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If you’re looking to purchase an investment property, one thing to consider is whether or not to hire a property management firm. Some investors shudder at the thought of spending money to retain a company to handle the day-to-day operations of running a residential property. A typical property management arrangement might call for anywhere from

There’s a reason why 90% of millionaires invest in real estate. It can help you earn passive income and build long-term wealth. But the day-to-day aspects of being a landlord aren’t for everyone. Like anything, owning rental properties has its ups and downs. In this article, we’ll go over the pros and cons of becoming

It’s not really a secret anymore. Real estate is the best, fastest, and most predictable way to build wealth. If you play by the rules, don’t get emotionally involved, and use objective decision-making to invest in the right rental properties, you will generate revenue over time. However, there’s one big question that remains: What do

If you have a tenant who is chronically late with rent payments, or if they’re downright destructive to your property, you might be eager to get rid of them as soon as possible. This is why the eviction process exists; it provides you with a legal path you can use to remove your tenant from

Nobody likes the idea of dealing with pests, whether you’re tolerating them in your own home or are dealing with an outbreak in one of your rental properties. Some bugs are totally unavoidable; it’s almost impossible to have a house that’s completely free of flies and other insects. But what steps can you take to

Newcomers to the real estate investing world often think the secret to making gigantic profits is to “time” the real estate market correctly – in other words, buy real estate when prices are low and supply is high, then sell real estate when prices are high and supply is low. This idea isn’t necessarily a