Cap Rate, or Capitalization Rate, What to Know Cap Rate, or capitalization rate, is a metric used to determine the potential return on investment for a rental property. It’s a common tool used by investors and landlords to assess rental property profitability and compare investment options. The cap rate is calculated by dividing a property’s…
As we begin the new year of 2023, rental rates are starting to decline from previous years. According to our recent analytics, we are seeing roughly a 3% difference in rental prices compared to previous years. This trend is being attributed to a number of factors, including an increase in the inventory of rental homes…
Property management is a complex industry and it can be difficult to understand how property managers make money. It’s important to understand the different sources of income for property managers so you can make an informed decision when selecting a property manager. Property managers can make money through rental fees, management fees, and other services,…
Real estate is by far one of the most effective ways to increase your net worth. With many people turning to real estate investing, you may be wondering if there’s an opportunity to get involved in such a lucrative venture. You could buy a home yourself, make some upgrades, and flip the home. Or, you can…
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