Are Multi-Unit Properties the Right Move for You?

Real estate isn't a one-size-fits-all pursuit. Buying and renting multi-unit properties is one of the ways investors build residual income while increasing their property portfolios. However, multi-unit rentals come with some unique challenges. Are you ready to manage a multi-unit rental property? Ask yourself these questions to help you decide which path best fits your resources, goals, and interests. Do You Plan To Live On The Property? Living in one of your rental units offers a myriad of benefits. First, you get to keep a close eye on building conditions and the actions of your renters. Next, you'll be able…
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When Is The Best Time To Do Your Roof Maintenance?

Perform roof maintenance on sunny days when there's less chance of slipping. Blocking off a weekend twice a year gives you plenty of time to complete the items below without rushing or taking unnecessary risks. The beginning of spring and fall present the best opportunities to complete your maintenance before the weather turns too hot or too cold. Loose Debris Removal Remove leaves, branches and accumulated debris before winter sets in. Set up a ladder, preferably with another person holding the ladder steady, and clean off as much debris as possible without risking your safety. General Inspection Start in the…
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States With The Best Opportunities To Acquire Investment Property

Real estate investors sometimes get stuck in a rut. They repeat the same type of investment that they did before. This is not necessarily a bad thing because a successful experience is worth repeating. However, it is also a good idea to occasionally take a look at the big picture as well, to see what else is out there for investment consideration. Real estate markets go up and down. This can be a regional phenomenon. In some states, there are lots of properties that are "underwater." This means the owners borrowed more on their property than it is currently worth.…
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