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Owning a Townhome is a Wise Investment | Oak City Properties

Owning a Townhome is a Wise Investment | Oak City Properties

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Owning a Townhome is a Wise Investment | Oak City Properties
You can contact us to get more choices
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Owning a Townhome is a Wise Investment | Oak City Properties
Owning a Townhome is a Wise Investment | Oak City Properties
Owning a Townhome is a Wise Investment | Oak City Properties
Owning a Townhome is a Wise Investment | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
Β How Purchasing a Townhome May be for You! Did you know that townhouses are the second most common home choice among U.S buyers? The current market trend identified by the National Association of Realtors shows that townhomes are popular among young buyers under the age of 30.Β  What is a Townhouse? A townhouse or townhome is a multi-floor home that has its own entrance and shares one or two walls with a neighboring home. Unlike condos, a townhome owner typically owns both the interior and exte...
Β How Purchasing a Townhome May be for You! Did you know that townhouses are the second most common home choice among U.S buyers? The current market trend identified by the National Association of Realtors shows that townhomes are popular among young buyers under the age of 30.Β  What is a Townhouse? A townhouse or townhome is a multi-floor home that has its own entrance and shares one or two walls with a neighboring home. Unlike condos, a townhome owner typically owns both the interior and exte...
Top Hidden Costs of Owning Rental Properties | Oak City Properties
Top Hidden Costs of Owning Rental Properties | Oak City Properties
Top Hidden Costs of Owning Rental Properties | Oak City Properties
Top Hidden Costs of Owning Rental Properties | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
Understanding Your Money Flow Owning a rental property can be a wise investment, especially in North Carolina. With Raleigh and the greater Triangle Area averaging a rental rate increase of 11.2% since last year, the statistics show that the money is there and prime for the picking. However, while the trend has shown an increase in people choosing to rent, it’s always wise to understand the financial responsibility of owning investment properties.Β  Hidden Costs When everything goes well in th...
Understanding Your Money Flow Owning a rental property can be a wise investment, especially in North Carolina. With Raleigh and the greater Triangle Area averaging a rental rate increase of 11.2% since last year, the statistics show that the money is there and prime for the picking. However, while the trend has shown an increase in people choosing to rent, it’s always wise to understand the financial responsibility of owning investment properties.Β  Hidden Costs When everything goes well in th...
A Splash of Holiday Party With Moving Tips | Oak City Properties
A Splash of Holiday Party With Moving Tips | Oak City Properties
A Splash of Holiday Party With Moving Tips | Oak City Properties
A Splash of Holiday Party With Moving Tips | Oak City Properties
oakcityproperties oakcityproperties | 2 years ago
Holidays can be stressful, especially if you're planning to move during that time. This article offers tips for throwing a successful holiday party and moving into your next home at the same time.
Holidays can be stressful, especially if you're planning to move during that time. This article offers tips for throwing a successful holiday party and moving into your next home at the same time.
Staying Organized as a Landlord and Real Estate Investor | Oak City Properties
Staying Organized as a Landlord and Real Estate Investor | Oak City Properties
Staying Organized as a Landlord and Real Estate Investor | Oak City Properties
Staying Organized as a Landlord and Real Estate Investor | Oak City Properties
oakcityproperties oakcityproperties | 2 years ago
With maintenance and tenant concerns at the forefront of every landlord’s mind, reporting and accounting only seem to come into play around tax time when it comes to property management. As an experienced property management company, we understand that tracking your profits and expenses is crucial each year. This article touches on ways to stay organized as a landlord or real estate investor.
With maintenance and tenant concerns at the forefront of every landlord’s mind, reporting and accounting only seem to come into play around tax time when it comes to property management. As an experienced property management company, we understand that tracking your profits and expenses is crucial each year. This article touches on ways to stay organized as a landlord or real estate investor.
How to Determine the Value of an Investment Property | Oak City Properties
How to Determine the Value of an Investment Property | Oak City Properties
How to Determine the Value of an Investment Property | Oak City Properties
How to Determine the Value of an Investment Property | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
4 Ways to Value a Property There are four primary approaches a real estate investor can use to evaluate the potential value of a rental property.Β  Sales Comparison Approach (SCA)Gross Rent Multiplier Approach (GRM)Cost ApproachIncome Approach While no method is perfect, the rule of thumb is to use more than one approach on the same property to get a better picture of the value.Β  Sales Comparison Approach The sales comparison approach (SCA), also known as β€œcomps” or the price-per-square-foo...
4 Ways to Value a Property There are four primary approaches a real estate investor can use to evaluate the potential value of a rental property.Β  Sales Comparison Approach (SCA)Gross Rent Multiplier Approach (GRM)Cost ApproachIncome Approach While no method is perfect, the rule of thumb is to use more than one approach on the same property to get a better picture of the value.Β  Sales Comparison Approach The sales comparison approach (SCA), also known as β€œcomps” or the price-per-square-foo...
