Posts from November 2023

Investing in your first rental property can feel intimidating. But did you know there are reliable formulas that can help you determine whether a property is worth pursuing? It's like playing financial detective long before a penny ever slips your hand!  While the stuffy, technical term is "real estate pro forma," these calculations and formulas are simple ways investors can estimate rental income, factor in expenses, and anticipate projected long-term gains.  And while these pro forma calculations are about as detailed as you can get, there are other general "rules of thumb" newbies investors should keep in mind when perusing properties.

Here are four:  

1) L...

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Winter is coming in just a few short weeks. Are you ready? Is your home ready? 

If you're a homeowner, it's important to take steps to prepare your home for the cold weather. By following a few simple tips, you can save yourself money and headaches down the road.

Follow these tips to prepare your home for winter:

1) Inspect your roof and gutters. Make sure there are no holes or leaks in your roof and that your gutters are clean and free of debris. Try using a telescoping gutter wand to keep the job quick and easy.

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