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You want the best for your tenants when you buy a rental property. But you're putting them in jeopardy without a formal property assessment. Protect your tenants and your finances by hiring a professional. Homes can have countless problems beyond what's seen at first glance. Leaks, HVAC issues, and piping problems can contribute to disasters. Some unseen home problems can even be dangerous. Your property is a long-term investment. You'll want it to have resale value someday as well. A property inspector can help you protect those desirable outc…

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There are 18.9 million vacant homes across the U.S. A vacant rental property means money that you're losing out on. To help ensure that your property isn't one of the ones left empty you're going to have to make sure it looks appealing to potential tenants. Sometimes that means investing in property improvements. To find out which ones to make to help increase your return on investment keep reading. The Roof An aging or damaged roof can cause a rental property to look poor and keep potential renters away. But that's not all, neglecting an alrea…

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Today, more people are renting homes than anytime before 1965. If you’re on this trend, then it is important to consider which type of lease is right for you. A short term lease can provide flexibility, a home away from home, and extra services. However, there are disadvantages as well. Keep reading to learn about the pros and cons of short-term renting. Pros Here are the top three benefits to leasing short-term. 1. Time and Flexibility If you are moving to a new city and need time to explore the neighborhoods, commute times, and housing market…

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You’ve lived in your single family home for years. But recently, your family’s grown. You need more space and decide to sell your house. But between the agents, the banks, and ever-changing market trends you may find yourself asking “where do I begin?” The answer is with a property valuation report. A property valuation report estimates the worth of your home both in the current market and over the long haul. Read on to see why you should always get one. It Helps You Know Where You Stand As the house’s previous owner, you’re naturally going to …

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For the majority of families who own any assets or wealth, their home is their biggest asset. When people build wealth at a younger age, one of the first things they eliminate from their budget is the cost of rent. By paying a mortgage instead, you get to start building wealth regardless of your family home plans. The biggest regular expense for most families is whatever they pay to cover their housing costs. For many people in cities, this is the cost of rent because houses are prohibitively high. All over the country, people are renting for t…

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