Blog

Few investments can offer the same consistency and stability as real estate. Investing in a rental property not only assures investors of passive income but the appreciation in property value and tax incentives together make real estate a great way to build wealth. But part of being a successful investor is knowledge of the industry. Which is why, we at Real Property Group, highly recommend that potential investors do their homework, and the terms used by the industry. In this article, we will describe several key terms that you should know a…

Most landlords can agree that the condition of the rental home remains a top billing priority. For this reason, it’s important to be aware of property damages and examine their cause. Is the damage a result of “normal wear and tear”? Or is it a sign of tenant abuse or negligence? We here at Real Property Group have compiled the following guide to help you understand the exact nature of your home’s damages. How Do We Define Normal Wear and Tear? Normal wear and tear can refer to the natural deterioration of an object. In a rental space, it can…

Physical viewings are no longer the only way to market your property. Some may argue that it is no longer the ideal way, given the digital surge in the property market that has occurred over the last few years. Virtual rental tours are the way to go, and they come with a number of benefits. For starters, you won't have to reschedule your day to accommodate a home viewing. Second, virtual tours have a considerably broader reach than individual showings. Creating a digital tour of your property can be anxiety-inducing if you're doing it for the …

With so many rental apartments in Columbia, tenants have plenty of options, and the biggest criteria used for making their choice are the type and quality of amenities. This may differ from one pool of tenants to another, depending on lifestyle or needs. Some may put more emphasis on the quality of the kitchen counter and others on Wi-fi connectivity. However, there are some general amenities that make renters happy and interested in your unit. So, what amenities should you consider installing or featuring on your property? If you are a pr…

As much as tenant complaints are draining, you’re bound to encounter a few while managing your rental investment. No landlord is exempted from this experience since tenants are all different and a few are more sensitive than others. To keep renters happy and encourage lease renewals, it’s best to learn how to deal with tenant complaints the right way. Being prompt also helps in retaining renters long-term. Dismissing tenant criticisms, on the other hand, can result in turnovers. You want to avoid this situation since a vacant rental can red…