All posts by Davis Porter

How to Vet Property Managers for Your Rentals

Vet

For some property owners, particularly beginners, property management may seem like a very simple undertaking, which just entails meeting tenants, handing over keys, and collecting rent. The reality however, is that property management is far more complicated than that. There is a reason why property managers are considered great assets, second only to the actual properties they steward on behalf of their respective owners. And that has seen the industry… Read More

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Protecting Your Property From Hurricanes

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$100 billion. That’s approximately what Americans have lost in damages to Hurricane Harvey, which is arguably one of the costliest hurricanes in recent history. Now let that sink in for a minute- $100 billion is equivalent to more than 200 million square foot of prime real estate in Los Angeles. If you thought it couldn’t possibly get worse than that, let’s wind back to 2005, when Hurricane Katrina hit Miami… Read More

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New Year’s Resolutions For Property Managers

new-year-2017

As the curtains draw on yet another eventful year in the rental industry, our eyes turn towards 2017 with excitement and optimism. 2016 has seen the industry go through many milestones, with the latest and one of the most critical ones being the hotly contested U.S. presidential election- which going by previous predictions, would have seen a slump in the rental and overall real estate appreciation rates. Fortunately, despite a… Read More

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How To Effectively Sell Property During The Holidays

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It’s that time of the year again, when roads will be covered by freshly fallen slow, budgets strained by gift-giving and calendars packed with holiday parties and get-togethers. For the bulk of the corporate world, including real estate, it almost feels like it’s already time to close shop and retire home for the holidays. Only retail businesses and holiday rentals are guaranteed to make a killing, right? Wrong…In as much… Read More

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Growing Your Property Management Business: How To Rise From 5 to 500 Units

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With the year 2016 almost drawing its curtains, we can confidently declare that it was one hell of a ride for a bulk of property management firms. The real estate market scene in the US has indeed lived up to earlier predictions, as houses continue recording some of the highest rental rates and prices since before the economic downturn in 2007- fuelled by downright low mortgage rates and increased demand… Read More

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What The US Presidential Election Means For The Real Estate Market

US Elections

According to recent polls, the clash between Hillary Clinton and Donald Trump is set to be brutal, with Americans gearing up for what is expected to be one of the most hotly contested presidential elections in the history of the country. It’s evidently a very unusual contest, with Trump being a presidential hopeful with no past political experience, and Clinton, on the other hand, a candidate who has been through… Read More

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Top 7 Steps To A Successful Tenant Move In

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Imagine dealing with troublesome tenants who call your phone at 3am, consistently make late rent payments, and probably even do a bit of drug dealing on the side. If you successfully dodge your way out of dealing with such, you could probably even end up with others, who down the road, you ultimately realize were less of a fit than the former. In a country of over 110.5 million renters,… Read More

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Effect of Airbnb on The Rental Market

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With a real estate market where more than 80% of home seekers are leveraging online search tools, it was only time before an application like Airbnb was launched, with a rather unique twist, to address a special market of accommodation seekers. Have you ever, at any one time, wished you could comfortably rent out part of your home to people seeking accommodation, even for just a night? If yes, then… Read More

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Low End vs Luxury Real Estate: Which is a Better Investment?

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And now for the big question in many realtors’ minds- where do you stand to make more money- low end or luxury real estate? Typically, low end real estate requires low capital, making it particularly attractive to startups and small time investors. Luxury real estate on the other hand, is only a reserve for big firms with sufficient capital to spend in prime residential and commercial zones. Lately however, even… Read More

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The Most Profitable Housing Markets in The US

San Francisco

Ok, by now we’ve witnessed the strange fluctuations in the United States markets, which have consequently taken real estate investors on a roller coaster ride through the past couple of decades. In the last 40 years alone, markets experienced overheated home prices in some of the country’s primary metropolitan zones, which ultimately suffered a big blow in the post-recession era, forcing a majority of the investors to begin adjusting and… Read More

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