Category Archives: Investors

7 Tips for Selling a Rental Property

A real estate agent selling a rental property to a middle aged couple.

There are many reasons why people decide to sell their property. One of the most common ones is, of course, profit, or the lack of it. You might have spotted a chance in the market to profit by selling your property, or you have simply realized that renting it will not bring you the kind of profit you’re looking for, so you naturally decide to sell it. Nevertheless, there are many other reasons why people opt for this decision.

Selling a rental property is an exciting adventure, but you need to do it right. This is precisely why our Realty Executives team has decided to share some valuable tips for selling a rental property, so let’s get into it.

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RESPA- What Should You Know Before Buying a House?

A blue book with "RESPA" on the cover.

The Real Estate Settlement Procedures Act (RESPA) was enacted in 1975. The federal statute was introduced to stop malpractice and restrict the usage of escrow accounts in the real estate settlement process.

Who regulates RESPA?

Once RESPA became effective in 1975, it was under the U.S. Department of Housing & Urban Development (HUD) jurisdiction. Ever since its inception, the Act has undergone several amendments and changes. However, after 2011, the Consumer Financial Protection Bureau monitored RESPA due to the Dodd-Frank Wall Street Reform and Consumer Protection legislation.

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10 Questions to Determine if You Need a Property Management Firm

A property manager reviewing documents with owners.

Being a landlord is more than just owning a property. There are a vast number of tasks and responsibilities that come along with it and balancing them all can be stressful.

Fortunately, there are options you can explore to lighten the load and maintain a healthy, sustainable relationship with your tenants.

One of the easiest ways to reduce the managerial load of being a landlord is to hire a property management firm. But knowing when to utilize one can be tricky. How do you know when you need help? Asking yourself these 10 questions will help you ‌determine whether a property management firm is your best option. 

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Green Design and the Market for Commercial Office Space

A shared work space, one of the ways that a commercial office can be greener.

By 2030, emissions from commercial buildings will rise by 1.8%. What are commercial construction companies doing to reduce this figure, and how is it affecting the market for commercial office space?

The commercial office real estate sector took a hit following the pandemic. Is the emergence of green design a potential aid in the sector’s resurgence? Keep reading about green design and its effect on the commercial office market.

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How to Start Flipping Houses in Retirement

A retired couple sitting in a room in the property they are working on flipping.

If you love watching television home improvement shows and want to try house flipping for yourself, retirement is a great time to start. If done correctly, you can make some serious cash and feel good about breathing life into depressed homes. There are many communities to choose from, including age-restricted retirement communities. Let these helpful tips guide you to starting your own house flipping business as a senior.

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First Time Landlord? Here’s How to Rent Out Your Property

A first time landlord completing a rental agreement with clients.

Renting a property out may seem like a relatively simple task, but for first timers, there’s a lot to learn.

That said, once you have a clear understanding of what’s involved, it’s a matter of working through the steps to best ensure that you attract great tenants, and everyone can have a positive experience.

Here are the critical steps to take to rent out your property for the first time.

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Thinking of Starting a Vacation Rental Business?

A couple entering their vacation rental for the summer.

A vacation rental can be a great way to bring in money with minimal effort. Whether you’re looking for a side hustle or preparing passive income streams for retirement, you want to plan carefully when setting up this business model. Advanced planning will pave the path to success. These resources can help you get started on the right foot.

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