Rising mortgage interest rates throughout 2022, combined with some economic uncertainty, helped finally cool the blazing-hot residential housing markets nationwide. Even in a seller’s market such as San Jose, home sales prices flattened at least a bit. What didn’t cool off were the rental markets in most areas of San Jose and Santa Clara County….
Owning a rental property can be like a part-time job if you’re managing it yourself. There’s rent to collect, vacancies to fill, rental applicants to screen along with repairs and maintenance to be done. Rental real estate is not a totally passive investment if you’re the landlord. Sometimes, rental owners create more work for themselves…
Condominiums haven’t always been the most desirable property type for real estate investors. They are sometimes more difficult to finance compared to single-family homes, and they might come with association dues that can be burdensome and unpredictable. There are, however, plenty of reasons for investors to at least think about buying condos. The biggest reason…
The appeal of investing in residential real estate is the income and potential appreciation it provides. When you’re the owner of a rental property, you receive income when it’s rented out and tenants are paying on time each month. The profitability of your rental property depends on the attraction and retention of good tenants. It’s…