Author: Michael Leafer

Furnished Rentals?

Should You Furnish Your Rental Property? 5 Pros & 5 Cons     Renting to tenants can often be difficult, and it’s important to make your units appealing to potential customers. For this reason, furnishing a home can often make it look more inviting. That being said, it can also cost a pretty penny to do this, so you might… Read more →

Pet-friendly Rentals?

Should Your Rental Property be Pet Friendly? Pros & Cons     Our furry friends are quite meaningful to us, and a rental property that allows people to bring their pets with them is widely appealing to many. After all, people are often inseparable from their dogs and cats. PROS OF A PET-FRIENDLY RENTAL PROPERTY There are quite a few… Read more →

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 Many flips that update a once-shabby house have an outdated kitchen that needs work.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 →