When considering any good rental property, savvy real estate investors consider what their portfolio needs at that time. All of the standard real estate metrics still apply. The local neighborhood matters quite a bit. As an investor, you need to know the housing market and decide (using formal tools Mashvisor can supply you with) which property will have the best return on investment.
Find out how to ensure your sump pump is well-maintained, what to do when your sump pump fails and how damage from failure of a sump pump is covered by insurance.
This is a public service announcement for all of our investment property owners. Managing utility services effectively is important for both you and your tenants. One important utility management strategy is setting up “Revert to Owner” agreements for electric and natural gas utilities.
In this article, we’ll explore what “Revert to Owner” means, why it’s beneficial, and how you can set it up for your rental properties.
I’m sure that, as a homeowner, you invest your time and money into creating a comfortable and secure living space for you and your loved ones. But, unforeseen events can strike such as natural disasters or burglary, which can result in the loss of your personal belongings. However, unforeseen events such as natural disasters or burglaries can occur, resulting in the loss of your personal belongings. It’s important to protect your investment, and one of the best ways to do so is to create a home inventory of your personal belongings. Let’s discuss the benefits of having a home inventory as well as how to construct one.
If you’re a homeowner, you’ve more than likely invested in a significant amount of time and money in regards to furnishing and decorating your home with items which are important to you. Unfortunately, unexpected events like natural disasters or burglaries can result in the loss or damage of these belongings.
It’s because of those unexpected moments that it’s important to create a home inventory to document everything you own. This process ensures that you’re properly insured and can help speed up the recovery process if the worst were to happen. Here’s how to construct a home inventory.
I’m sure that, as a homeowner, you invest your time and money into creating a comfortable and secure living space for you and your loved ones. But, unforeseen events can strike such as natural disasters or burglary, which can result in the loss of your personal belongings. However, unforeseen events such as natural disasters or burglaries can occur, resulting in the loss of your personal belongings. It’s important to protect your investment, and one of the best ways to do so is to create a home inventory of your personal belongings. Let’s discuss the benefits of having a home inventory as well as how to construct one.
If you own a home, you’re dealing with property taxes. Property taxes are an essential part of homeownership, but you may not really understand or realize how they are actually calculated. In fact – sometimes understanding how they are calculated can feel like attempting to unravel a complex puzzle. Once you unlock the secrets of property tax calculation, homeowners can gain valuable insights into their tax obligations and make more informed financial decisions. It isn’t as hard as you may think. Let’s talk about the property tax calculation process.
This is important information!
For many individuals, planning for retirement is a priority. You want your retirement to be comfortable and secure. Of course, traditional investment options such as stocks and bonds play a crucial role – but rental real estate holds another great avenue. Let’s explore together the 12 key benefits of investing in rental real estate for retirement, shedding light on why it is a smart strategy to consider.
Steady Passive Income – Rental real estate offers a consistent stream of passive income, providing a reliable source of cash flow during your retirement years. This income can serve as a supplement to other retirement funds, ensuring financial stability and peace of mind.
🏡 NEW LISTING ALERT! 🌟 Experience luxury living at its finest in this breathtaking 2-story home at 13709 Parkhill, Overland Park KS 66221! ✨🔑
✅ Office space for your professional needs
✅ Formal living and dining areas for elegant entertaining
✅ Stylish eat-in kitchen with island seating
✅ Cozy up to the fireplace in the great room
✅ Freshly painted inside and out for a modern touch
✅ Finished basement with a rec room and full bath
✅ Walkout access to a beautiful patio
✅ Enjoy the deck overlooking the spacious fenced backyard
✅ Ground sprinkler system for easy maintenance
✅ Perfect cul-de-sac location for peace and privacy
🏡 OPEN HOUSE ALERT: Join us this Saturday, July 15th from 11AM-1PM for an exclusive tour of this stunning property! 🏠🌺 Don’t miss your chance to see it in person!
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Purchasing a home – the process can seem overwhelming. However, the long-term advantages of homeownership are a very smart investment which will secure your future where the benefits extend beyond simply having a place to live.
