For many Americans, owning rental property is a great investment, distinguished by regular profits and greater stability than the stock market. To manage this investment, property owners typically either perform rental management services by themselves or hire residential property management companies to take care of maintenance, repairs and other tasks. Because of this, recent research indicates that the property companies that make up this industry are steadily changing, with smaller businesses growing or being replaced by much larger firms. But is this trend good or bad for property owners? The answer to that question seems to depend on the property…
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If you’ve been browsing the resales and new home listings in your area, you may have seen a beach house for sale somewhere in the mix. Many home buyers look for property near a waterfront, which is a big draw. If you are in the process of buying one of the beach style homes available, whether it’s right on the water or not, there are several things to keep in mind as you prepare for this purchase. One is to make sure that you are working with a qualified real estate agent to represent you in the sale. Generally, it…