Property management
Congratulation, you are a property owner! But now come the time to manage it properly, here are our tips to make it easy.
Pouring Your Money Into A Black Hole
The “fixer-upper” is a grand tradition of real estate. Many houses go on the market needing some work before they are truly habitable. Whether your intention is to live in the house or to fix it up and sell it on for a profit, you will need to do some work one way or...
Time Doesn’t Stop When You’re Renovating
When you buy a house for the purposes of renovating it, there may well be a simple equation in your head. Money spent on buying house + money spent renovating = total spend. Resale price – total spend = profit. Simple! Isn’t it? Well, maybe not. You see, on top of...
The Dos and Don’ts Of Renovation
It is important when renovating a house to bear in mind that there is a big difference between a loose plan and a final certainty. You may have ideas about what the house is going to look like and how much money it is going to make you, but those ideas can only become...
Buying To Rent – How To Make Sure It Works ?
One of the most popular ways of making money in the past few decades has been the boom in buying houses in order to then let them to tenants. Some investors do this by purchasing a house and then redeveloping it into apartments. Others simply buy the house and then...
Being A Good Landlord Is Harder Than It May Appear
1) Be ready When buying a house or apartment with the intention of letting it out to tenants, you may well have in mind one thing only – that day every month when the money transfers into your account and, for the privilege of letting people live in a property you...