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Archives for September 2017

Single-Family vs Multi-Family Renters

September 26, 2017 by Marco Santarelli

Single-family home renters earn more money, have more kids, and are more likely to be married than multifamily renters.

Comparing the 16 million single-family renter households to the 28 million multifamily rental households:
[Read more…]

Filed Under: Getting Started, Property Management, Real Estate Investing

6 Reasons Why Money Doesn't Make You Rich

September 18, 2017 by Marco Santarelli

If you made $108 million dollars, would all your money problems be solved?

If you answered yes to this question, there’s a chance you don’t understand that having more money doesn’t solve your money problems.  It just brings new ones.

Take for instance the story of Antoine Walker. In 1996, he was drafted by the Boston Celtics and had a storied career.

[Read more…]

Filed Under: Getting Started, Real Estate Investing

2 Smart Ways to Improve Your Vacation Rental Property During the Off Season

September 15, 2017 by Marco Santarelli

It's no secret that Americans love camping and spending time outdoors. Whether roughing it in a tent or enjoying a luxury cabin, campers in 2011 spent 534.9 million days camping, an average of 12.6 days per person. And as the primary camping season starts to wind down, those who own and manage vacation rental properties have the ability to revamp their cabins and cottages and reevaluate their marketing strategies. Here are just a few ways to maintain or improve the quality of your vacation rental property during the off-season.
[Read more…]

Filed Under: Property Management

Renters Having Difficulties Finding New Homes After Hurricane Irma

September 14, 2017 by Marco Santarelli

After Hurricane Irma, Florida residents who rent their homes are facing a variety of obstacles: paying rent for uninhabitable homes, difficulties getting refunds on rent deposits, and struggling to find new housing in a strained rental market.

[Read more…]

Filed Under: Housing Market

Don't Blame The Millennials: Seniors Who Age In Place May Be Contributing To Housing Recovery Issues

September 11, 2017 by Marco Santarelli

The aging in place movement has prompted many seniors to look to the future and make changes so that they can remain in their homes and live full, uninterrupted lives. But even though the movement has allowed many seniors to have a better quality of life, it's arguably had another unintentional effect: it may be having a negative impact on the U.S. housing market. And Millennials are taking the brunt of the blame.

[Read more…]

Filed Under: Economy, Housing Market

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