One of the most significant advantages to owning a home is building equity. You can’t build equity while renting. As you make mortgage payments, your equity increases, and over time, your home can become a valuable asset to use the equity to finance home improvements, pay for college tuition, or even as a down payment on a second home.
When a new home is being built, builders are normally required to warrant their work for a specified period. Municipal inspections are also generally required during different stages to “ensure the life, health, safety, and welfare of the public” but even if something is missed, the ultimate responsibility for building to code belongs to the builder, even if the municipal inspector misses something.
Welcome to this incredible real estate listing! Prepare to be amazed by this great house in a fantastic location. Situated in the highly acclaimed Blue Valley School District. Nestled in a quiet cul-de-sac, allowing you to enjoy the serene backyard to the fullest. With a walkout room and a partially finished basement spanning approximately 500 sq ft. Convenience is at your fingertips as you’re only a couple of minutes away from Highway 69,making commuting a breeze, wooden deck, granite countertops and silver appliances.
First – what is an appraisal gap? Quite simply, it’s the difference between “the fair market value determined by an appraiser and the amount you agreed to pay for the home.” It doesn’t mean that you have to cancel the sale, but it does mean some negotiations will probably be happening And, an appraisal gap becomes an issue if the seller is not willing to lower the price or the buyer is not willing to pay the difference in cash.
Krishna Chinnam, Real Estate & Life Insurance Agent
Krishna Realtor welcomes you to this immaculate north-facing home nestled in the prestigious Blue Valley School District, where the best schools await your family! Fresh paint and new carpets seamlessly blend with an open floor plan, featuring gleaming hardwood floors and a granite kitchen island perfect for entertaining. Enjoy the convenience of a new microwave, a walk-out basement complete with a full-size bath, and the comfort of 4 bedrooms and 4.5 bathrooms. This home’s 3-car garage offers ample space for your vehicles and hobbies, while the sprinkler system and radon mitigation ensure peace of mind for a healthy and well-maintained property. Don’t miss this exceptional opportunity to elevate your lifestyle in a desirable community!
Listing Provided by: Krishna Chinnam 601-301-3579 Platinum Realty
Want to go shopping? Have you ever thought about shopping for a lower mortgage rate? If not, you may want to consider it.
If you decide to go shopping for a lower mortgage rate, one thing you do need to consider is that not all lenders share the same business practices. Some of them may lure unsuspecting borrowers to a rate, knowing completely that they cannot deliver on it. Once a loan application is made and information necessary is supplied for approval, they reveal that the rate is not available for “whatever” reason.
Realtor Krishna introduces a stunning east-facing, 1.5 story home in the highly coveted Blue Valley school district! This upgraded, modern gem boasts 4 spacious bedrooms, 2.5 luxurious baths, and a 2-car garage. Bathed in natural light, the freshly painted interiors accentuate the home’s warmth and elegance. The finished walk-up basement offers a versatile space for entertainment, while the ample built-in storage ensures a clutter-free living experience. Enjoy peace of mind with the newer water heater and savor outdoor relaxation on the charming wooden deck. Don’t miss this rare opportunity to secure a dream home in an award-winning community!
Selling your home involves many decisions – some easier than others. Sometimes, those decisions can cause an owner stress or procrastination. Early in the process, the owner will have that opportunity to decide whether to sell their home “as-is” which avoids the issues that tend to loom when selling a home.
But, is “as-is” a good idea? From a seller’s standpoint, “as is” means the buyer will purchase the home in its current condition without asking for any repairs. This is of course convenient for the seller, but he normal trade out is the property will not result in the highest possible sales price.
There wasn’t anything at all “normal” about the housing market in 2021 and in part of 2022. Mortgage rates were at an all-time low, and there’s a great possibility we will never reach those levels again! Double-digit appreciation drove prices to new heights. Low inventories fueled by high buyer demand made multiple offers a normal expectation.
Sometimes, you want to wait for something to come down – a fever, a price on a video game system, etc. However, it might not be a good decision to wait until mortgage rates come down. Here’s the reason.
If you’re decision to wait is correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be devoured by the appreciated price increase.
