As economic challenges continue, many tenants may face unemployment, income disruption or other circumstance that cause them to be in lease violation. In this article, we review Pennsylvania regulations regarding eviction and what you can do to reassess your lease regarding violations that trigger eviction proceedings and what you can do to be better prepared.
Read MoreEvery year you should revisit your standard lease and make sure it is up to date. One thing that investors often overlook is their policies regarding pets, in particular service animals. In accordance with the Fair Housing Act, there are laws that protect people with disabilities and their service animals. Review this article to brush up on the laws, particularly those for Pennsylvania, and work with your attorney to make sure you are able to follow the policy set forth by the FHA.
Read MoreHere’s the latest snapshot of the buzz in real estate, investing, financing and the market in general from over the past few weeks.
Read MoreAs we approach the year’s end, a time of celebration and gathering with family and friends, it’s also a good time to take a fresh look at legal documents in preparation for 2023. One of the most important documents as a real estate investor is your tenant lease. In this week’s article, we provide an overview and reminders of what to include in your tenant lease. Use it as a guide to double check and review your leases to make sure they include what you and your attorney agree are best for you and your tenants.
Read MoreThe relationship you have with your tenant(s) has a direct impact on your cash flow as well as how your property is maintained. Detached property owners can easily lose touch with their tenants if they’re working with a property management company that doesn’t respect the tenant-landlord relationship. In turbulent economic times and with the real estate market shifting, tenants are becoming the “in-control” party and can make or break your cash flow and real estate income strategy. Learn what you can do to reinforce tenant-landlord relations whether you’re working directly with your tenants as a self-managing property owner or through a property management company.
Read MoreAlthough real estate investing can be a hedge against inflation, investors still have to make practical decisions about how they manage their cash flow against outgoing costs when it comes to their properties. In this article, we present the main reasons to outsource your property management as well as things to watch out for when choosing the right property manager, and how it can surprisingly make you money.
Read MoreIn this week’s article, we talk about how you can entice high-quality tenants to re-lease, even though the costs of renting are becoming more and more challenging for renters. Here are a few things you can think about doing to make your relationships better and work with your tenants to secure their trust in you and want to remain in place.
Read MoreHere’s the latest snapshot of the buzz in real estate, investing, financing and the market in general from over the past few weeks.
Read MoreMany economists fear we are entering a bear market, which impacts real estate values and sends them on a downward spiral. With a looming recession, the Fed increasing interest rates to control inflation and a housing market that’s been over-valued for over a year, this could be the most opportune time to sell—or stand your ground with your current portfolio and reinforce your tenancies. If you’re considering selling one or more of your investment properties, here are some “housekeeping” things to gather together regarding documents and certifications to make your property appealing to potential investors.
Read MoreBeing a well-prepared investor when the economy begins a nosedive is critical to your portfolio staying strong as well as your ability to seize downmarket opportunities. As more properties become available and the marketplace becomes less competitive, real estate investors have more choices as long as they use the right cautionary strategy that fits their overall, long-term income goals.
Read MoreHere’s the latest snapshot of the buzz in real estate, investing, financing and the market in general from over the past few weeks.
Read MoreThere are several things you can do to help your property be more appealing to the safety-conscious renter. Many of these simple solutions are subtle, but powerful at helping your tenants feel safe and secure and choose your property over others. Check out these simple ideas that will inspire you or your property management service to safeguard your investment.
Read MoreIn some markets and cities, crime has been on the increase over the last year. Neighborhoods that used to be peaceful and crime-free have changed. Whether you’re looking to invest in a new property or add to your real estate portfolio, adding a layer of scrutiny around the crime reports as well as how you can improve properties you already have to be more resistant to crime. Tenants rank safety high on their list when they are seeking a new place to live—making sure your property is safe in many ways is what we cover in this article.
Read MoreThe most common disasters that impact property are not just Nor’easters, blizzards or hurricanes—they can be from a roof leak, kitchen fire or even a vehicle collision. Disaster can strike from extreme weather, municipal emergencies such as water main breaks or tenant accidents. In this article, we’ve created a list of common income property-related issues that can arise from these types of events. Be a prepared and protect your investment against the unexpected and keep your property income flowing.
Read MoreHere’s the latest snapshot of the buzz in real estate, investing, financing and the market in general from over the past few weeks.
Read MoreDuring an economic downturn and pending recession, real estate investors are poised to do well if you take the right steps. In this week’s article, we provide a guide of how you can thrive during economic uncertainty. Real estate remains the most stable investment practice during any economic downturn—make sure you’re doing everything to take advantage of upcoming opportunities to grow your cash flow.
Read MoreRising interest rates, stricter lending criteria and a pending (if not already) recession, the US continues to struggle with its monetary policies. What do you do as an investor as securing funding for your first or next property becomes harder to come by? In this article, we cover the influences of current lending trends as well as providing alternative sources for securing financing for your next deal.
Read MoreTaken from the July 13, 2022, EIC Club Conversations event, Jennifer de Jesus talked about “The New Market” and how the economic environment, Federal Reserve interest rate actions and the overall market softening is opening up ample opportunities for real estate investors.
Read MoreThis week’s article includes tips shared on the 7/13/22 Empire Investment Club event, “Club Conversations: Sourcing Deals and Finding Off-Market Opportunities with Ronald Bowser.” Learn ways to find those hot off-market deals, especially when the market is softening and foreclosures are on the rise. You, too, can source your own deals with a little patience and the right resources.
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