Featuring more than 20 miles of beaches, beautiful parks, professional sports teams, golf courses and temperate winters, the city of Jacksonville and the greater First Coast area attract thousands of new residents every year. There is one thing that all these people have in common; they need a place to live. For this reason, investing…
Creativity is often seen as the domain of artists and musicians. However, it’s also vitally important for those who want to learn how to create wealth investing in real estate. After all, investors need to be able to come up with new and innovative ideas to face the challenges of an ever-changing market—whether you’re purchasing…
Many people think that long-distance investing isn’t worth the risk, but that can be a common misconception. Becoming a successful long-distance real estate investor is a very profitable enterprise with the right strategy in place. However, there are a few things you need to do to make the most of your opportunities, from finding the…
Most people know that investing in real estate is a worthwhile endeavor because it can be a great way to make extra income. Not only is real estate an excellent investment, but it can be lucrative and fun! Investing this way generates long-term income plus offers plenty of tax benefits to investors. Adding real estate…
Learning how to invest in real estate can be a daunting task. Very few investors have an inherent knowledge of the intricacies of the real estate market or how to operate successful rental properties. Plus, there are a variety of real estate investments available, from investment trusts to turnkey properties or multifamily rentals. Hiring a…
Investing and preparing for your financial future is very important. While it can be good to invest in the stock market and other securities, investors should also consider another type of investment. Investing in real estate and building a portfolio be one of the best ways to generate long-term wealth! However, there are various basics…
Most people are not born with the skills and knowledge to manage their own property. When you’re a landlord, you’re in charge of many things (including people’s safety) and have to wear many hats when it comes to running your rental business. As if being a landlord wasn’t already challenging enough, there’s always something else…
Avoiding costly repairs is one of the most critical aspects of maximizing returns for your Jacksonville Fl rental property. A broken pipe and severe water damage can happen at any time and without warning. However, there are several preventative measures that professional property managers recommend for avoiding these types of emergency repairs. What can landlords do…
Updated March 29, 2022 Owning rental real estate puts a different type of burden on you when it comes to tax time. Real estate rental income will impact state and federal taxes. Tax rules require property owners to report rental income on their tax returns. The good thing, though, is that you can also deduct certain…
Updated June 8, 2022. Pet screening can be a difficult subject to talk about, but it’s important for property owners to understand the best ways of allowing pets in rentals—and what it can do for your income! It can be distressing for an applicant to have to answer questions about their dog, cat, or chinchilla…