTOM Data Solutions shows a steady increase in commercial foreclosures, from 141 in May 2020 to 625 in March 2024. California had 187 commercial foreclosures in…
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How to depreciate improvements to your rental property
Improvements to a rental property benefit you in multiple ways. In addition to increasing value, they offer several tax benefits you may not have considered previously. However, an improvement is…
The 10 best sites to advertise a rental property
Filling a vacant rental property can sometimes feel like a race against the clock. With each passing day, an empty unit means lost revenue. Quickly finding a quality tenant requires…
Single-family home construction rises in spring 2024
Robby Brumberg and Michael Dempster of Consumer Affairs report on new housing construction, noting that in February 2024, the U.S. Census Bureau estimated that 126,417 building permits were issued for…
Deducting lawn care for rental property: Tax rules explained
Can you shave dollars off your tax bill by deducting the cost of keeping your rental property’s lawn pristine? The short answer is yes; however, there are a few conditions.…
Here’s how long each step of tenant screening usually takes
Generally, tenant screening can take a few hours to several days. It’s not set in stone because the time frame may vary due to several factors, such as the applicant’s…
Anti squatter laws in the US expanding
Anti-squatting legislation is growing among various states, starting with Florida and Alamaba. According to Charles Creitz of Fox News, a rare bipartisan bill was recently passed that significantly reduces the…
