Becoming a landlord might be a good way to earn income, considering the increases in rented U.S. households. Being a landlord requires someone to know their state’s landlord-tenant laws and handle necessary repairs and upgrades to make properties safe for tenants. Landlords can maximize their profit and save money by managing their properties themselves and performing regular maintenance. Forgo Consulting Professional Property Managers Property management companies that offer to market properties, screen applicants, meet with tenants, and handle rent collection for landlords can be efficient, but expensive due to various fees or monthly payments. Landlords who take care of marketing, tenant screening, rent collection, and maintenance themselves can save money. People can list their rental properties online without cost on listing sites such as Craigslist or Zillow Rental Manager, or create a blog post advertising the rental units they have available in apartment complexes. Deciding against using property managers allows…

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The state of North Carolina has become a popular destination for young professionals, growing families, and retirees. With a great climate, stunning scenery, thriving job market, and the nicest neighbors around, it’s hard to come up with an excuse not to move there. The Atlantic Coast, the Appalachian Mountains, and the Piedmont Region give a variety of culture and outdoor recreation for residents to enjoy year-round. Before preparing for your move to North Carolina, here’s what you need to know before moving to the Tarheel State.  Cost Of Living  North Carolina has a vastly lower cost of living than most states due to low rent, affordable housing, and low taxes. The housing market is thriving, with the average age of a house between 10 and 20 years old. The median cost of a house is $167,000 and the median cost of rent is $1,250.  Homeownership comes with the responsibility of…

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It’s no secret that car dealerships are facing trouble as a new decade approaches. Thanks to changes in technology and the ease with which people can hail a car using apps like Uber or Lyft, car dealerships and automakers alike are looking for better ways to appeal to consumers.  While it’s true that there are no silver bullets to make your job as a dealer easier, there are several tools that you can leverage to improve your business. If you’re looking to gain a competitive edge in the auto market, here are a few secrets that dealerships need to pay attention to.  One way to increase your profits is to decrease your expenses. While this is no secret to any business owner, thinking about this problem creatively is one way to get ahead in the auto market. A dealership that is running as lean as possible has a much higher…

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In the digital age, many businesses have moved a portion of their sales to e-commerce platforms online. However, there is often still a demand for these brick-and-mortar businesses to also sell their products in person. In some situations and industries, in-person traffic is much better than online traffic, since people can purchase an item or good with more confidence. While great strides have been made in the world of clothing sales online, the fact remains that many people would rather purchase in person than online so that they can try their clothes on in-person. If you’re interested in boosting your sales by increasing foot traffic to your store, here are three surefire solutions to try. Use geofencing to your advantage What’s one of the major reasons that so many people have switched to buying items online instead of in-person? Convenience. However, what many people don’t realize is how it can…

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If you’ve decided “I want to sell my house in Orange County, and I need to do it fast,” then you have a few important things to do to prepare your home for selling. When you’re looking to sell your home to a reputable buyer in California, you need to ensure your home is in the best condition possible to attract ideal buyers. And while obvious things need to be done, such as getting your home appraised and actually listing it for sale, a few other important steps need to be taken, too, if you want your house to sell fast. Post the best photos possible To attract great buyers, you need to market your home in the best way possible and this involves taking great pictures of your home. Taking pictures of a house isn’t always as easy as it seems. In fact, a lot of sellers post unflattering…

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If you’re a property manager, you know that there are many tasks you need to accomplish every day. You’re in charge of collecting rent, finding and managing tenants, and any maintenance that needs to be done. Partnering with one of the excellent property management companies Fresno can help make some of these tasks infinitely easier, but there is still a lot to be done.  The constant daily work can often lead to the inability to take a look at the overall maintenance of your property. With this annual maintenance checklist, you’ll make sure your property is always in excellent working condition without neglecting the day-to-day tasks that make your tenants happy.  Check the condition of common spaces When you’re constantly addressing needs in individual units, it can sometimes be a struggle to remember to check common spaces. At least once a year, inspect the areas that are shared by your…

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Choosing to invest in real estate can be a smart move if it’s done correctly. A lot of mistakes can be made along the way, but real estate is a great way to increase income — but before you invest in real estate, figure out what type of financing you’re interested in. If cash isn’t a viable option, a hard money loan could be the way to go. So let’s talk a bit about what a hard money loan is and why it can be beneficial. What exactly is a hard money loan? A hard money loan is typically defined as a short-term loan that’s used in real estate investments. These loans can be used by anyone interested in making a real estate transaction but because they are often short-term, they are primarily used by investors looking to fix up a house and sell it right away. The terms for…

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For many people, buying a vacation home might seem totally out of reach. You might think this is something only the richest people can afford to do, but actually, many people are able to own a vacation home. Hundreds of thousands of vacation homes are purchased every year, and the median household income for vacation buyers is only $89,900. Purchasing a vacation home is well within your means, but can you use home equity to buy a vacation home? Here’s everything you need to know. How can you get the money for a vacation home? One of the simplest ways to get the money for a vacation home is to use the equity from your current home. By refinancing your home, you’ll be able to afford the vacation home of your dreams. There are many advantages of refinancing for renovation or a vacation home. Refinancing is basically replacing your current…

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Millions of homes are sold every year, and this year, yours might be one of them. If you’re hoping to relocate to a new neighborhood, you want to make sure you do a bit of research before you buy. But how do you know what to look for in a neighborhood? Here are the steps you need to take to research your new neighborhood before you buy a home there.  Medical providers If you’re moving to a new area, you want to make sure you have access to excellent medical providers. You might still be able to see your old providers if you haven’t moved too far away, but if you’re in a new part of the state or a new state altogether, you’ll have to do some research and make sure there are providers you like in the area. If you feel comfortable, talk to your potential new neighbors…

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Holding an open house is a great way to ensure your home gets noticed. However, in today’s highly tech driven world, it’s simply not enough to spruce up the rooms and open the doors. As a matter of fact, so much of selling and marketing your home is now done online that you can’t have an open house without going digital, from creating fliers to letting the world know the day and the time of the event. Luckily, there are quite a few things you can do to ensure your open house is the success it deserves to be. So, keeping that in mind, read on below for a few tips to help you do just that.  Get help One of the easiest ways to ensure your open house goes off without a hitch is to hire a professional real estate agent to plan and execute the open house for…

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