Author: Michael Leafer

Why You Need a Savings Fund

The Importance of a Savings Fund for Your Rental Property Business.     The income from a rental property, or an entire portfolio of properties, generates its own momentum. As long as you have another months’ rent coming in, you can easily cover the expenses needed to maintain your properties. However, the sudden need for large-scale repairs can completely throw… Read more →

How to Budget a Flip

How to Budget a Flip with a Kitchen Remodel     When flipping a house to sell or rent, you know that the kitchen makes an important and powerful impression. Modern residents want a modern kitchen with nice, fresh finishes and reasonably new appliances. Many flips that update a once-shabby house have an outdated kitchen that needs work. On the… Read more →

Selecting Homes for Flipping

What Homes are the Best for Flipping? Over the past few years, house flipping has been rising in popularity, and it’s with good reason. This is because data shows that you can expect an average return on investment (ROI) of 26.9%, translating to a gross profit of $67,900. While it’s a lucrative venture, it also has its risks. If you invest… Read more →

Selecting a Property Manager

Identifying the Right Property Manager for the Job What to Look for When Hiring a Property Manager Buying an investment property is only the first step in a profitable real estate business plan. Whether you have chosen a single-family house, a multi-family building, or even a commercial property, most investors partner with a property manager to help run the business… Read more →

Investing in Historic Homes

What You Should Know Before Investing in a Historic Home     As you expand your real estate portfolio, you may come across an opportunity to invest in a historic home. For many people, this can be an exciting prospect as you will be purchasing a piece of local history. Additionally, homes in historic neighborhoods are usually easy to rent… Read more →

Pest Control 101

3 Stages of Pest Control Every Rental Property Needs     Pest control. It’s something every landlord has to think about, and the presence of vermin can cause problems that affect your reputation as well as potential legal consequences. So, what can you do to properly handle pest control on your rental property. Here are the stages of pest control:… Read more →