Townhomes are becoming very popular. If you're in an area where homes are very in demand, you might consider purchasing a single-family home and then dividing it. There are often more single-family homes for sale, and you can make more substantial rental profits.
Here are some things to consider.
Take a Look at the Interior
If you're going to be creating multiple rentals in a single-family home, you need to have a realistic way to partition it out.
[Read More]
Building A Home? How To Prepare Yourself For The Experience
Finally getting to the point where you can build a home from the ground up can be a surreal experience. You may have had a lifelong dream of one day living in a custom-built home, and now that it's finally about to happen, you probably want to dig in, break ground, and get the process started. However, building a great home takes a lot of thought, and it's better to do the planning ahead of time instead of waiting until you're knee-deep in the soil to make changes.
[Read More]
The Importance Of Understanding Landlord-Tenant Laws With Rental Properties
If you own just a few rental properties, you might not have any trouble keeping up with keeping the units maintained and rented, but you might have problems understanding landlord-tenant laws. As a landlord, though, it is your responsibility to know the laws and follow them, as you can experience a lot of legal trouble if you break any of these laws in your state. Here are several problems you could encounter if you do not know and follow the landlord-tenant laws in your state.
[Read More]
What You Need To Know About Buying A Waterfront Home
A home that is situated by a large pond, lake, or ocean is considered a waterfront home. Homes that are located near water are often worth a lot more money, as this is the type of location people highly desire, and you can find all kinds of homes on the water. If you are thinking about buying a home like this, here are a few things you should consider before you begin searching for the right home.
[Read More]