Skip to main content

Most Common Rental Properties Mistakes Team Thayer #realestate #investing #housing #market #news #oregon

Justin Lee Thayer


Purchasing a rental property is the perfect way to diversify your investment portfolio and start accumulating long term wealth.   There are a number of benefits that accompany owning a rental property, most of which involve the passive income that comes with the investment.
While passive income sounds like an easy way to make money, there is a lot of time and effort that goes into maintaining a desirable property.  The two most important questions every individual considering a rental property needs to ask themselves is whether or not they should invest in some kind of rental property management company or simply be their own landlord and how they plan to finance the property.
It is crucial that any rental property owner treat his or her investment as its own business. Therefore, avoiding common mistakes and attracting respectful tenants are aspects of the business that cannot be over looked.
Know how to spot the regular signs of a poor-quality tenant and learn from the mistakes many rental property owners make on a continual basis.


Team Thayer www.teamthayer.com
JUSTIN LEE THAYER
Location: Eugene, OR 97401, USA

Popular posts from this blog

Grass Seed Video

Read more

When Will Bank Foreclosurews ‘Normalize’? Team Thayer #realestate #investor #housing #market #news #oregon

With much of the talk surrounding the housing market centered on “normalization” or returning to its pre-crisis state, one metric which the market is watching is the distressed sales share—the share of REO and short sales that comprise total residential home sales. For February 2016, the distressed sales share declined by 2.9 percentage points over-the-year (and 0.4 percentage points over-the month) down to 11 percent, according to  data released by CoreLogic  on Thursday. At their peak in January 2009, distressed sales accounted for nearly one-third of all residential home sales (32.4 percent) but has been declining steadily since then. By comparison, the pre-crisis share of distressed sales was typically around 2 percent; CoreLogic estimates that if the current rate of year-over-year decline continues, the distressed sales share will reach the “normal” pre-crisis level in slightly more than two years. “Prior to the housing crash, the distressed share of total...
Read more

Bankruptcy Filings Dip Even Lower! Team Thayer #realestate #housing #market #investor #News #oregon

Bankruptcy Filings Dip Lower Nationwide bankruptcy filings were 5 percent lower in October 2016 compared with a year earlier, falling even lower than last month’s reported decrease, according to October 2016 AACER bankruptcy data reported by Epiq Systems. Bankruptcy filings totaled 63,042 in October, which was an increase from September’s total of 64,614, and was approximately 2.4 percent higher than October 2015’s total of 63,042 (an increase of 1,572).  Year-to-date, there have been 656,125 bankruptcy filings nationwide for the past nine months of 2016 (about 65,613 per month), down from 2015’s year-to-date total through the end of October of 700,014 (about 70,001 per month). The average number of filings per day in October 2016 was 3,152 over 20 days, which is an increase from September’s daily average of 3,077 over 21 days. The extra filing day in September compared to October accounts for the slight increase in the number of filings in September; had October feature...
Read more