How To Attract And Keep Good Tenants At A Rental Property

April 19th, 2016

Real estate investors who own rental property need to focus on securing good tenants in order to earn the greatest positive cash flow. The best way to find good tenants is to set up an advertising campaign that reaches potential individuals throughout the market. Second, only select the best individuals in the area to live at a property by screening applicants. Third, realize that happy tenants are generally good tenants and investors should do everything necessary to address their concerns. Finally, encourage good tenants to sign leases over and over in order to reduce the turnover rate.

Real estate investors who want good tenants to fill their rental property should take advantage of a comprehensive advertising program. Since advertising is the best way to expose property to tenants, investors should spend the money necessary to develop the exposure they need. Those who focus on in print advertisements, real estate classified websites, and develop a strong social media presence, should be able to connect with tenants throughout the community. In the end, investors should continue this advertising program throughout the course of their investment, setting aside a bit of positive cash flow every month to pay for this campaign.

Real estate investors should set up a tenant screening process in order to only accept good tenants. Those investors who have standards should stick to them in order to end up with individuals who pay the rent on a monthly basis. While it is easy to start accepting any individual, when vacancy rates are high, it is generally counterproductive, as many of these individuals will default on their rental payments. In most cases, investors should stick with their tenant screening requirements and build up their occupancy at a stable rate.

Real estate investors who have good tenants living on site should do everything they can to keep them happy. Since tenants are the only source of positive cash flow, investors need to treat them like gold. Simply put, investors who maintain communication with their tenants and encourage them to initiate contact will likely end up with a better experience overall. As soon as a tenant demonstrates concerns, it is important to remedy the problem immediately. Those tenants who feel like they are treated with respect have no reason not to pay the rent and will likely offer real estate investors with the greatest cash flow.

Months before a lease runs out, real estate investors should offer good tenants with a new application in order to encourage them to renew their lease. Since repeat tenants are crucial in order to capitalize fully on a rental property, investors should give these individuals a renewal application at least three months before their original lease runs out. In many cases, these individuals will sign this lease and give real estate investors a profitable cash flow for another year or longer.

Real estate investors who search for good tenants and aim to keep them satisfied should be able to earn the greatest positive cash flow with their rental property.

Asking questions with these tips in mind will help save real estate investors thousands. For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com. We are the nation’s number one home buying franchise with over 15 years of experience. Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business. Come see us for more information.

Focus On Multiple Strategies When Advertising Rental Units

April 19th, 2016

Real estate investors who own rental property need to focus on advertising rental units in order to take advantage of the lowest vacancy rate possible.  There are a multitude of advertising options available when searching for tenants.  Those investors who have an advertising fund set aside and professional quality advertisements should choose to list their ad all over the market.  Those investors who advertise a property heavily will likely find that they have a waiting list of tenants looking to live on site.  In the end, these investors stand to earn the greatest cash flow and take full of advantage of their investment.

Real estate investors who focus on advertising rental units should be able to increase their screening standards and eventually end up with the best tenants on the market.  Since tenants are everything to a rental property investor, take all the time necessary when analyzing potential candidates.  Those investors who screen tenants based on their rental property history, job history, criminal history, and current job status will likely be able to gauge potential tenants accurately.  In the end, those who only accept the best individuals on the market will likely have fewer problems and be able to generate a greater profit.

When advertising rental units, focus on utilizing the Internet, as many potential tenants search for a rental property here.  Since potential tenants search for their next property online, be certain to have a high ranking on search engines and take advantage of social media in order to expose a property.  In addition, take advantage of online rental property directories, as many potential tenants use these websites when deciding where to live.  Lastly, take out Internet advertising classifieds in order to receive the exposure necessary to find tenants.

Another profitable strategy to take advantage of when advertising rental units is to list them in rental directories and the newspaper.  As many tenant still use in print advertisements when looking for a rental property, investors need a presence here.  While these types of advertisements often cost a great deal, investors should have an advertising funds set aside in order to capitalize on these resources.  In order to receive the best deal and take advantage of exposure all year long, maintain a presence on these advertising resources throughout the year.

