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If your rental property analysis isn’t helping your property investment to be more profitable, it’s missing the mark. An effective analysis will help you maximize your return on investment and minimize the risks of investing in the wrong property. So, increase your bottom line. Keep reading to learn the benefits of knowing how to use the right rental property analysis. What Is a Rental Property Analysis? An analysis of a rental property allows you to analyze an investment property opportunity. You are able to assess whether it is a worthwhile i…

The kitchen is arguably the most used room in a home. Some even call it the “heart” of the home. Everyone seems to congregate there. Keeping it clean and fresh can be challenging. Here are five handy kitchen maintenance tips to help you keep your kitchen sparkling. 1. Clean the Sink First of all, the kitchen sink is probably the most used item in the kitchen. Keeping it clean will make every other kitchen job easier. So, be sure to empty both the sink and the dishwasher before starting the day. When you begin to cook, fill the sink with warm so…

How can you make your rental property more rentable? For most property owners, the top priority is the bottom line. And that is important. Certainly, you are in business to make money. But a small shift in priorities can make your rental property more attractive to renters and increase your bottom line at the same time. Here are five tips to get you on the right track: 1: Be Visible From the very beginning of the rental process, let your tenants know who you are. Be available when they need to talk to you and be prompt in taking care of your re…

If you’re renting or buying a home in a community governed by an association, it is important to know the top HOA violations you need to avoid. Moving to a new home is always an exciting adventure. You find the perfect house in the perfect neighborhood. You make plans to make it your own, and dream of the future. However, if that neighborhood comes with a Homeowners Agreement, (HOA), there might be some conditions or restrictions that you should know about before you sign on the dotted line. Vehicle & Traffic Violations Speeding or reckles…

Do you know about the most popular tax advantages of owning a rental property? As it turns out, being a landlord works in your favor come tax season. Sure, buying a home is a considerable investment. But, if you can make money off of that investment, you’ll see an even bigger return when your taxes are due. Don’t forget to ask your tax advisor about these deductions the next time you file. Mortgage Interest If you have a mortgage on your property, you’re paying a hefty amount in interest every month. The good news is that you’ll most likely be …