With real estate going for bargain prices in most of the country, it may be the perfect time to pick up some rental houses. But becoming a landlord means you need to find and keep tenants. You can enlist the federal government’s help by renting to people with Housing Choice Vouchers ( formerly called Section 8 ) and letting Washington help pay the monthly rent. (more…)
Successful real-estate investing requires owners to keep an eye toward creating value in the property. The successful investor judges the property’s potential profitability and makes a determination, based on thorough market research, whether he or she can spend a reasonable amount of money to boost the value of the property perhaps by two to three times its current market price.
In this article, we’ll look at eight improvements you can consider making to rental property that could easily boost the rents you receive and the value of the property. (more…)