Category: Property Management

Renting Vs. Buying: A Real Estate Guide

renting vs. buyingRenting vs. buying is often a question we get asked as one of Coeur d’Alene’s leading property managers. Millennial  have shown a big move towards renting instead of owning homes, putting a lot more stress on our rental market. On the other hand, home prices continue to rise in our area because of low inventory. It almost seems like your trapped between a rock and a hard place! This week we wanted break down some of the differences between renting vs. owning.

We have tons of renters. Renting a home comes with a big slew of benefits. You never have to worry about home maintenance! Just call us, and whatever problem you are faced with is taken care of at someone else’s expense. You can also control the amount you spend on your home within a yearly basis since your not tied to a mortgage. If you are not in …

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Buying Rental Property Part 1.

buying rental propertyThinking about buying rental property? I’ve found that most people look to real estate investing as something to do “in the future, when we aren’t poor” or “a nice dream but not really practical.”

In actually, mortgage rates have been low enough in recent years that almost anyone could start looking towards real estate investing. Lower mortgage rates, and higher rental rates typically signal a good time to buy! I have found a couple helpful tips when you are considering buying rental property.

  1. Find a trusted agent. Not all real estate agents are created equal! Just like in any other field, Realtors often focus on different fields of real estate. You want to make sure and work with an experienced Investment Realtor. Starting off with an expert will help you learn more about buying rental property and you can avoid common mistakes that will cost you more money. An investment
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“How-to’s” of Property Management

Property management is not well known to be the most “savory” of industries.CDA Real Estate investment and Property Management Oftentimes tenants and managers get in heated debates about the state of the apartment before or after rental. All Property managers are not created equal! The property manager you choose could make or break your home rental experience! Most of the general problems associated with property management can be avoided by using a highly reputed manager! Here are a few helpful tips to avoid any property management issues!

  1. Read the fine print. Property management contracts are not big long legalese filled documents! When you sign the lease ensure you know your requirements as a tenant. If you have any questions about your lease document you can feel free to give me a call (208) 640-1365.
  2. Take the move-in photos! There is no way to confirm the original property’s status without photos! As a tenant you want to
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