The Philadelphia Caller
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PHILADELPHIA - The demand for single-family rentals has increased in recent years. It started before the foreclosure pandemic and has accelerated significantly in the last 18 months. The shortage of affordable housing and current demographic trends show that demand will continue to be strong. And as the population continues to grow, so will the rental market.
PHILADELPHIA - If you've decided to do a 1031 exchange, there are a few things that you should know. First, the exchange must be conducted through a qualified intermediary. This person is responsible for conducting the exchange on your behalf and avoiding the pitfalls. This intermediary should also have connections with the best 1031 exchange companies in all 50 states.
PHILADELPHIA - A rent roll is a key component of a property's financial statement. It tells a landlord or investor whether the property is generating consistent revenue and if there are any red flags that need to be investigated further. In addition, it helps to alert potential investors to long-standing problems. Despite its importance, it is important to analyze the data in the context of the whole property.
PHILADELPHIA - Working with Section 8 tenants is a risky and time-consuming task. The landlord-tenant laws are complicated and the process can feel like a minefield. Many landlords believe that Section 8 tenants are in financial trouble, but in reality, many people who qualify for housing subsidies are unable to work because of their health, disability or old age.
PHILADELPHIA - Section 8 real estate has its pros and cons. Section 8 tenants may not be the best tenants for your property, but you are not liable for any damages they may cause. In addition, Section 8 tenants are vetted. If you do not want to deal with these tenants, you should consider other types of investments.
PHILADELPHIA - Real estate investing is a great way to start a career and build a substantial portfolio. Whether you are looking to invest in single-family homes, apartment buildings, or commercial properties, there are several strategies you can use to get started. These strategies are outlined in this article.
