The rental industry is heterogeneous with the amalgam of private markets, some are slow and stagnant, and some are extremely competitive. The last couple of decades has been characterized by a large influx of institutional money and foreign investments. As a result, the vast sectors are dominated by big stakeholders – large property management companies. […]
Spain Real Estate market is a lucrative field for investment as well as a wonderful place to relocate if you are seeking a laid-back lifestyle and lower cost of living. If you are planning to make a move in this promising market, I prepared an express-guide for buying a property in Spain. Read up! Market […]
Should You Hire a Property Manager? Not every rental business require a property manager. That really depends on the multitude of factors: number of properties, experience in Real Estate, the remoteness of properties, etc. Nevertheless, the right property manager can be a game-changer and significantly increase the efficiency of your enterprise. In order to find […]
Once a sleepy navy town, nowadays San Diego is booming with residential and commercial developments. One of the reasons for that is a mild Mediterranean climate without extreme weather changes. Besides, the city is actively reinventing itself and creating public spaces mixed with residential and commercial pockets, making it a comfortable city for life, work, […]
Millennials are increasingly preferring renting over buying. The millennial generation, comprised of people born between 1980 and 2000 (roughly between 18 and 34 years old), grew up in a time of rapid transformation. They are prioritizing freedom and flexibility when choosing a home and renting is an ideal option. Here are the top five tips […]
Renting out property is a meticulous process. You need to constantly keep in mind various legal, economic and marketing aspects of renting. One of the most important things is to find a right tenant. Renting long-term is much different from short-term and vacation rental in this regard. It is not a short stay with minimum […]
The carpet rule or 80/20 rule is a requirement to cover 80% of the walkable part of your floors with carpeting. This practice’s primary purpose is to reduce noise and decrease the risk of disturbing the downstairs neighbors. Is There a Law Requiring Carpeting? Despite popular belief, this rule is not explicitly stated in any […]
Cannabis laws are changing at a rapid pace. The movement to legalize medical and recreational marijuana is gaining speed across the nation. Marijuana is prescribed for various medical conditions as well as widely used for recreational purposes. It is no longer a taboo or despised activity. In fact, cannabis transformed from a fringe movement to […]
Residential property as any commodity has a lifespan. You cannot utilize it forever, at a certain point the walls will become fragile, a foundation will start to sag and the building will collapse. However, the building can last for centuries if it is properly exploited. Of course, you cannot fully get rid of the wear […]
Once you made a decision to invest in the rental property you have another important choice to make. Will you prefer short-term or long-term renting? It is quite different business strategies and you should carefully weigh the pros and cons. Short term rentals usually last for a week or two and are paid on the […]