June 7, 2019
One of the biggest questions landlords face is whether to include utilities in the rent. All rental property owners are in the real estate business with a goal of maximizing cash flow and there are arguments supporting utilities inclusion in the price of rent. Perhaps your rental unit does not have its own meter or you're unsure as to how you would charge "per person".
May 29, 2019
The Beach Boys "raised a fuss" about "workin' all summer just to earn a dollar." In fact, they even threatened to take their "problem to the United Nations." Many landlords probably share the same emotions during summer months when prepping rental properties for warm weather season. Fortunately, there is a cure for the summertime blues and summerizing your rental doesn't have to be as difficult as it sounds.
May 23, 2019
Southern states are loaded with transient residents who are considering the option of renting out their homes. Innovative Property Solutions presents four points to consider as you determine whether renting out your home is the right move for you:
May 16, 2019
You don’t have to be a genius to own rental property. You just need a good business plan and a strategy for securing good properties at low costs. You don’t even need to live in the same state as your rentals.
May 10, 2019
Innovative Property Solutions handles questions regarding emotional support animals almost daily. Understanding policies & procedures, having a good handle on state and federal laws and knowing how to determine whether or not an animal has truly been prescribed for a tenant are all matters which are dealt with on a repeated basis.
May 3, 2019
We recognize that not all landlords will be functioning locally. Therefore, we have constructed four hacks for the long-distance landlord:
April 26, 2019
Every investor's goal is to build passive income and there is no better way to do so than via rental properties. Financial independence doesn't have to be a dream. In fact, you could realistically collect an extra $2,000 per month via rental real estate. It's not as difficult as you might think.
April 19, 2019
Imagine investing time and efforts into opening up a new ice cream parlor. Opening day is a success and the cash is rolling in, however you have decided you are only willing to give the business a 25% commitment. After all, it is more work than you had initially planned and your heart is no longer in the ice cream biz.
April 11, 2019
Depreciation is normally noted for being a negative term, however there are many tax benefits for this otherwise annoying word.
April 5, 2019
Vacation rental owners are currently experiencing some of the lowest vacancy rates ever and otherwise profitable investments are now becoming liabilities.