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27
Apr

Hot Tips for Those Ready to Enjoy the Profitability of Investment Prop

Are you considering owning or running a rental? Trends indicate all is well in the world of investment properties and that things will stay that way for the foreseeable future. If you’re ready for your piece of the pie, there are a few resources to keep at your fingertips.

 

Choose a Location Wisely

Thanks to technology, it’s easier than ever to manage investment properties from afar. That means, as you select your rental location can be based on the market and the property itself, instead of mere proximity. Here are a few tips for finding an inspired property to call your own.

 

The Top 11 Property Features to Attract Tenants

Six Ways To Identify The Best Real Estate Investment Markets

 

Examine Financial Aspects

No one wants to lose money on their investment or, even worse, overextend themselves. Calculating where you stand financially, how much you want to invest, and how much you stand to earn is an important part of the planning process.

 

Real Estate 101: Financing an Investment Property

How Much Should I Charge for Rent: A Guide to Rental Rates

 

Rights, Responsibilities, and Regulations

You may not be a lawyer, but you’ll need to become familiar with local rental regulations in order to manage your property effectively and within the law.

 

What Are Landlords Responsible For?

Cities Find New Ways to Regulate Vacation Home Rentals

 

Professional Services and Associates

You can’t do it all alone. There are a handful of professionals you’ll want -- and need -- on your team if you want your investment to flourish.

 

Should I Hire a Professional Property Manager?

When Should You Hire a Real Estate Attorney?

 

Tools of the Trade

There’s no need to reinvent the wheel. Proven best practices, time-saving apps,  and easy-to-use templates from reliable sources allow you to work smarter, not harder.

 

Basic Rental Agreement (Free Sample)

The Best Property Management Apps

 

Business Resources

Successful real estate investors know that building a solid business model starts with the basics.

 

How to Create a Real Estate-Investment Business Plan: A Guide for New Investors

Click Here to Learn About Registering as an LLC

 

The world of investment properties is hot right now! If you’re ready for your piece of the pie, select your location wisely and prepare your finances thoughtfully. Get familiar with legalities, add some experienced pros to your team, and plug some tools into your toolkit. Before you know it, you’ll be ready for the profits to start rolling in!

 

If you’re looking for an inspired investment property, reach out to Dawn Peterson today! Call 818-943-1177

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Dawn Peterson

DRE02032202 Mobile: 818-943-1177 Office: 818-943-1177

Home Smart Evergreen

18860 Nordhoff St Suite 204
Northridge, CA 91324
818-943-1177