Brooklyn News & Real Estate Trends 

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

July 14, 2021

Managing Your First Rental Property

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Managing Your First Rental Property:
Helpful Resources for Getting Started

 

Ready to manage a rental property? Buying a home, conducting market research, and maintaining a rental can be a little overwhelming, especially if you’re completely new to real estate. Try not to let the complicated details scare you away from developing a lucrative rental business! Whether you want to run a short-term or long-term rental, use the following resources to help you get your bearings, and be sure to contact Century 21 MK Realty to help you find the right property!

 

Buy and Fix Up a Home

Purchasing a home and fixing it up are the first steps involved in managing a rental property.

 

3 Tips on How to Choose a Rental Property

Search Online for Potential Properties and Contact Melanie Kishk to Set Up Home Tours

Investment And Rental Property Mortgage Rates: How Much More Will You Pay?

 

Do Market Research

Conducting market research will help you learn about the demographics in your area and come up with realistic rental rates.

 

How To Do A Real Estate Market Analysis Like a Pro

7 Real Estate Demographic Factors That Determine a Successful Investment

How Your Investment Property Can Compete in the Rental Market

 

Hire Help

Having the right people on your team will make your life a lot easier when it comes to managing your rental property.

 

Make Your Job as a Landlord Easier With the Help of a Property Management Team

Vacation Rental 101: Housekeeping

How to Hire a Handyman for Rental Property

 

Avoid Common Mistakes

From making emotional decisions to letting rentals sit empty for too long, rental property owners can fall victim to costly mistakes.

 

Real Estate Realities: Grasping Property Investing Success by Letting Your Emotions Go

How Long is Too Long? Dealing With Vacant Rental Properties

Guide to How to File Online to Form Your Own Limited Liability Company in New York

 

Investing in a rental property can be a rewarding business venture. Be prepared to do plenty of work as you look for the perfect property, finance your big purchase, and turn it into a livable space. Remember, it may take some time to build personal wealth using your rental. As long as you can stay organized and motivated, you’re bound to be a great landlord!

July 13, 2021

Read This Before You Dive Into a Home Purchase