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Rental Markets by D este
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Rental Markets |
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Real Estate,Business Opportunities
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There are many real estate articles about the activity in the rental market. Today there are over 100 million renters in the US. Did you know that a large majority of those renters are renting from small and new landlords? Real estate the marketplace is dominated by landlords that own and operate ten units or less. Many landlords either purchased rental property as an investment or fell into being a landlord and most have no formal professional education or tools to ensure their success. It is work but you can make money if you do a few simple things to get good renters and keep the property up. Landlords Rental Markets Schools and books can also provide you with research tools that allow you to understand the local rental market. There are some basic things you’ll need to know and understand to find good tenants; such as vacancy rates and how to price your units. The time that one invests in finding good long term tenants is one of the most important things you can do as a landlord. Look at it from the perspective of sustainability. If a unit keeps turning over, the cost can be prohibitive.
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