In terms of investments, rental properties are definitely on the low-risk end of the spectrum.But low-risk isn't the same as no-risk. There are definite risks associated with buying and owning rental property.You could choose the wrong property.You could underestimate the costs and expenses of …
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The #1 Reason Real Estate Investors Go Bankrupt
When you buy an investment property, you’re doing it to make money. But even if you go into the situation with the best intentions — and the expectations to make some serious cash — it doesn’t always work out that way. Approaching real estate investment in the wrong way can lead an investor to go …
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3 Hidden Fees Your “Low-Cost” Property Manager Is Charging You
There’s an old saying: “If something sounds too good to be true, it probably is.”And that definitely applies to low-cost property management companies.If you see a property management company that advertises it provides every service you need for 5%, you’re not getting the whole story. The reason …
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6 Real Estate Investing Tips for Out-of-State Investors
Investing in real estate can be a complex process — but when you add in the additional challenges of investing in property out of state, it can get downright confusing.There are so many unknowns when you’re investing out of state. You don’t know the market. You don’t know the different …
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How to Switch Property Managers Without Hassle
In an ideal world, the first property management company you work with would be a perfect fit.But unfortunately, we don’t live in an ideal world, and sometimes you get stuck working with a property manager that just isn’t cut out for the job.Maybe it’s impossible to get a hold of your point of …
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Rental Property Maintenance: How to Protect Your Investment and Keep Your Tenants Happy
In the vast majority of situations, it’s much easier to prevent damage from happening to your rental property than it is to try to go back and fix damage that’s already happened.Not only is it easier, but it’s also a lot cheaper. The average maintenance cost for rental properties will always be more …
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How to Increase the Property Value of Your Rental So You Can Collect Higher Rent [2018 Guide]
It goes without saying that when you invest in a property, you want to get the highest return on investment and make as much money off the property as possible. And how do you make more money on each property? By increasing the rental property value.Knowing how to increase property value can boost …
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How to Prepare Your Rentals for Winter [CHECKLIST]
Summers here in DFW can be some of the hottest in the nation. But our winters are no joke, either.With the average temperature in January hitting 37 degrees (and often dipping below the freezing point), investors need to take the proper steps to protect their properties and winter-proof their DFW …
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Dallas-Fort Worth Rental Market Report 2018
Welcome to the LEAP Property Management DFW Rental Market Report for 2018! In this report, we’ll take a look at the current DFW rental market trends and, since it’s the beginning of a new year, take a look back at key trends in 2017 that stand to influence the rental market in the coming …
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Do Your Rental Properties Satisfy the 1% and 5% Rules?
There are a few different metrics you can use to determine the “success” of an investment property, but there’s none that’s more critical than cash flow.Owning and managing a rental property isn’t cheap. There is a significant number of costs (like loan payments, maintenance, repairs, …
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