Those investors who continue advertising rental units, even when their property is completely full, should be able to take advantage of a waiting list of tenants looking to live on site.  Those investors who end up with a waiting list of tenants will be able to increase their screening standards and ultimately, end up with higher quality individuals living on site.  As this happens, real estate investors will likely end up earning a greater positive cash flow, as their risk level decreases significantly.

Real estate investors who focus on advertising rental units should be able to earn the greatest profit with their investment, as they are able to keep their vacancy rate low.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

How Do Successful Real Estate Investors Purchase Real Estate

April 19th, 2016

Successful real estate investors understand certain factors that allow them to prosper.  In most cases, successful real estate investors choose to purchase rental property, the most stable real estate niche.  These investors almost always choose to purchase a rental property through leverage in order to get the most out of their investment.  Successful real estate investors understand that they will obtain results over the long term, and aren’t looking to get rich quick.  With that said, these investors focus on cash flow and are willing to put in the work to keep their property operating on all cylinders.

The reasons why successful real estate investors generally choose to purchase rental property is because they can take advantage of leverage, cash flow, and a low risk level overall.  Since rental property offers so many advantages that other real estate investments don’t, it is the go to investment of most real estate investors.  These investors simply need to make sure that they purchase a rental property in a growing region that has plenty of tenants available in order to capitalize on their exit strategy.  In the end, investors should find that their property appreciates in value, as they collect a monthly profit from their rental rates.

Successful real estate investors understand how to get the most out of leverage.  Those investors who have the credit and necessary down payment can capitalize on lender financing, reducing their overall risk.  In addition, these investors don’t have to spend all of their capital on an investment and can generally purchase a larger investment than they would otherwise.  This amounts to greater potential cash flow and a greater profit overall.

Successful real estate investors focus on the long-term and aren’t interested in getting rich overnight.  With that said, investors should focus on purchasing a property in a region that is slowly increasing in value, while more people are moving into the area.  As the demand for rental property increases in such a location, rental rates will accelerate as well, offering real estate investors with a greater positive cash flow.  These investors simply make sure their property is operating smoothly, collect the rental rates, pay down their mortgage on a monthly basis, and keep the profit.

Successful real estate investors make sure that their investment is collecting the greatest amount of positive cash flow and are able to collect a profit on a monthly basis.  In order to collect the absolute most positive cash flow, investors should do what they can to keep their negative cash flow streams from eating up their profits.  One way to do this is to make sure maintenance responsibilities are being handled properly in order to avoid large scale problems that cost a great deal of money.  Another way to do this is to hire a property management company that will look after tenant issues, keep a property in excellent condition, and allow investors to leverage their time.

Those who want to emulate successful real estate investors should follow these steps accordingly.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

Flip A Rehab Property Easily By Following These Steps

April 19th, 2016

Real estate investors who want to flip a rehab property with ease should understand how to select the absolute best investment, work through this project, and find a buyer.  Ideally, investors should purchase a rehab property in a growing area, as there are likely to be plenty of buyers available when this project is completed.  Those investors who understand their costs and the time required to complete a rehab property should do everything they can to stay on schedule in order to earn a profit on the flip.  When everything goes right, real estate investors should be able to capitalize on a decent profit, as they will likely be able to find a buyer quickly.

In order to flip a rehab property quickly, investors need to invest in the right area.  In most cases, the right area is an economically viable region that has a growing population.  Since population growth increases the overall demand for property in a particular city, investors should take all the time necessary when looking for the right location.  Those who work through a project while their market is increasing in value will likely earn a premium once they flip this investment on the market.

Real estate investors who are able to flip a rehab property quickly should understand what the entire project entails.  With that said, analyzing a property and determining all the projects that need to be completed is necessary in order to develop a plan for moving forward.  Ideally, investors who perform rehab projects should be familiar with the field in order to estimate their costs and the time required to complete a project.  Those who are just starting out in this field should hire a professional in order to make an informed choice.

