Remove 2015 Remove Insurance Remove Rental Income
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Should You Convert Your Primary Home Into a Rental Property?

Authority Property Management

The answer depends on your financial goals, the local rental market , and how comfortable you are with being a landlord. From tax benefits to leveraging rental income for a new home loan, let's break down why converting your home into a rental might be a golden opportunity.

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When Is the Last Time You Raised the Rent?

Authority Property Management

The Pros and Cons of Raising Rent Pros of Raising Rent: Keeps Up with Rising Costs: Property ownership isn't cheapmaintenance, taxes, insurance, and utilities all creep up over time. Increases Property Value: For multi-unit properties, higher rental income directly impacts your property's market value.

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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Staying informed about local codes, regularly updating lease agreements to reflect current regulations, and maintaining adequate insurance coverage are essential components of legal compliance. The escalating average legal verdicts in real estate from 2015 to 2019 underscore the importance of prioritizing legal compliance measures. .’