Flint Foley Real Estate Blog
Think it’s a pipe dream, putting half of your after-tax income toward investments? Then you’re not thinking hard enough. Investing in real estate costs money. The more money you can put aside to invest, the more you can potentially earn in returns. And ultimately, that’s the goal: creating financial freedom by making more money.
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Among your many responsibilities as a landlord, the law provides for a warranty of implied habitability. This means that the dwelling must be considered habitable and any known problems must be fixed before you allow a tenant to take occupancy. When a tenant vacates one of your units, take this opportunity to perform a walkthrough of the unit to determine its condition and discover what repairs or maintenance need to be done.
Rental properties are GREAT investments. Don't believe me? Check out this article by Brandon Turner at Bigger Pockets about reasons why you should invest in rental properties.
Summer may be real estate's busy season, but winter offers great opportunities for buying a house, especially for renters looking to become homeowners, growing families trading up to larger houses and baby boomers seeking homes to fit their evolving lifestyles.
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