Experts had predicted that Millennials would be the renting generation; however, 2015-2016 numbers are proving quite the opposite. According to U.S. News — millennials, who are currently between ages 25 and 34, make up the largest share of homebuyers at 32 percent. As Millennials look for opportunities to build personal wealth they are turning steadily…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
It’s critical to place and keep a good tenant quickly. We have some ideas on how to avoid long vacancy periods with your own rental home.
Mark-to-Market Accounting is assigning a value to a financial instrument or asset, based on current market price or the fair-value of the asset. The term originated with futures trading a century ago. When taking a position, a trader, would deposit money on the margin to protect the Exchange against loss. At the end of the…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
Most people who want to invest in real estate start off with single family residential properties. They do this because they are more familiar with residential property, and the thought of owning commercial property is scary to the new investor. I know investors who own multiple single family residences. However, because of the high maintenance…
Decorating a home for the holidays takes on a new meaning once a person learns that family members are planning to visit. No one enjoys finding themselves scrambling, at the last minute, to come up with decoration ideas. As a guest’s arrival date gets closer decorating the entire house becomes less of an option. What do you do…
Halloween is the one time of year we like being a little scared. However, when it comes to buying or selling a home, no one wants any real-life frights. As the nights get cooler and pumpkins pop up on porches, here are a few ways to keep your real estate plans from turning into a…
It’s tempting to want to manage your own investment property. New investors often have an emotional attachment to their homes, and if you’re renting out a property you once lived in, you have an interest in making sure it’s occupied by a perfect tenant and well-maintained. Managing your own rental home can be challenging, however….
It’s the end of 2006. In the Land and Timber real estate market, this year started out good in the first quarter with a high amount of land sales in all categories: Timber real estate tracts, Recreational tracts and Farm/Agricultural land. The second and third quarters didn’t go as well, due to severalfactors. Whenever there…
