If you have the financial means, buying rental property may sound like an easy way to make extra income: purchase a house, rent it out, and relax as the profits roll in each month. Unfortunately, many would-be investors go into the home rental process without preparing a budget or fully understanding all the costs involved. [...]
Is buying cheaper than renting? You’ve probably heard that buying a home is cheaper than renting an apartment. And since the housing crisis, when mortgage interest rates dropped to historic lows while rental rates were rising, that was mostly true. Now that mortgage interest rates are rising, that's no longer a slam dunk. And, there [...]
Deciding to rent your home instead of selling it is not an easy decision, particularly if you were not planning on becoming a real estate investor in the first place. Homeowners often make this choice when they have their backs against a wall—they cannot sell, but they also cannot stay. If you find yourself stuck [...]
The arrival of winter means we’re bundling up in coats, hats, and scarves, but is your house ready for low temperatures? Here are some easy weatherproofing and winterizing strategies. Add these tips to your winter home maintenance checklist to help keep your home toasty warm and to lower your gas bill. Inspect and maintain home [...]
