leasing: Common Costs To Expect As a New Landlord
- 07/22/15 02:53 AM
Keep in mind that there can be expected and unexpected costs when renting your home or investment property. A competent professional property manager will advise you on the most common costs and the ones that can sneak up on you. Here are a few to keep in mind.
Taxes As you probably know, rent income is taxable. If your income exceeds your expenses, be prepared to pay extra taxes. You may also want to protect yourself and your assets by incorporating. There are extra fees for that as well. If you have a mortgage, the good news is that the interest you pay … (0 comments)
leasing: Great News for Property Management Companies and Landlords!
- 05/27/15 02:56 AM
As an experienced property management company in the Kansas City metro area, we watch the local and national rental trends closely. According to a new poll of 2000 adults, even though rents are going up, most renters are not ready or wiling to purchase a home yet. They also say most renters have positive feelings about renting. The idea that rising rent does not motivate renters to buy, is contradictory to what the typical housing market experts think. This leads many to believe that the rising rents are due to rising demand. Also. according to the U.S. Census Bureau, more than 33% of households are … (0 comments)
Keep in mind that there can be expected and unexpected costs when renting your home or investment property. A competent professional property manager will advise you on the most common costs and the ones that can sneak up on you. Here are a few to keep in mind.
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