The Mortgage Helper: How to Find the Perfect Tenant for Your Basement Suite

Do you have an empty basement or separated suite in your home? If you have a suite sitting empty, you are missing out on collecting some extra monthly income in the form of rent. Let's take a look at a quick four-step process that will help you find the perfect tenant to rent out your basement suite. Step 1: Play By The Rules Is this your first time renting out a home or suite to a tenant? If so, you will want to do a bit of research first. Read up on Fair Housing Rules and other regulations as these…
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Buying a Rental Property? These 4 Key Tips Will Ensure You Buy One That Turns a Profit

Are you starting to grow bored of watching your money go nowhere sitting in a bank account? With today's interest rates doing little to encourage saving, many individuals are looking elsewhere for new investment opportunities. In today's blog post we'll share four essential tips for buying a profitable rental property. Let's get started. Buy A Property With Year-Round Potential Many real estate investors agree that the best rental properties are those that generate income every day of the year. The most straightforward situation to manage is one where you have stable, long-term tenants in place that aren't going to move…
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The Easy 3-Step Guide to Get Started With Real Estate Investing

Are you interested in expanding your investment portfolio with hard, long-term assets that are almost certain to grow in value? If so, you will want to consider investing in real estate. Let's take a look at how you can get started with real estate investing in just three easy steps. Start By Budgeting Your Time And Money Real estate investing is just that – investing! Moreover, this, of course, means that you'll need to commit both money and time to see results. The great news is that if you're just getting started with real estate investing, you don't need to…
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Real Estate Investment: Three Telltale Signs You’re Not Cut Out to Be a Landlord

The idea of purchasing a property and having renters can be an exciting business venture that offers lucrative financial rewards. However, there's a lot involved in being a successful landlord and it's important to be aware of what's required before making the commitment. Whether you're investing in one rental property or five, here are some questions you should ask yourself before getting involved. Can You Do-It-Yourself? There's a lot more to being a landlord than taking the rental check, and one of these things is being there for the tenant when push comes to shove. If there are issues with…
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Understanding How Home Equity Works and Why Buying a Home Can Be Your Best Investment

When delving into the world of real estate and investment property, there are many terms that will come up that require further explanation. Whether you've never heard the phrase 'home equity' before or you have a little familiarity, here are the ins and out of what it means and how this asset can help your financial outlook. All About Home Equity Essentially, home equity refers to your portion of the value of your home, and the amount of this figure is important because it is included among your assets when determining your net worth. If this sounds confusing, think of…
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Money Matters: Understanding How a Mortgage Loan Can Be a Productive Investment

Most people tend to think of a mortgage loan as a necessary evil, an expense that has to be managed. But under the right circumstances, your mortgage can become a smart investment - something that makes you money instead of costing you money. With a little bit of ingenuity and a lot of hard work, you can turn your mortgage into a money-making investment that will pay dividends for years to come. So how do you turn your mortgage loan into a productive investment? Here's what you need to know. A Mortgage Can Help You Buy A New Rental Property…
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