- How Much Can You Raise Rent in California?
In California, rent increases are governed by state laws designed to protect tenants while allowing landlords to adjust for inflation and market conditions. Under the California Tenant Protection Act of 2019, landlords can generally raise rent by up to 5% plus the local rate of inflation, but the total increase cannot exceed 10% in a… read more…
- Pros and Cons of Investing in Chicago Real Estate
Investing in real estate in Chicago can offer a unique blend of opportunities and challenges that appeal to a wide variety of investors. The city’s diverse neighborhoods, strong rental market and potential for property appreciation make it an attractive option for those looking to expand their portfolios. However, the real estate landscape in Chicago also… read more…
- 7 Ways to Pay Less Rental Income Tax in California
California’s high tax rates can significantly impact your rental income, reducing the overall profitability of an investment property. If you’re a real estate investor wondering how to pay no taxes on rental income in California – or at least how to reduce your tax bill. With careful planning and a thorough understanding of the state’s… read more…
- How to Invest in Real Estate in California
Investing in real estate in California offers a unique blend of opportunities and challenges, making it a dynamic market for both new and seasoned investors. With a diverse economy ranging from tech hubs in Silicon Valley to entertainment industries in Los Angeles, California provides a variety of investment options. The state’s high demand for housing… read more…
- Understanding the Risks of Investing in Real Estate
Americans are big fans of using real estate to build wealth. According to a 2024 Gallup survey, participants believe real estate is the best long-term investment opportunity. But investing in real estate, like rental properties, comes with risks, too. Market fluctuations, economic downturns and changes in interest rates can all impact property values and rental… read more…
- How to Invest in Real Estate Through Stocks
You can get exposure to the real estate market without the responsibilities of property ownership by investing in real estate through stocks. Real estate investment trusts (REITs) represent one method. REITS own, operate or finance income-generating real estate across various sectors, such as commercial, residential or industrial. REIT shares trade on major stock exchanges, making… read more…
- How to Invest in Real Estate in Las Vegas
A strong tourism industry and growing population have landed Las Vegas on many real estate investors’ maps. Its real estate market is known for potential high returns driven by demand for both residential and commercial properties. Residential investment options include single-family homes, condos or vacation rentals catering to the steady influx of tourists and new… read more…
- How Long the Eviction Process Takes for Landlords
One of the most important things to understand as a landlord is how long the eviction process is for problem tenants. Typically, an eviction can take anywhere from a few weeks to several months. Beyond fair housing laws, there are jurisdictions with tenant-friendly laws, as well as court backlogs that can prolong the process. Careful… read more…
- How to Evict a Tenant in Texas
Landlords who have to figure out how to evict a tenant in Texas need to follow a series of legal steps in order to avoid complications. As outlined below, the process involves extensive communication with the tenant and the courts, as it may require a lawsuit that establishes the property owner’s legal right to remove… read more…
- What Hosts Need to Know About Airbnb Insurance
An Airbnb investment could help you earn extra income. But as a property owner, you should understand what Airbnb’s insurance for hosts, known as AirCover, can protect. Hosts should carefully review what is included, such as liability coverage and property damage, and maintain accurate records about their guests in order to prosecute any legal claims… read more…
- 6 Ways to Invest $60k in Real Estate
Investing $60,000 in real estate offers several avenues depending on your risk tolerance and financial goals. For instance, you might consider purchasing a rental property, where the initial outlay can cover a down payment, allowing you to generate income through rent. Alternatively, investing in real estate investment trusts (REITs) provides exposure to real estate markets… read more…
- 5 Ways to Pay Less in Taxes on Your Rental Income
Figuring out how to pay less or no tax on your rental income can significantly enhance your investment returns. From deductible expenses and depreciation to tax reassessment and mortgage interest deductions, there are a number of ways to reduce your tax burden. Here’s a look at what rental income is, how it’s taxed, along with… read more…
- At What Point Does a Reverse Mortgage Make Sense?
