How to Calculate the ROI on A Property Investment

How to Calculate the ROI on A Property Investment

Buying an investment property can be one of the best decisions you can make! If you go about the process the right way, you can set yourself on the journey to financial freedom. You can use this potential income to pay down debt or save up for your retirement. But buying a real estate is a journey. You’ll need to do your proper due diligence in order to avoid potentially costly mistakes. A key part of this process is calculating the return on investment (ROI) of a property in order to ascertain whether it’s going to be worthwhile or not. Afte…

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How to Attract Long-Term Tenants

How to Attract Long-Term Tenants

It’s true that property investments and leasing are good sources of passive income. However, without long-term tenants on your property, this cannot be achieved. With long-term tenants, you’ve assured a more steady stream of income. It also means saving money and time that would go towards finding new tenants. But to land qualified, long-term tenants landlords have to put in continuous effort to ensure their renters are satisfied. This guide will provide you with some tips and tricks to land and keep long-term tenants and boost your ROI. Off…

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How to Be a Long-Distance Landlord

How to Be a Long-Distance Landlord

A real estate investor may not necessarily stay where their investments are. Circumstances such as work relocation or finding an affordable property in a better area may be hard to ignore. So, instead of selling your old home, you may have chosen to convert it into a rental to earn passive income on the side. In the past, this may have been a significant challenge, but with today’s technology, communication, coordination and rent collection is considerably easier. Still, operating a rental home when you’re not living in close to it has its ow…

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13 Terms All Real Estate Investors Should Know

13 Terms All Real Estate Investors Should Know

Part of becoming rent-ready is understanding the real estate industry and, just like any other industry, real estate has its own jargon and terminology. This may seem like a barrier between new investors and their peers. But in reality, they are simple terms that just need a little understanding. But in this understanding, you will find you can communicate easily and more confidently with your peers. This is the exact reason why we at Taylor Street Property Management have put together the following list of important real estate terms that you …

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How to Film a Great Video Tour of Your Rental

How to Film a Great Video Tour of Your Rental

Thanks to modern technology, property owners can now successfully promote their properties in many more ways than just an open house. To begin with, you don’t have to rearrange your schedule to make time for a home showing and compared to individual viewings, virtual tours address a much wider audience. Making a virtual tour of your home may seem like a challenge, especially if you've never done it before. But an effective video can make the difference between finding a new tenant and the property remaining empty for a long time, making your ma…

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