1031 Exchange Rules: What You Need to Know

How does a 1031 exchange work

In the real estate industry, the term 1031 exchange is based on the IRS Section 1031 that is considered by savvy investors as a strategy to build wealth and defer capital gains taxes. Is this the right real estate investment strategy for you? First, you need to understand how a 1031 exchange works and the…

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How to Evict a Tenant Quickly

How to Evict a Tenant Quickly

A tenant who does not pay rent on time or defaults on payment is a no-no for any real estate investor. Not only do they affect your bottom line, but they can also drag you into a legal mess with the eviction process. For landlords, knowing how to evict a tenant quickly and legally is…

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A Breakdown of Commercial Property Management Fees

Commercial Property Management Fees

Managing a commercial property is far more complex than residential real estate properties. Unless you are a highly experienced investor, it is often wise to work with a property management company to improve on the profitability of your investment and to achieve your ROI in the long run. But in exchange for the professional service…

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Is Baltimore a Good Investment?

investing in Baltimore real estate

According to this Baltimore Sun report, the real estate market in Baltimore is vibrant and doing extremely well, with some properties selling in as little as 6 days. Known as the “City of Neighborhoods”, this is good news for anyone looking to invest in real estate in the city. There are several neighborhoods to choose…

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Essential Property Maintenance Services for Landlords

property maintenance services for landlords

Being a successful landlord requires wearing many talents: from advertising and marketing your rental property, finding and screening tenants, taking care of the finances and paperwork, and more importantly, keeping the property in a good livable condition. Doing preventative maintenance and emergency repairs is part of the job description. After all, you want to take…

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Up-and-Coming Neighborhoods in Baltimore

Up-and-Coming Neighborhoods in Baltimore

If you are looking to move to the East Coast to a city that is affordable with plenty of employment opportunities, unique architecture, incredible history, and a vibrant arts scene, consider Baltimore. While there are many other popular cities in the area, such as Philadelphia or Washington DC, there are several up-and-coming neighborhoods in Baltimore.…

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What Does a Property Management Company Do?

what a property management company does

“Do I need to hire a property management company?” This is one of the first questions that landlords find themselves asking as they prepare to get their property rented out for extra income. Many landlords get by with doing the property management on their own, but this can get a bit difficult when you have…

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11 Tips for Landlords for Success

ips for Landlords for Success

Renting out properties can provide a steady stream of income, but ask any landlord in your neighborhood, and they will tell you that it is not all smooth sailing. It takes a lot of time and energy to prepare and maintain a property, not to mention the work it takes to screen, keep, and even…

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Landlord Insurance for Rental Property – Do You Need It?

learn about landlord insurance for rental property

If you have property that you want to rent out to gain extra income, then you need to learn about landlord insurance for rental property. Becoming a landlord is financially rewarding, but it also entails some risks. This is why you need to get the right insurance to hedge against any potential risks and to…

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The Pros and Cons of Section 8 Rentals

Pros and Cons of Section 8 Rentals

If you own or are planning to own a rental property, you might be curious about the idea of becoming a section 8 landlord. There are several opinions about the pros and cons of section 8. so take some time to learn about these and decide if this is right for you and if it…

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