A reverse mortgage can be useful in some cases. When it comes to reverse mortgages, the first note should always be one of caution. These are extremely popular vehicles for scams and fraud, both because they involve the elderly (a popular demographic for fraud) and because they involve permanent real estate transfers. So be extremely… read more…
- Fair Housing Laws You Need to Know as a Landlord
Fair Housing Laws were established by the Fair Housing Act of 1968 to prohibit discrimination based on race, color, religion, sex, national origin, familial status, or disability. As a landlord, it’s your responsibility to ensure that all decisions related to how much you charge for rent, setting terms or evicting tenants are made without bias.… read more…
- Real Estate Investments With the Most Profit Potential
Investing in real estate can be a lucrative opportunity and an effective way to grow your wealth. But understanding the most profitable real estate investments is key to maximizing returns. Rental properties, commercial real estate and fix-and-flip projects are some of the best options for investors seeking high profit potential. Each type of investment offers… read more…
- What Is a Fee Simple in Real Estate?
Understanding fee simple ownership is important when buying, selling, or investing in real estate. It is a common and comprehensive form of property ownership, granting full control and rights, including the ability to sell, lease, or transfer it to heirs. Here’s what you need to know. If you’re interested in creating an estate plan, a… read more…
- How to Qualify for a Second Mortgage to Invest in Real Estate
Taking out a second mortgage on your primary residence can provide you with cash that you could use to buy an investment property. Qualifying for a second mortgage is not a given, however. It requires careful preparation and a strong financial profile. Lenders typically look for a solid credit score, a low debt-to-income ratio and… read more…
- Tenant Screening Checklist for Real Estate Investors
Conducting a thorough tenant screening is crucial for real estate investors who want to find reliable and responsible tenants. The process typically starts with a comprehensive application form that collects information about the applicant’s employment, income, rent-to-income ratio and rental history. Real estate investors can then screen their tenants by contacting previous landlords, work and… read more…
- 6 Ways to Find Wholesale Real Estate Deals
Real estate wholesaling can be a lucrative strategy for purchasing properties below market value and turning a quick profit on them. Learning how to find wholesale real estate deals involves several methods, from exploring neighborhoods for distressed properties to searching public records for foreclosures. Networking with real estate professionals can also open doors to exclusive… read more…
- How to Finance a Vacation Rental Property
Investing in vacation rental properties, also known as STRs (short-term rentals), can be an excellent way to generate passive income and build wealth over time. However, figuring out how to finance a vacation rental property requires careful planning and a good understanding of your financial options. Potential financing avenues include traditional mortgages, owner financing or… read more…
- Getting a Mortgage in Retirement: What Does It Involve?
A retirement mortgage caters to seniors who are no longer earning a regular salary. It allows them to access home equity or finance a home purchase with repayment terms that are tailored to their retirement income. Lenders will assess these mortgages based on the borrower’s retirement income, credit history and the value of their assets,… read more…
- Short-Term Rental Regulations in New York City
Short-term rental regulations in New York City are strict, typically prohibiting rentals of less than 30 days unless the host is living on-site. These rules aim to enhance safety, maintain housing availability and address concerns about the impact of short-term rentals on local communities. If you’re considering an STR for your real estate portfolio, a… read more…
- Short-Term Rental Regulations to Know in Las Vegas
Las Vegas has short-term rental (STR) regulations that are a combination of common zoning, tax and real estate laws. As companies like Airbnb help turn second homes into investment properties, oversaturation in the market has prompted major metro areas like Las Vegas to enact clear guidelines to ensure a harmonious relationship between STR owners, renters… read more…
- Short-Term Rental Regulations to Know in Dallas
In order to balance tourism benefits with community needs many cities, like Dallas, have short-term rental regulations. Rental property owners must register with the city and adhere to zoning requirements that limit the amount of short-term rentals in a neighborhood. Owners must also comply with local tax laws, occupancy limits and noise ordinances or face… read more…
- What Commercial Real Estate Property Managers Do
Commercial real estate property managers ensure the smooth operation and profitability of commercial properties. They handle a wide range of responsibilities, from maintaining the physical condition of the property to managing tenant relationships and financial transactions. For real estate investors, hiring a commercial property manager can be a game-changer. These professionals handle day-to-day operations allowing investors… read more…