What Does a Housing Recession Mean for Investors? | Oak City Properties
What Does a Housing Recession Mean for Investors? | Oak City Properties
What Does a Housing Recession Mean for Investors? | Oak City Properties
What Does a Housing Recession Mean for Investors? | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
Protecting Yourself and Your Investment As mortgage rates rise, the once highly competitive housing market is starting to cool. The combination of sky-high home prices, rising mortgage costs and soaring inflation have forced all but the wealthiest (and determined) out of the current home market. This trend is causing some investors to question their choices based on recent economic data.Β  How Did We Get Here? During the pandemic, housing prices rose to a historic level due to low mortgage rates...
Protecting Yourself and Your Investment As mortgage rates rise, the once highly competitive housing market is starting to cool. The combination of sky-high home prices, rising mortgage costs and soaring inflation have forced all but the wealthiest (and determined) out of the current home market. This trend is causing some investors to question their choices based on recent economic data.Β  How Did We Get Here? During the pandemic, housing prices rose to a historic level due to low mortgage rates...
The Real Estate Market is Ever Changing | Oak City Properties
The Real Estate Market is Ever Changing | Oak City Properties
The Real Estate Market is Ever Changing | Oak City Properties
The Real Estate Market is Ever Changing | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
How to Handle the Market in the Fall of 2022 In June of 2022, we wrote an informative blog about the mismatched housing market and predicted that the sharp rise in mortgage rates paired with inflation would push people away from buying homes. Unfortunately, our predictions were correct, and the real estate market has taken a hit!Β  Change is Inevitable There is one constant in real estate and that is…the market is constantly changing. In 2011, the housing market started its upward climb to a f...
How to Handle the Market in the Fall of 2022 In June of 2022, we wrote an informative blog about the mismatched housing market and predicted that the sharp rise in mortgage rates paired with inflation would push people away from buying homes. Unfortunately, our predictions were correct, and the real estate market has taken a hit!Β  Change is Inevitable There is one constant in real estate and that is…the market is constantly changing. In 2011, the housing market started its upward climb to a f...
Best Way to Communicate with Tenants | Oak City Properties
Best Way to Communicate with Tenants | Oak City Properties
Best Way to Communicate with Tenants | Oak City Properties
Best Way to Communicate with Tenants | Oak City Properties
oakcityproperties oakcityproperties | 2 years ago
What is the best way to communicate with tenants? This is a question that many homeowners have and in this article, we'll cover what you need to know about communicating with your renters.
What is the best way to communicate with tenants? This is a question that many homeowners have and in this article, we'll cover what you need to know about communicating with your renters.
The Mismatched 2022 Housing Market | Oak City Properties
The Mismatched 2022 Housing Market | Oak City Properties
The Mismatched 2022 Housing Market | Oak City Properties
The Mismatched 2022 Housing Market | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
What Every Property Investor (and Landlord) Should Know The current housing market is in a state of β€œmismatch”— housing prices are rising due to the lack of supply, but the demand is ever-present. In fact, the Raleigh housing market is a prime example of this mismatch between supply and demand!Β  With the influx of individuals flocking to the Raleigh-Durham area and the millions of millennials entering the home buying market, there aren’t enough properties to accommodate everyone migrati...
What Every Property Investor (and Landlord) Should Know The current housing market is in a state of β€œmismatch”— housing prices are rising due to the lack of supply, but the demand is ever-present. In fact, the Raleigh housing market is a prime example of this mismatch between supply and demand!Β  With the influx of individuals flocking to the Raleigh-Durham area and the millions of millennials entering the home buying market, there aren’t enough properties to accommodate everyone migrati...
Β Have Rental Rates Peaked? | Oak City Properties
Β Have Rental Rates Peaked? | Oak City Properties
Β Have Rental Rates Peaked? | Oak City Properties
Β Have Rental Rates Peaked? | Oak City Properties
oakcityproperties oakcityproperties | 1 year ago
What That Means for Raleigh Investors and Landlords Landlords around the country are scratching their heads about the current housing and rental market. Looking into the proverbial rearview mirror, we saw a thriving rental market throughout all of 2021 and early 2022, but now things look considerably different. This leads many to ask the question, what’s changed and how will that affect the Raleigh Market?Β Β  Evictions on the Rise The rental rate bubble has gone up a staggering 24%, while the...
What That Means for Raleigh Investors and Landlords Landlords around the country are scratching their heads about the current housing and rental market. Looking into the proverbial rearview mirror, we saw a thriving rental market throughout all of 2021 and early 2022, but now things look considerably different. This leads many to ask the question, what’s changed and how will that affect the Raleigh Market?Β Β  Evictions on the Rise The rental rate bubble has gone up a staggering 24%, while the...