Buying investment property has one specific intention: to make a profit. Of course, maximizing profits means limiting the amount of taxes you pay on revenues. While most property owners deduct the interest and repairs, most overlook other key legal deductions. Here are 5 overlooked IRS tax deductions for investment property in Raleigh. Be sure to … Continued
Selling your mobile home to a direct buyer has many benefits over a traditional listing. Learn more about the best ways to sell your Raleigh mobile home in our latest post! As a mobile home owner, it is important to compare your options when it’s time to sell. Does it make money to hire an agent? … Continued
Investments come in all shapes and sizes. The investors who see the most profit, boast a diversified, and intelligently put-together portfolio. In this post, we will explain exactly why you should diversify and what you can do to get started! Why Should I Diversify? When you diversify your portfolio, real estate or otherwise, you are … Continued
Anyone can become a landlord. But not everyone knows how to find and keep quality tenants. To help increase your overall ROI, we have put together some ideas to help improve tenant retention! In the simplest terms, the more turnovers you have, the more days your property will be vacant. The more days your property sits … Continued
Marketing your mobile home for sale in Raleigh is different than marketing a single-family home. Learn more about the differences in our latest post! If you are thinking about selling your mobile home in the Raleigh area. It is important to learn about the different selling and marketing strategies that will work best for your … Continued
Are you thinking about buying your first rental property? Being a landlord can be a challenging experience. There are many things to keep track of, and one mistake can cost you. In our latest post, we have put together a checklist for the process of buying a rental property, the process of screening your tenants, … Continued
As a landlord, you will inevitably have to deal with the eviction process. It’s never fun, for you or the tenant. But there are ways to prepare, so you can make things go as smoothly as possible. Here are some do’s and don’ts to help you navigate the process. What You Should Do: Try to … Continued
If you are thinking about selling a mobile home in Raleigh, you will need to determine its value. Learn more about how to determine what its really worth in our latest post! Estimating the value for a mobile or manufactured home is a bit different than determining the value of a single-family property. By using … Continued
Managing rental properties can be a lot of work! Once you have more than one, it can be tough to keep track of everything. Thankfully, technology is making owning rental properties easier than ever. There are many different types of software out there designed to help you keep it all together. In our latest post, we’ve … Continued
Some people go into multi-family investments thinking it will be a breeze. After dealing with collections, maintenance, complaints, and repairs they will soon realize, being a landlord is a lot of work! At what point should you hire a property management company? It is a decision many landlords face. Do the benefits outweigh the cost? … Continued
Have you considered selling your mobile home in the Raleigh area? In our latest post, we will take a look at what listing your mobile home vs. selling to an investor in Raleigh will mean for you and your current situation! When its time to sell your mobile home, you should have a clear understanding of … Continued
If you own a rental property, you’ll need to know how to handle and resolve tenant conflicts. You will experience both conflicts with tenants directly, and also have to mediate between tenants if you own a multi-family property. Tension and fighting between neighbors will be stressful for all parties. It pays to be proactive in resolving … Continued
Successful real estate investors have a mindset that gives them the ability to negotiate a deal that makes business sense. Most real estate transactions between consumers are a very emotional deal. However, the probate process is very different, mixing a very emotional time in a family’s life with a very business-like probate court system. Here … Continued
Owning a rental property can be a great way to earn additional income. However, you’ll need to abide by the book in order to avoid conflicts and keep the peace. As a landlord, you will need to collect and handle rental deposits when tenants come or go. It can be an area of contention when tenants … Continued
If you’re thinking about selling your promissory note – that is, converting your promissory note into cash in Raleigh, you need to be aware of some of the steps involved. Otherwise, the process can easily become confusing and overwhelming. The tasks and tips laid out here apply to real estate notes, land notes, mobile home … Continued
