Real Estate

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5 Upgrades to Boost Tenant Occupancy in Your Residential Rental Property Business

Full-scale home renovations are expensive. A major renovation can cost between $18,000 and $76,000. Even minor renovations can get out of hand and require spending a lot of money if not planned properly. For investment properties, however, minor improvements mean a lot. It significantly reduces vacancy and increases rental rates. Unlike home improvements, however, there

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Property Rentals: Things to Consider Before Investing in Rental Property

People who invest in rental properties aim to earn passive income while keeping their main jobs. Other people use part of their retirement money to buy a property and manage it to keep themselves busy during retirement. Many think that investing in rental properties is as simple as buying a house and getting someone to

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Getting to Know Real Estate Investment Trusts

Real estate investment trusts, or REITs, are real estate companies that operate like stocks. Investors and real estate professionals buy shares in the company. A real estate investment trust is a company that invests in real property—typically commercial properties such as shopping malls, office buildings, hotels, etc.—and earns money through rents or lease payments from

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For Your Future Savings: Should You Flip a House or Purchase a New One Instead?

Buying a new home is a costly endeavor, and renovating an old home is also a costly decision. However, given the state of today’s real estate market, the latter seems to be a cheaper option, especially if you know what you’re doing. The cost of homes rose this year due to the lack of materials

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Making Your Yard Look Its Best without Spending Too Much

Landscaping costs are far from cheap. New grass seed, topsoil, and front shrubs could cost you $3,000 while professional landscaping and patio installation costs could go as high as $20,000. On average, landscaping would set you back $10,000. But it isn’t the only way to make your yard look presentable. There’s no reason to shell out

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To Go or Not to Go: Is Post-pandemic Relocation Right for You?

The housing industry was ablaze despite the economic meltdown in the past year. The mortgage rates and housing prices reached all-time lows. This allowed people to choose where to reside, including areas near their employment or educational institutions. Indeed, 2020 somewhat made everyone’s dream home possible and reachable with a significant price reduction and ready-to-sell

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