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Want to maximize the return on your rental property? Well, one way is through renovations. If you do the right ones, you can substantially increase your property’s desirability! A desirable property is the key to low vacancies, and low vacancies mean more of an income headed your way. So, what are the top renovations for your rental property? Naturally, these renovations are the ones that have the best return on investment. Real Property Group has prepared a list to help! 1. Kitchen Updates How your kitchen looks can make or break your rental u…

Looking to build wealth through real estate investments in Columbia, Missouri? If so, then it’s important that you familiarize yourself with 1031 Exchanges. Basically, 1031 Exchanges allow real estate investors to defer payment of capital gains after the sale of real estate. You can then reinvest that money into buying a better property that can help you earn more passive income. And there’s no limit to how many 1031 Exchanges you can do. Really, the sky is the limit to how much wealth you can build! To carry out a successful 1031 Excha…

There’s nothing more stressful and frustrating to a landlord than a vacant rental property. Utility costs are piling up, and potential rent is being lost. When you get a good tenant placed, these difficulties are why you should go out of your way to keep them happy. What is the key to this, you may wonder? As a landlord, what measures can you put in place to keep them happy and on your property long-term ? To offer sound and professional advice to landlords, the team from Real Property Group has the following tips! Address Property Mainten…

Keeping your rental property well-maintained has numerous benefits. Among other things, you’ll be able to preserve your home’s value and minimize tenant turnover. Maintaining a rental property, however, can be anything but easy. More so if you are managing multiple rental properties or you lack the time. As a result, minute issues can morph into serious and potentially costly problems. When maintenance issues get serious, you may have more to worry about than just taking care of the problem. In Missouri, it may be within the rights of a t…

These days you see people being accompanied by their pets everywhere. Even the hospitality industry has extended its accommodation to pets! It’s not hard to understand that pets are a source of comfort for the owners so, naturally, they’re always present at their side. Given this scenario, it’s sensible for a landlord to maximize on this opportunity to grow their rental business. Business Trend of Welcoming Pets As a marketing strategy to gain more customers, you can observe that a lot of business owners are welcoming pet owners. From cafes, of…