Chicagoland Appraisal Blog

MARCH 21, 2022

TRANSCRIPTION: If you’re buying, selling, divorcing, filing bankruptcy, fighting your property tax bill, etc…it’s super important to value your real estate correctly. There are a lot of other products that we can do and the last will be property tax appeals which have been big over the last several years.

Appraisal 148

Appraisal Tenants Real Estate Property Taxes 148

PennyMac

JUNE 2, 2022

Otherwise, you may need to hire a property manager. Property taxes. You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. What Type of Rental Property Do You Want to Buy? Maintenance costs.

Real Estate 69

Real Estate Investing Tenants Property Management 69

Zillow

MAY 4, 2016

Otherwise, you’ll need to add basic amenities in order to rent to tenants. And as long as it doesn't add to the square footage of the home, this type of addition may not even increase the property taxes (though your income taxes will increase).

Law 36

Law Tenants Landlords Property Management 36

Zillow

OCTOBER 31, 2016

However, lenders "prefer to see that you have property management experience in order to count those future rents as income," he warns. “Take all of the costs into consideration, including property taxes and insurance." Perhaps the most difficult aspect of renting a property is being a landlord for the first time.

Landlords 36

Landlords Property Management Property Taxes Tenants 36

PennyMac

JUNE 28, 2022

Budget for times when a rental property doesn’t have tenants or if you rent for short-term periods. As the owner, you may have to front some of those costs if it takes a bit to get long-term tenants. Taxes and Fees. If you live a good distance from your second property, there will be travel costs to move between homes.

Tenants 36

Tenants Landlords Finance Insurance 36

Listing Spark

AUGUST 6, 2024

With multiple transactions happening daily, from rent collection to property maintenance expenses, it can quickly become tricky to manually track all financial activities, especially for beginners. Look for software specifically designed for real estate, with features focusing on property management, rental income, expense tracking, and more.

Real Estate 36

Real Estate Property Management Design Tools 36

Property Metrics

JUNE 15, 2021

Property owners benefit from increases in the asset’s value over time and from the tax benefits of depreciation. In addition, they may benefit from leasing excess space to other tenants, favorable loan interest rates, and the comfort in knowing that their rent isn’t subject to the whims of a landlord.

Real Estate 36

Real Estate Tenants Landlords Investing 36

Property Metrics

MARCH 13, 2025

Purpose: While residential real estate is designed primarily for housing, CRE is about tenant businesses or organizations that pay rent (or other fees) to operate in the space. Steady Cash Flow : Long-term leases and multiple tenants can provide predictable income streams. Here are some compelling reasons why CRE stands out.

Real Estate 36

Real Estate Investing Tenants Investors 36