A Multi-Family Home

  • Property Management Advice: How To Winterize Your Properties' Irrigation Systems

    15 February 2016

    As a property manager, it is your responsibility to make sure that all aspects of the properties you manage are ready for the winter. Before winter really strikes, you need to make sure that all the irrigation systems at the properties you are in charge of have been winterized.  Consequences Of Failing To Winterize Your Irrigation System To start with, you need to understand the consequences of failing to winterize your irrigation system.

  • Tips For Making Sure Your Tenants Pay Their Rent On Time

    15 February 2016

    Being a property manager can be a lucrative business if you are good at managing the cash flow of your tenants and collecting rent. In fact, one of the biggest deciding factors in whether or not you are a successful property manager is your ability to collect rent. Unfortunately, tenants may or may not be the most fiscally responsible people. For this reason, it is up to you to find ways to make them pay the rent on time if you want to be a successful property manager.

  • 3 Ways A Multifamily Home Will Save You Money

    12 February 2016

    Whether you are looking at apartments, condos, or duplexes, there are several ways that buying a single unit in a multifamily home will reduce your long term investment costs.  Heating and Cooling Costs  Since you will share either a wall or a floor or ceiling with another unit, your heating and cooling costs should be naturally lower. This is because the other unit acts as a large insulation barrier to the outdoors.

  • 3 Specialty Inspectors To Hire Before Purchasing Your Next Home

    12 February 2016

    Investing in a home with serious flaws could be costly. If you are in the market to purchase a home, you likely know that a home inspection can play a crucial role in identifying major problems that could cost you a lot of money to repair in the future. In addition to hiring a licensed home inspector to give a potential property the once-over, it can be beneficial to invest in specialty inspectors as well.

  • Three Tips For New Home Buyers

    11 February 2016

    Buying a home can be an exciting process, but the learning curve can be very steep. Purchasing a family home can easily be one of the largest purchases you ever make, so it is important to take the decision slowly and consider all aspects. Once you have weighed the pros and cons and decided to go forward with the purchase, the process may take a while. You have to get approved, find a home, and sign the papers.

  • Is An Adjustable or Fixed-Rate Mortgage Best?

    10 February 2016

    When it comes to investing in a mortgage, it can be a scary thing if it is the first time. A mortgage can be a great thing as it allows you to buy a home even when you don't have the full amount to cover the payment. Once you have chosen the house you want to purchase, it is time to apply for the mortgage loan. Here is where the choices can be mind boggling.

  • 2 Ways To Attract And Keep Great Tenants In Your Apartment Building

    10 February 2016

    As the owner of an apartment building, you have to walk a fine line between doing everything you can to make a profit on your property while still providing excellent tenant services in order to attract the right kind of tenants to your building and keep them there. Your tenants have a lot to do with your success as a building owner, so it is in your best interest to act fairly and positively toward them.

  • 4 Tips For First Time Home Buyers

    10 February 2016

    When your in the position to buy your first home, it is normal to be excited and anxious to get into your house. But the buying process can take some time, and the best thing a first time buyer can do is be prepared to look at a number of homes and then be ready to put in an offer when the perfect house is found. If you are a first time home buyer, use the following tips:

  • Four Reasons To Hire Professionals To Repair Carpet Damage

    9 February 2016

    Damage to the carpet in your home can be upsetting because it ruins the aesthetic value of it, which can also decrease home value as well. When you have any damage to the carpet in your home, you may consider repairing it on your own. However, there are several reasons to consider hiring a professional instead. Here are four major reasons for this: Do it Yourself Repairs Can Lead to Further Damage: First off, attempting to make repairs on your own can often lead to more damage done to the carpet.

  • Considering Going With A Condo? Check Out These Reasons Why You Should

    9 February 2016

    Condos are a great investment for those looking to purchase a place of their own. However, many people aren't sure if they can provide them with everything they need. If you are finding yourself torn between buying a condo and renting an apartment, here are a few things you need to consider first. Payments One of the best parts about purchasing a condo is that you don't have to worry about your mortgage payments going up every year.