Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
So you have a rental property in St. Charles, and you’ve got a friend or family member wanting to rent it from you. Sounds perfect, right? You’ll know who is living in your rental property, so they’ll take better care of it and pay rent on time. Peace of mind for...
The St. Louis real estate market is shifting, and what once was a major seller’s market is now quickly evening out for buyers. Sellers are seeing longer days on market and not as competitive of offers as before. This is leading more and more sellers to turn to renting...
When remodeling your rental home, it’s essential to consider the long-term benefits. However, because upgrading a home is never a cheap process, you’ll probably want to get the most bang for your buck. This entails assessing current and prospective...
There are several factors to consider when determining the appropriate pricing for your property. You must select a rental price when you first put your home on the market or when you have a vacancy at your current rental. The perfect pricing will entice potential...
A landlord is required to see to it that their rental properties are in excellent condition. Managing a rental unit can be taxing given the time and energy required to oversee it. With plenty of people renting the unit, it can also mean more maintenance tasks to tend...