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5 Ways to Avoid Foreclosure

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Foreclosure is the action of repossessing a home if the owner fails to keep up with their mortgage payments. The reasons homeowners go into foreclosure is usually unpredictable, but can often result from being laid-off, the inability to handle mounting debt, divorce, or even transferring jobs to another state. When foreclosure happens, the owner not only loses their home, but they also would owe their lender more money, and it could seriously damage their credit. It’s safe to say that foreclosures are not fun, so here are 5 tips on how to avoid them.

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3 Ways to Lower Your Utility Bills

Whether you split the utility bills with your roommates, or you pay for them yourself, your electric, water, and gas bills have got to get paid! And we know what it’s like having all of those bills add up in the end. It can practically empty your wallet! Well we have got some good tips on ways you can reduce those utility bills and save some more money. (more…)

3 Ways to Prepare Your Investment Properties for Fall

 

 

 

 

 

 

 

 

 

 

 

 

 

Now that fall is upon us, it’s time to start thinking about ways to eliminate the last-minute rushing to prepare your investment properties before the cold months arrive. For the owners who manage their properties by themselves, take out your pen and paper to take notes because with these 3 tips, you’ll transition into the latter half of the year with ease!  (more…)

Are Millennials Destroying the Real Estate Market?!

Why is Buying a Home Not a Big Deal for Millennials?

Depending on who you ask, the Millennial Generation are people born in the early 1980s to the early 2000s. It’s the generation who came of age after The Great Recession. Although the housing market has recovered since the economic downturn of the late 2000s, Millennials are still living with repercussions that other generations didn’t experience in their youth.  (more…)

When is it Time to Upgrade Your HVAC?

These tips are ensured to help you save money and stay comfortable when it comes to replacing or repairing your HVAC.

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As a Rule of Thumb

Is your HVAC system more than 10 years old? Is your furnace, boiler, or AC running a lot, making you pay more than you should be in energy bills? It might be time to start considering your options when it comes to replacing it.  Now, don’t jump up right this second and make an expensive purchase.  (more…)

5 Signs a New Roof is Needed

How Can You Tell if a New Roof is Needed?

The roof of a home is an important thing that most homeowners might overlook without even thinking about it. How do you know if it’s time to make repairs to your roof? How do you know if it’s time to replace it all together?

Before you spend any money, determine if you need a new roof by asking yourself these important questions:  (more…)

How to Spot a BAD Property Manager

Is Your Property Manager Showing Any of These Traits?

The stress of managing your own rental property can get pretty intense, so when the time comes to find someone else to do the job, you might just jump at any opportunity without thinking too much about it. If being a successful property investor is a goal of yours, understand that you shouldn’t just pick any property management company, you need to employ a professional to manage your investment properties on your behalf.

In the article “9 Reasons to Hire a Property Management Company,” we discussed all of the reasons you should hire a property manager, but in the list below, we’ve compiled five red flags that a property manager might not be the professional they say they are.  (more…)

9 Reasons to Hire a Property Management Company

Why is Hiring a Property Management Company So Important?

Although managing a rental property can have a rewarding financial outcome, doing so requires a lot of time, effort, and hard work.  On paper, managing your own properties might seem more convenient. Considering the commute, constant maintenance calls, and countless hours as a landlord, you’ll find it is much more impractical.

You might find that you’re not even having time to do anything that you actually enjoy anymore. Hiring a property management company will take all of the workload off of your shoulders. It gives you the time to live your life while still making money. Here are some of the tasks that a property manager will handle for you:  (more…)