article thumbnail

Loss of rental income insurance: Essential coverage for every landlord

MRI Software

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

article thumbnail

Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

Rent control can lead to reduced rental income, which in turn affects the overall valuation of properties. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties. Similar propositions were defeated in 2018 and 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing Between Long-Term and Short-Term Rentals in Colorado Springs: A Guide for Real Estate Investors

Renjoy

from 2010 to 2020, reflecting a healthy influx of residents and a strong demand for housing. Simplified Management: Managing a long-term rental is often less demanding since it involves fewer interactions with tenants compared to short-term rentals. According to the U.S. billion to the local economy.

article thumbnail

Five Inexpensive House Upgrades to Boost Your Ranchos Palos Verdes Property’s Appeal

Real Property Management California Coast

Backed by over 30 years of nationwide experience, our property managers are here to professionally help rental homeowners successfully grow rental income while effectively cutting down expenses and inefficiencies. Contact us online or call us at 310-535-2150 today.

article thumbnail

Five Inexpensive House Upgrades to Boost Your Columbia Heights Property’s Appeal

Real Property Management DC Metro

Backed by over 30 years of nationwide experience, our property managers are here to help rental homeowners build up rental income while happily lowering expenses and inefficiencies. Contact us online or call us at 202-269-0303 today.

article thumbnail

Exploring alternative real estate investments: New opportunities beyond traditional assets

MRI Software

Industrial real estate in North America has seen double-digit growth since 2020 , fueled by increasing consumer reliance on online shopping. drives consistent rental income. Student housing Student housing is another resilient asset class, often thriving even during economic downturns.

article thumbnail

Is Investing in Colorado Springs Real Estate Right for You? A 2024 Guide

Muldoon Associates

There was a 15 percent increase from 2010 to 2020, and there are still more and more people moving into the area. Rental Market The rental market in Colorado Springs is only getting stronger, driven by a mix of young professionals, military personnel, and families. The population is spiking in our area.