Investment Property Loans: Everything You Need to Know

Investing in real estate requires capital, whether you’re buying a vacation condo to rent out, a single-family home for leasing, or a multi-story apartment building. Rental property loans can provide the capital you need, but they’re not exactly the same as conventional home mortgages. It’s important to understand the nuances of these loans before you sign on the dotted line.  Why Use an... Continue reading
Expense Management Tips for Property Managers

Expense Management Tips for Property Managers

Whether you rent out a single house or manage multiple buildings with hundreds of tenants, it's always important to keep your property management costs to a minimum to ensure profitability. Here are several ways to reduce your costs for both commercial and residential properties.  Continue reading

40 Tips for Buying Your First Rental Property

Buying rental property can be a great way to earn income—whether you’re purchasing a condo, a single family home, an apartment building, or a number of properties to diversify your rental portfolio. Today, individual investors own more than 47% of rental units in America, according to Harvard’s Joint Center for Housing Studies’ America’s Rental Housing Report. But rental property investments can... Continue reading

20 Average Monthly Expenses to Include in Your Budget

Whether you’re creating a new budget or refreshing an old one, you’ve probably noticed how important (and difficult) it is to get your monthly expenses right. Underestimating or missing an expense can throw your spending strategy into disarray, so it’s helpful to have guidance on the budgeting norm. To help you get it right, we’ve assembled a list of the most common average monthly expenses.  20... Continue reading

Financing the Family Vacation

With Memorial Day coming up, summer and the travel season are officially kicking off. Everyone is planning to get out of town and have some fun in the sun. Family vacations are all about bonding and having fun, but unlike when a group of friends travel together and split the costs, it's usually Mom and Dad who foot the bill. Planning how to finance your vacation ahead of time can eliminate the... Continue reading

Rollover IRA: Rules, FAQs & How-To’s

When you have money in a 401(k) or other type of retirement account, you may need to move it if you leave your job (or for other reasons). In this situation, you may consider transferring the money to a type of account known as a rollover IRA. What is a rollover IRA? A rollover IRA is an individual retirement account that can receive funds from a 401(k) or other type of retirement account.... Continue reading

Property Management Software: 6 Features Experts Want

If you’re a property manager, chances are your job requires you to juggle a lot of different tasks at once. Collecting rent, scheduling and managing repairs, maintaining a budget, posting and updating vacancy listings, keeping track of important legal documents—these are just a few of the many moving parts you have to stay on top of every day.  Whether you manage a single unit or multiple... Continue reading

What is Portfolio Management? 5 Things Investors Should Know

What comes to mind when you hear the term “portfolio management”? Depending on where you are in your life and career, you may only be familiar with the basics, or you may have a fairly well-rounded understanding of how investment portfolios work and why they’re so important.  Regardless of where you stand—whether you’re a beginner investor looking to expand your knowledge or an experienced... Continue reading

10 Budget Categories That Belong in Your Plan

At its most basic, a budget is really just a spending plan for your money. A well-thought-out budget can help you take control of your finances and use your money with purpose rather than spending it haphazardly—a habit than can quickly lead to problems when it’s time to pay the bills each month.  The first step involves breaking down your regular expenses into budget categories to get a clear... Continue reading

Best Products to Have in Your Portfolio

Successful investment portfolios practice diversification. Simply put, it's not wise to put all your eggs in one basket. That basket must be looked at regularly to see which eggs are pulling in a profit and which are losing money. Be consistently watchful to make sure you always have the best products in your portfolio. Domestic Stocks Domestic stocks are those of American companies traded on the... Continue reading

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