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Upgrade to programmable thermostats to save on utilities

You’re standing in the middle of the hardware store debating whether there is any reason to spend the extra $10 on that fancy thermostat. You know, the one that can be programmed to adjust the temperature depending on the time and day. Like many property owners, you decide to go on the cheap. Big mistake. More»

By | October 31, 2011
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To “allow” or “not allow” pets in your apartments?

One of the decisions that all landlords must face when managing their apartments is whether or not to allow pets in their properties. There is no doubt that there can be a negative side to allowing pets: they can pee on the carpet, they can scratch  hardwood floors, they can be loud when they bark More»

By | October 6, 2011
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Apartment Pet Policy

So you’re a landlord who has decided to allow pets into your apartment. Even so, that doesn’t mean you should simply allow any pet to stay at your property. To ensure the safety of tenants, other pets in the building and your property, you should always run a background check on a pet, just like you More»

By | October 6, 2011
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Owner Occupant Investors: FHA 203k financing

There seems to be a lot of confusion surrounding the FHA 203k loan program. While it is an excellent tool for homebuyers looking to purchase properties in need of a little rehab, many likely candidates avoid the product because they simply don’t know what it is. So just what is 203k construction financing and what More»

By | October 25, 2010
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Owner Occupant Investors: Multi-family opportunities

When it comes time to purchase a home, most homebuyers fail to consider the path of purchasing a multi-family. Whether this is due to the belief  that they can’t afford it, that they can’t compete with seasoned investors, or something else altogether, most people don’t give the matter much thought. By doing so, they are More»

By | July 30, 2010
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Homebuyer tax credit extended to September 30th

In a last minute move by Congress, the $8,000 Homebuyer Tax Credit program has been extended yet again. This extension will drag the program out until September 30, 2010. There is a catch though. It only applies to people who had buildings under contract on April 30, 2010. Originally set to expire June 30, 2010, More»

By | July 2, 2010
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Investment real estate profitability analysis

One of the most important things every investor needs to do before purchasing a property is a profitability analysis. At first glance, many deals seem great, but upon further review turn out to be anything but ideal. You just can’t tell for sure until you do the numbers. That’s where this spreadsheet might come in More»

By | February 8, 2010
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