Those investors who are able to flip a rehab property quickly understand how to remedy problems and move forward with their investment.  Often times, hidden problems will jump out at rehab property investors.  Those investors who have a significant potential profit margin should be able to handle these issues and still earn a profit when they flip their property on the market.  In many cases, hiring a contractor to perform the rehab work is the best choice, as these individuals will likely understand exactly what they are doing and be able to limit costs overall.

Those investors who end up being able to flip a rehab property quickly focus on marketing and should be able to connect with a buyer in no time.  Since intelligent rehab property investors will be selling their property as property values are increasing in a particular area, they should have no problem connecting with buyers.  Ideally, work with a Realtor and perform an advertising campaign in order to expose a property widely to buyers.  Those investors who are able to capture the attention of most buyers in any particular area should eventually be able to sell their investment for a profit.

Real estate investors who want to flip a rehab property quickly should focus on their location, be able to work through a project diligently, and expose their finished investment to buyers.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

Find The Best Commercial Rental Property And Take Advantage Of High Rental Rates

April 19th, 2016

Real estate investors who are looking for the best commercial rental property should focus on capitalizing on a growing location.  These types of regions often have tenants who are willing to pay high rental rates in order to locate their business here.  Those investors who focus on keeping their tenants happy should take advantage of a low vacancy rate and collect a monthly profit.  In the end, investors who are able to speculate on the future of a particular region should choose to purchase a commercial rental property in a location that is bound to increase in value to the greatest degree.

The best commercial rental property is centrally located and in a region that is increasing population.  Since areas that are increasing population are generally doing so because the economy is improving, commercial real estate is bound to increase in value.  Overall, there are generally plenty of available tenants for commercial real estate in such growing areas.  Those investors who are able to speculate on the future and take advantage of an area as it is just increasing in value will be able to capitalize to the fullest extent.

Those who invest in commercial rental property should be able to find tenants who are more than willing to pay high rental rates in order to house their business there.  Since these tenants should be able to earn a profit, if they have a profitable business model, they will likely have no problem paying the rent on time.  As a particular area improves overall, businesses will likely be able to earn a greater profit and be able to pay higher rental payments.  Real estate investors who continue to increase their rental rates in order to remain competitive with the commercial rental property market will be able to earn the greatest positive cash flow.

The best commercial rental property should be easy to fill with tenants and real estate investors should be able to take advantage of a low vacancy rate.  Since capitalizing on a low vacancy rate is critical in order to earn the greatest cash flow, investors should do what they can in order to keep their property full of tenants at all times.  In many cases, purchasing commercial rental property that has a number of available units allows investors to take on the lowest amount of risk and eventually, earn the greatest cash flow, assuming that they can keep all their units full of tenants.

Real estate investors who take their time when selecting a commercial rental property should be able to capitalize on an area that is increasing in value and take advantage of property appreciation.  Real estate investors who target the best area should analyze various investments throughout the region and purchase the one that allows them to earn the greatest cash flow.  In almost every case, investors should choose a commercial rental property in an area with the greatest population density, in order to take advantage of all the profitable factors that this investment entails.

Real estate investors who want to take advantage of the best commercial rental property should focus on their location in order to capitalize on high rental rates.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

Finance A Rental Property And Take Advantage Of Leverage

April 19th, 2016

Real estate investors who are interested in the benefits of rental property should understand how to take advantage of leverage.  Those who want to finance a rental property simply need to have the down payment, closing costs, and credit in order to take advantage of a loan.  In the end, investors will generally end up with a larger property than they would if they had to depend on their capital alone.  Those investors who calculate their cash flow and are able to secure the best mortgage offer themselves with the greatest probability of success.

Real estate investors who want to finance a rental property should be aware of what is required of them.  First, investors should have excellent credit in order to take advantage of the best loan terms.  Second, investors should have the down payment, generally between 20% and 35% of the purchase price.  Third, investors should be able to pay for closing costs and immediately begin earning cash flow with their property.  In addition, investors should have an emergency fund set aside in order to handle problematic issues that may arise.

