Category: Investment

Should You Hire a Property Management Company? 5 Ways to Tell It’s Time

April 20, 2022

If your portfolio is growing beyond what you can handle, it may be time to consider hiring a property management firm. Here are the best ways to whether a property manager is right for you. 1. You’re struggling to manage the day-to-day from afar.The best investment opportunities won’t always be in your area, let alone your state. To an extent, it’s doable to manage a property remotely. But as your portfolio grows, it may not always be possible to be “boots on the ground” when your buildings need it the most. In the event of an eviction or a more serious issue like a fire or flood, you want to have a professional on site ASAP. 2. You don’t have a go-to list of vendors for maintenance issues.When maintenance needs arise for buildings in multiple locations, you need a go-to network of local vendors to draw from. It can be challenging to know who to call, not to mention it’s practically impossible to assess a company’s qualifications and expertise from a distance. That’s where a property management company steps in. They’ll have specialized experts either on staff or at the ready to assist with repairs and upkeep. 3. Your investments

Predictions for Real Estate Investing in 2022

April 13, 2022

The past two years have been anything but “normal” for real estate investors, and many have learned to adapt or fear missing out. Several factors converged to create the “perfect storm” for a competitive real estate market leading into 2022. Low interest rates made homeownership more attractive to more buyers, and the low inventory helped elevate prices. The pandemic continued to impact markets in several ways, including an increase in working from home, an eviction moratorium, and a supply shortage. So, what will 2022 look like for real estate investors? It’s impossible to predict with pinpoint accuracy, but these top real estate investors and educators identify which trends they believe will emerge in 2022, and how to better position yourself for success. Predictions for Real Estate Investing in 2022Inching toward “normal”The economy and housing market are showing signs of returning to pre-pandemic levels, according to Lee Arnold, an international speaker, trainer, author and licensed broker, and CEO of Secured Investment Corp. “Many real estate investors and construction companies are breathing a sigh of relief and hoping that the period of multiple offers, contingency waivers, and record-high prices are finally in their rearview mirror,” he said. “The entire industry is looking