Top Property Management Myths That You Should Avoid

Top Property Management Myths You Should Avoid

BY KATHY SCOTT TUESDAY, OCTOBER 25, 2022

The value of residential property has been trending upward for over a decade. In 2020, the National Association of Realtors reported that, by certain metrics, the average American home will be worth $382,000 by 2030. 

This makes investing in residential real estate a smart bet. But, renting out property to tenants comes with legal and practical responsibilities—responsibilities more serious than other investments incur.

As a result, responsible landlords are increasingly seeking property management services.

WHAT IS PROPERTY MANAGEMENT?

Property management is the umbrella term for the regular work of overseeing and maintaining residential…

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Six Quick Tips for the Budding Real Estate Investor

BY KATHY SCOTT TUESDAY, SEPTEMBER 13, 2022

In the United States, 90% of millionaires are real estate investors. Why is that?

Savvy, successful entrepreneurs choose real estate investing strategies for a reason, and evidence shows it could be quite lucrative.

For a new real estate investor, however, you may not be aware of all the ins and outs of being profitable. You certainly want to avoid making decisions that could put you in the red.

Never fear, we want to help. This article is specific to real estate for beginners. Keep reading for some vital pieces of advice to help you make good choices with investment property. 

1. DO YOUR HOMEWORK

If you are going all in with a…

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