Homeforrent PowerPoint PPT Presentations

While own¬ing a rental can be a good way to make some extra money, there are con¬cerns that should be taken very ser¬i¬ously. You need to take a good look at the pros and cons before mak¬ing a hasty decision. At the very least, learn the basics before mak¬ing your move.

The advice for North Bloomfield Properties home sellers is prolific. There is no shortage of articles online with tips for preparing, staging, pricing and marketing a home. With the volumes of information available, there are still 5 basic truths, or 5 keys to getting your home sold:

Let’s face it: if you have a family with school-age children, the stigma of living in “the apartments” is not one you want to foist on your kids if you can avoid it. Oftentimes, it is totally possible to find a great house to rent for the same price as a garden apartment with a leasing office and cockroaches in the laundry room. Amazing, but true. You just need the resources to find these houses.

A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Here are a few ways that a good property manager earns their keep:

We are one of the largest single-family home property management companies in Michigan. We have been in business since 1989, and we currently manage thousands of properties primarily in Oakland, Macomb, Wayne, Washtenaw, Genesee, Livingston and St. Clair Counties.

The kitchen in today’s home is the communal place where family gathers for socializing as well as eating. The best investment a seller can make is to update the kitchen. The cost of updating a kitchen for a buyer is often an expense they’d rather not deal with, as most want a home that is move-in ready

The National Association of Home Builders (NAHB) and Wells Fargo have been calculating the Housing Opportunity Index (HOI) for more than 30 years. The surveys are released quarterly and take into account two things, income and housing. The survey covers 237 metropolitan areas across the U.S. as well as the national averages. According to the latest HOI survey released on May 10th, rising wages have offset rising home values and interest rates, boosting housing affordability.

This is a big advantage of income properties – home buyers who buy cashflow negative properties with leverage and rely on appreciation to generate returns (which is why a lot of investors consider this speculating) can be devastated if the market takes a downturn, but properties that generate a nice cash flow every month aren’t affected.