Owning a rental property can be an excellent way of earning an additional income. However, it is a fact that owning these properties can involve a substantial amount of work. Fortunately, you can enjoy the benefits of owning a rental property without having to significantly add to your already busy schedule by hiring a property management firm. For those that are inexperienced with these firms, it may be beneficial for the following few questions and concerns to be addressed.
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If you are a first-time home buyer and in the market to purchase a home as soon as possible, then you may try to go through the buying process alone to save yourself some money. However, this may be a mistake and might actually cost you more in the long run. If you are worried about your finances and costs associated with a new home purchase, then keep reading to understand why a real estate agent makes sense financially.
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One of the lesser-known, yet nevertheless powerful, tools for selling a home is the neighbor letter. This letter lets your neighbors know that your home is for sale, and it alerts them to ways that they can get involved. It also let them know why they should. After all, they would benefit from having their own friends and family members as neighbors. Here are the essential parts you need to include in your neighbor letter.
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Every home has a smell, but homeowners are typically unable to smell their own home as others do. When bad, unpleasant, or musty smells develop, guests may notice it when residents don't. When you live in a place, your nose gets used to smells. Naturally, one common problem that many home sellers ignore is that their house smells. Here's how to get rid of icky odors before you sell your house.
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When you are starting the home buying process, you may run into homes that are in homeowner's associations (HOAs). If you do not know what they are, it helps to know these 3 things before you seriously consider the property.
HOAs Require Additional Cost
When the neighborhood has an HOA, it will require an additional annual fee that you must factor into your budget. These dues go towards running the HOA, which include paying for upkeep and maintenance of the community.
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