Investors Archives | Patten Title Company

When You Should Let Tenants Break A Lease

One of your primary goals as a real estate investor and landlord is to create stability with your tenants. Frequent turnover takes money out of your pocket. While the ideal tenant will sign a minimum lease of one year and want to stay beyond that initial period, there are moments when tenants want to break a lease, or move out before the agreement expires.

4 Ways To Find And Buy Off-Market Houses

A competitive real estate market naturally makes it harder to find good deals on investment properties. Whether your concentration is commercial, single-family homes, or multi-unit structures, having a few real estate tricks up your sleeve can help you avoid competition that can drive the price beyond what you’re willing to pay. Buying an off-market property means you spend less time and money fighting for a property.

3 Ways Every Real Estate Investor Should Use Social Media

Today’s most successful real estate investors know they can’t depend on just one or two marketing methods to grab a buyer’s attention and continue to grow their portfolio. Social media for real estate investors is an area of ample opportunity, but the strategy must be right in order for the marketing effort to make a measurable difference.

Should You Risk Tenant Turnover By Increasing Rent?

It can cost up to $2,500 to find a new tenant for your rental property, so when it comes to deciding if it’s time to raise rent, you need to weigh the pros and cons. While 99 percent of landlords say they look to a lease renewal with current tenants before seeking new ones, part of that lease conversation may involve the need to raise rent. Before you interject the new rate into your conversation, consider these questions to help you determine if it’s worth the risk to increase rent and risk tenant turnover.

Should Investors Build New Or Renovate Existing Homes?

Real estate investors are studying the market and debating whether it’s better to renovate or build a new home. While the numbers in specific real estate markets will differ, the overarching trend saw home prices stall in the second half of 2018. After sellers enjoyed several months of high home prices due to an inventory shortage, buyers are now a bit more reluctant to purchase, pushing sellers to keep prices lower than 18 to 24-months-ago.

7 Qualities Of A Great Tenant

Being a good real estate investor doesn’t mean those skills translate into being a good landlord. If you want to choose the best tenants for your property, there are specific characteristics to look for throughout the interview process.