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A Real Estate Expert since 1988, I offer you my experience to guide you through each step of the buying and selling process. Call me! 215-248-6523.
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Help with cleaning out the house! I'll pack and carry away any yard sale worthy items that you don't want and donate the proceeds. Find Out More > View All Offers >
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PROFESSIONAL AND GOOD HUMOR! "Your professionalism, thoroughness, and attention to every detail allowed us to relax and actually enjoy the process." Carl and Judy Endriss Read Quote > View All Quotes >
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Janet Lippincott is one of The
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Investment Real Estate >Rental Property
When you own an investment property, one of your goals will be to get the highest monthly rental with the lowest vacancy rate. How can you accomplish this?
It pays to keep your property in good condition while you are trying to rent it, as well as after the new tenants move in. You obviously want the property to look its best when it is being shown. If you work to keep it that way, your tenants are more likely to feel motivated to stay in the home.
When something needs to be repaired, be sure the tenants know whom to call to get the job done. Arrange for periodic inspections of the property to check for leaking roofs or pipes, defective wiring or malfunctioning appliances. If you are an absentee landlord, it makes sense to hire property management professionals to keep a close eye on your investment for you.
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What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
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