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The key to success? Location, location, location. Here are the best places to buy rental properties in 2024.
Investing in rental properties and real estate isn’t just a question of whether or not you can turn a profit immediately.
Curb appeal isn’t just important for homeowners who want to make their houses look inviting to guests. It’s also important for landlords who want to attract more desirable tenants. The likelihood of attracting a higher income and long-term tenant increases with the more effort a landlord makes when it comes to the appearance of the home. This...
Depending on your ability to control the climate of your home, not much changes from summer to winter indoors. While temperature can be controlled year-round, the amount of sunlight your home receives depends on the time of the year and the position of the sun. Some plants will struggle in the winter while others will thrive. Here is a list of...
Is it acceptable to put a rug on your carpet? It’s not something you see commonly and there are many who would frown upon putting a rug over your carpet. It’s considered a common mistake made by college students and young professionals when it comes to decorating their homes. The one thing young professionals and college students have in common...
There’s more to consider beyond personal preference regarding home appliances in a rental unit. Depending on the type of rental unit, you probably aren’t getting the top-of-the-line appliances, but you also don’t want them to be so low-quality that they would be undesirable for tenants. You may not want to replace the appliances as well. If...
One of the most important decisions to make when becoming a landlord is to decide how much to charge for rent. At a minimum, you want to cover all of your expenses and at least break even. Real estate is a long-term investment and you don’t want to miss out on revenue by setting prices too low or too high. The clock is running and if you miss...
Once you’ve moved and all of your boxes and furniture are finally secured in your new home, the last thing you want to consider is any additional busy work. It can seem daunting to complete the move and turn the unit into your own home. Some tasks can be fairly quick and easy, and some can take a little longer but as you cross each one off your...
It’s easy to forget about cleaning the grout in your home, especially with how crunched people are on time. It’s also one of the places that can gather dirt the quickest because of its porous materials and the fact it is a natural crevice in the service. If you don’t wash the grout regularly, there’s a good chance it has already changed color...
As a tenant, it can be a little unclear when and how to submit a maintenance request. Issues you are having with your rental unit may not be as urgent or pressing for the landlord. This can lead to frustration for the tenant that the landlord has no interest in making repairs while the tenant may be prioritizing necessary repairs that are...
One of the downsides of renting a home is how limited you are when it comes to customizing your living space. There’s no tearing down walls or installing new windows. You can’t rip up the floors and install new flooring. When it comes to the interior of your rental unit, you pretty much live in it as is. There are a handful of minor changes you...
Carpet can be difficult to maintain. If you’re renting, you don’t have any say on what kind of flooring your unit has. This means you need to take care of the carpet on a regular basis because a landlord won’t replace the carpet unless it is absolutely necessary. This might not be as big of a deal if you’re in the unit for only one or two years,...
Rent has been steadily on the rise in Seattle for the last few decades. Even with the steady rise in rent, there were some ups and downs during and after the pandemic. But real estate is a long-term investment. If you’re a landlord, you’re not too concerned with the short-term movements in rent. So what does the current post-pandemic rental...
Over the last few years, the Seattle housing market has had its ups and downs. Well, mostly one down and one up during and after the pandemic preceded by decades of mostly upward trajectory. There’s a wide range of factors that can impact the housing market. Population growth, the local economy, interest rates, and restrictive zoning laws all...
Seattle has long been one of the most desirable cities to live in. Compared to other cities on the west coast like San Francisco or Los Angeles, the Emerald City has been a more affordable option. It also has plenty of high-paying jobs in the tech industry for those looking to advance their career. Because of this, the population has steadily...
During the pandemic, there was a nationwide departure from big cities. For the first time in decades, urban centers saw populations decline as residents moved away from the cities and into the suburbs. This led some to believe that this was the start of a long-term trend and that it would be the death of big cities. During the first year of the...
Seattle has long been one of the fastest-growing cities in the country. While the weather may not be as good as California's, it’s still very moderate and consistent compared to other regions in the United States. It also has a large and still growing tech industry with plenty of high-paying jobs. There’s a vibrant nightlife and music scene,...
When renting a home, thinking long-term about the maintenance of carpeting can be overlooked. This is because renters often don’t plan on staying in a home for more than a year at a time. With the low vacancy rates and housing shortages all over the country, tenants are finding themselves in leases for longer than they intended. This means the...
