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Holly Welles
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How to Get Involved In Real Estate Investing In Your 20s
About 85% of millennials believe real estate is a good financial investment — and they aren’t wrong. Unlike the stock market, real estate investing allows you to collect cash flow — or immediate financial returns. Plus, there are tax benefits, the possible appreciation of your property and equity paydown. At the very least, your profits …
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Essential Fall Maintenance for Rental Properties
We’ve crossed the midpoint and left the first half of the year behind us. Fall is approaching, and it’s the perfect time for landlords and property managers to start thinking about the maintenance their properties will need to keep running smoothly through the cold winter months. Maintenance not only keeps tenants happy, but it allows …
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How To Avoid Security Deposit Drama
You want to do right by your tenants, just like they want to do right by you. So it’s important to make the rental process as easy and understandable as possible for everyone. In a best-case scenario, your renter will get their whole security deposit back because they’ve taken such great care of your space. …
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How To Market Your Rental Vacancy In A Slow Winter Season
Is your property experiencing the winter blues? Colder weather is traditionally a time when real estate slows down. People don’t want to go out into the nasty weather to look at properties, and only those who are forced to will relocate during the chilliest of days. If your property becomes vacant just before or during …
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How To Reduce Your Ongoing Maintenance Costs
As a property manager or landlord, it’s your job to keep your units safe and well-maintained. As a result, you can expect to spend a fair amount on maintenance every month. If you manage multiple properties or a building with many units, these upkeep costs can stack up quickly. Unfortunately, you can’t plan for every …
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Senior Housing Trends That Impact Real Estate Investors
If you’re a real estate investor, the ultimate goal is getting the most bang for your buck. The older population continues to grow across the U.S., and this generational shift creates new revenue streams to explore. What trends dominate senior housing? From aging in place to the growing number of people with chronic health conditions, …
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Why Are 18-Hour Cities Great for Investment?
You are probably familiar with 24-hour cities such as New York or Los Angeles, where the city never truly sleeps and people work around the clock. However, 18-hour locales are becoming more commonplace and offer some investment advantages over larger metropolises. For one thing, 24-hour cities are noisy and lack of sleep can be detrimental …
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How to Fix up Rental Properties Without Overspending
Your rental property is an ongoing investment. It may earn you a steady source of income, but it also demands a substantial sum of money in return. Without your attention, it’ll gradually fall into disrepair and lose its value, making it far more difficult to find tenants and maintain profitability. Fortunately, it’s easy to fix …
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How to Budget for Luxury Property Upgrades
Investing in real estate is always a little risky. If the market has a sudden downturn or something changes in the neighborhood, you could have trouble leasing units and wind up losing money. However, adding luxury properties to your existing investment portfolio gives you a rental option that isn’t as dependent on the current economy …
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When Does Hiring a Property Manager Make Financial Sense?
When you first start buying investment properties and renting them, it makes sense to do all the work yourself and keep costs low. However, there comes a point where freeing up your time to focus on acquiring more properties and bringing in more money makes more sense. How do you know when the time arrives? …
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