Those who want to finance a rental property should begin by consulting with a large number of mortgage providers in the area.  This will allow investors to compare and contrast various loan terms and eventually, end up securing the mortgage that enables them to earn the greatest profit.  At this point, investors should end up with a preapproval letter for a loan and begin searching for an ideal rental property.  Those who utilize this letter should be able to convince potential sellers to begin to work through negotiations.

Investors who want to finance a rental property should do what they can to purchase the absolute best investment available.  Since investors will be tied to their property for a long period of time, it is important that they select the investment that offers them the greatest profit.  With that said, research the location of a particular rental property and calculate the cash flow in order to determine its worthiness.

Those investors who are in a position to finance a rental property should move forward with the sale quickly and make sure they have everything ready to begin accepting tenants.  Since the first couple of months are crucial, investors should consider hiring a property management company in order to advertise a rental property and handle tenant needs.  As the years go on, managing a rental property will simply become a routine and an investor will be able to pay down their investment, while collecting a monthly profit.

Real estate investors who want to finance a rental property should understand what is expected of them in order to be able to capitalize on leverage.

Asking questions with these tips in mind will help save real estate investors thousands.  For more ideas related to real estate investing, call or visit us a Homevestorsfranchise.com.  We are the nation’s number one home buying franchise with over 15 years of experience.  Our company has a vast assortment of real estate investment and real estate franchise opportunities available to help you grow your real estate business.  Come see us for more information.

HomeVestors Realizes That Investing In Dallas Is Still Profitable Now

April 19th, 2016

Dallas is still one of the strongest cities in the nation and real estate investors should consider purchasing rental property here.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that real estate investors who are interested in investing in Dallas should focus on the rental property niche and aim to capitalize on a location that is near city center.  Since many people are moving into Dallas and growth is at an all-time high, a real estate investment in this city is likely a low risk pursuit.  In the best case scenario, investors who purchase rental property in Dallas should expect property values to accelerate, watch their rental rates increase, and take full advantage of their exit strategy.

Investors who are interested in investing in Dallas should purchase a rental property within city central or near to it.  Since location is everything when it comes to rental property profitability, investors should be able to capitalize on this ideal region of the United States and earn a profit.  Those who capitalize on this city now will be able to take advantage of the growth rates that have been in effect for the last couple of years, as they aren’t likely to stop anytime soon.

When investing in Dallas, investors should already have a full understanding of their exit strategy.  Those investors who want to purchase property now and sell it at some point in the future should focus on how much profit they wish to attain and sell their investment when it has reached this point.  On the other hand, investors who simply want to hold their investment and collect cash flow through their rental rates should be able to pay off their investment and turn their property into a cash flow machine.

After purchasing an investment in Dallas, investors should manage their property in order to profit.  Ideally, investors should keep an eye on their competitors and increase their rental rates when other properties around them do so.  This will allow investors to earn the greatest monthly profit and take advantage of what an investment in this city offers them.  Investors who simply want to put their property on autopilot should hire a property management company that handles the day-to-day activities.

Real estate investors who are looking for a great area to purchase a rental property should consider investing in Dallas.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

HomeVestors Focuses On Property In The Best Real Estate Markets

April 19th, 2016

Real estate investors who search for the best real estate market have the potential to capitalize fully on their investment.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that real estate investors who are contemplating entering the industry should search for the best real estate markets in order to take full advantage of their profit potential.  When analyzing real estate markets, look at locations that have been growing in population and desirability over the last couple of years.  Since these areas are likely to continue growing, purchasing a rental property in such a region allows investors to capitalize on a low risk real estate investment.  Some markets to consider in this regard include Denver, Austin, and Dallas.

Those who are looking to invest in the best real estate markets should analyze Denver, Colorado.  Denver has boomed in population and business development has been at an all-time high throughout the last couple of years.  Property values in Denver have increased consistently and rental rates are also increasing at an astounding rate.  Real estate investors who can find a rental property in Denver can capitalize on a relatively low risk real estate investment, assuming that this market continues to appreciate in value.

When considering the best real estate markets in the United States, one should also analyze Austin, Texas.  Austin has been on an upward trend over the last couple of years and many people are moving into the city.  The city of Austin has a strong tech sector and many millennials have found what they are looking for here.  Those who purchase a rental property in Austin should be able to collect an increasing cash flow, as rental rates are going up almost monthly.

