We're seeing a rental trend with the Baby Boomer generation that is not unlike what we also see from Millennials. Baby Boomers are foregoing home ownership and embracing home rental.
There are many different ways to manage rental properties – but experienced landlords have found that some methods tend to work better than others.For those managing any significant number of rental properties, it's often a trial and error type of process. You do a lot more work for a lot less money the first year – and then you figure out what[...]
If it seems like there is always too much to do, that's because there is - welcome to the world of residential property management.
We are surrounded by profitable investment opportunities, with real estate being one of the most lucrative. Even when investing in real estate properties, though, you must ensure each unit is managed correctly, or your profit margins will suffer. You may also find yourself unable to retain tenants. Property management companies excel in[...]
According to reporting by the Census Bureau in 2014, the number of millennials in the United States outnumbers baby boomers with the former being 83.1 million and the latter being 75.4 million. These statistics mean that, while baby boomers used to represent the majority of our population, millennials are now representing one-quarter of our[...]