Turning your home into a rental property is a great way to make money off your home without selling it, but it can also be a hassle if you aren’t prepared for the venture you’re embarking on. If you think that all you have to do is put an ad in the paper, wait for tenants to answer the ad and move in, and collect rent, you have no idea what it takes to be a property manager. You’re responsible for everything from maintenance to finding responsible tenets. If you’re a newbie landlord wondering how to get the most out of your rental properties, continue reading. Think like a marketer. If this is your first rental property, your top priority should be coming up with ways to attract tenants. You need to take pictures of your property and place them, along with a detailed description of your home and the…

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Real estate is one of the most prized possessions globally, and the United States has some of the most valuable real estate in the entire world. One of the many things that makes property such a popular asset is that it has unlimited potential. How much you can make off the property is dictated by its location and the potential that others see in it. The legend that Walt Disney paid $80 for an acre of land in Florida which eventually turned out to be the first piece of land in what was to become Disney World is an inspiration for many wide-eyed real estate investors. Walt was able to get the land for such a low cost because no one knew who the buyer was or his intentions for the land. No one saw the potential of their property until they learned who the buyer was, which lead to…

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