Another one of the best real estate markets in the United States is Dallas, Texas.  Investing in Dallas is a relatively low risk pursuit, especially for investors who are looking for rental property.  Property values throughout Dallas continue to increase, offering real estate investors with property appreciation.  Since the city is expected to continue to grow, those who purchase a rental property here should be able to take advantage of all the positive aspects of such an investment.

Real estate investors who analyze the best real estate markets in the nation should begin their analysis by looking at Denver, Austin, and Dallas.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

HomeVestors Focuses On Investing In Denver In 2016

April 19th, 2016

The potential for property value improvements in Denver throughout the short term is likely, offering investors with profit potential.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that many real estate investors may be shying away from the Denver real estate market, as property values have accelerated significantly over the last couple of years, but there is no reason to believe that these values will drop dramatically over the short-term.  Instead, investing in Denver real estate, specifically rental property, is likely to be a profitable proposition that doesn’t come with a great deal of risk.  The investors who take their time and analyze the most desirable sections of the Denver real estate market should be able to find the investment they are looking for and allow it to earn them a decent return.

Those investors who are considering investing in Denver should be aware of their options before moving forward.  Those investors who have looked at the stats and understand where the greater majority of people are moving to should focus on purchasing a rental property in this section of the city.  Overall, expect property values to increase even more and take advantage of increasing rental rates, as Denver is still growing significantly.

The advantages to investing in Denver at this point in time should be obvious to real estate investors.  Population growth in Denver has demonstrated that it is one of the most desirable locations in the entire country.  Even though property values are relatively high, people are still pouring into the city and continue to push these property values up to even greater heights.  Those investors who capitalize on this market now will likely find that they are able to take advantage of these increases in property value and be able to sell their investment for a profit in a few years’ time.

Other advantages to investing should focus around cash flow.  Since the overall desire for rental units continues to increase to new highs, rental property investors in this city are earning a fortune.  Those investors who purchase rental property now will be able to capitalize on their share of the pie.  These real estate investors need to remain in tune with the market and increase their rental rates any chance they get.  Since people continue to enter Denver, expect vacancy rates to reside at all-time lows, allowing investors to earn a respectable profit.

Real estate investors who are looking for a profitable rental property should consider investing in Denver.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

HomeVestors Focuses On Investing In Austin As It Grows

April 19th, 2016

Austin, Texas is a great place to purchase a rental property, as the population and infrastructure is growing within the city.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that real estate investors who are interested in investing in Austin should focus on finding a rental property in an ideal location.  Those who do so will be able to take advantage of this growing city and ride this roller coaster of economic improvements to the top.  Those investors who have plans to sell their rental property for a profit should analyze the market and do so when peak property values are in effect.  On the other hand, holding a rental property in Austin over the long term and collecting an increasing cash flow is another viable exit strategy.

Real estate investors who are interested in investing in Austin should focus on capitalizing on a well-placed rental property.  Since the overall infrastructure is improving and the number of businesses are increasing, an investment in Austin makes complete sense from an financial standpoint.  Investors simply need to find a property that will enable them to earn a profit, purchase it, and move forward with their exit strategy.

Those investors who are contemplating investing in Austin and are looking to capitalize on property appreciation before they sell their investment should have a firm understanding of market speculation.  These investors should keep an eye on the economic conditions and hold their property, as Austin is improving.  During this period of time, investors should collect cash flow in the form of rental rates and be ready to sell their property when that time comes.  As soon as a property appreciates to the level an investor desires, they should list it on the market and capitalize on the transaction.

Investors who are interested in investing in Austin rental property and are looking to hold it over the long term should find that their cash flow increases and offers them with a respectable monthly profit.  These investors need to maintain their investment, fill it with high quality tenants, and increase rental rates when necessary.  As rental rates go up throughout the city, investors will find that they are able to earn even more profit after paying down all expenses.

Real estate investors who are interested in investing in Austin should purchase a rental property and take full advantage.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.