Remove 2015 Remove Maintenance 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

Increases Property Value: For multi-unit properties, higher rental income directly impacts your property's market value. Matches Market Rates: Redding's rental market evolves, and keeping your rent aligned with local trends ensures you're not leaving money on the table. rising maintenance costs) to build understanding.

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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Practice proactive risk management strategies like robust tenant screening and maintenance plans. Implement proactive risk management strategies like robust tenant screening and preventive maintenance. Additionally, incorporating preventive maintenance strategies is key to controlling costs and extending the life of your property.