May 6, 2022

No matter how long you have been a landlord, a sure way to fail is to disregard or be unaware of your property’s Fair Market Rental Value. If you get it wrong, you risk vacancies or leaving money on the table. Nevertheless, you can maintain a profitable occupancy rate and fill your units with high-quality tenants if you get it right. What is Fair Market Rental Value? Fair Market Rental Value...

March 18, 2022

As a landlord, screening prospective tenants is crucial since it helps you avoid destructive tenants, high turnover rates, and evictions.  Although the process may take some time, properly screening your tenants saves you money and minimizes annoyances in the long run.  Using this guide to screen potential tenants will give you a clear idea of what to expect from them as a renter, so you...

December 9, 2020

  Buying a home is a huge commitment and can be a confusing process, especially for first-time homeowners. Ensuring that you get the best mortgage rate may seem like a difficult task; however, it can be made simpler if you ask yourself the following questions. 1. Fixed-Rate or Adjustable-Rate Mortgage? In the case of fixed-rate mortgages, the sum of money that you pay towards principal and in...

September 25, 2020

Buying your first home can be wonderfully exciting; however, this process can be full of apprehensions too. After all, in such situations it is quite easy to get caught up in the moment and make mistakes that you will end up regretting later. Listed below are some common errors most first-time home buyers make, and how you can avoid them. 1. Searching for a home before applying for a mortgage Mor...

October 15, 2019

Many individuals think that refinancing their home is easier than buying a house; however, it may not always be that way. Why do you want to refinance? This is the first question you must ask yourself before you go about the process. Certain individuals refinance with the aim of lowering monthly interest payments. However, by refinancing with another 30-year full-term loan, they often end up incr...

April 5, 2018

If you're looking at buying a house, apart from your credit score, there's one more metric that plays a very important role: your home insurance score. A credit score helps lenders determine the probability that a borrower will pay back his mortgage. On the other hand, a home insurance score is used by insurers to determine the likelihood that the insured will file a claim during the term of the ...