A variety of emerging trends in the age of COVID-19 are shaping the future of real estate. What can you do now to prepare for a new landscape?
https://magazine.realtor/sales-and-marketing/feature/article/2020/09/4-skills-you-ll-need-to-sell-in-the-post-pandemic-world
Westchester Housing Stabilization Programs provide support to Landlords and Tenants in the Midst of COVID-19. The Westchester County Department of Planning is offering four new Housing Stabilization programs to assist households whose ability to pay their housing costs has been upended by COVID-19. There are different programs to assist different needs. For more detail go to https://homes.westchestergov.com/housing-help
HOMES.WESTCHESTERGOV.COM
Housing Help
The conflict between landlords and tenants over repairs can easily be avoided if each party knows who is responsible for fixing what.
https://thinkrealty.com/landlord-tenant-fixes/
THINKREALTY.COM
Landlord or Tenant: Who Fixes What? | Think Realty | A Real Estate of Mind
https://www.biggerpockets.com/blog/15-year-mortgages-for-new-intermediate-investors
BIGGERPOCKETS.COM
15-Year Mortgages Are Best for New and Intermediate Investors | Blog
Property odors are nothing to sniff at. A foul smell in your rental can be more than simply an embarrassment, it can have an effect on your ROI.
https://www.rentecdirect.com/blog/odor-at-your-rental-property/
RENTECDIRECT.COM
What to do About Foul Odors at Your Rental Property
Seller Financing is an awesome tool that can put more money in your pocket when you sell a property. Do you know how and when to use this tool?
https://thinkrealty.com/seller-financing/
THINKREALTY.COM
Seller Financing | Think Realty | A Real Estate of Mind
Eventually, you will want or need to sell your Nanuet rental home, which may still be occupied. Here's a guide on how to work with your tenants. https://bit.ly/3ilYWTt
RPMCREST.COM
Time to Sell; How to Break the News to Your Renters
Visiting National Parks can make for a great socially distanced vacation. If you are planning a trip to one of America's great parks, here are a few things to keep in mind to help protect these natural wonders — and yourself.
https://www.aarp.org/travel/vacation-ideas/outdoors/info-2020/rules-for-national-park-visitors.html
AARP.ORG
7 Ways to Leave No Trace at a National Park
When choosing from the best water heaters, the decision often boils down to fuel preference and budget. Learn what else to shop for and get top-rated picks.
https://www.bobvila.com/articles/best-water-heaters/
BOBVILA.COM
The Best Water Heaters for Homeowners
With you can count on our local knowledge and expertise, supported by systems and processes developed over the past 30 years. Join the thousands of rental homeowners and investors who trust Real Property Management across the country to manage their rental properties. Whether you own one rental home or several investment properties, our staff is prepared to meet the demands of property management, 24 hours a day.
It’s easy to assume that just because a property looks good from the outside that the same is true of the inside. The sad fact is that a clean and tidy exterior could be hiding any number of lease violations.
https://thinkrealty.com/lease-violations-in-hiding/
THINKREALTY.COM
Lease Violations in Hiding | Think Realty | A Real Estate of Mind
Many renters make the common mistake of assuming that they are covered under their landlord’s insurance policy…but this is rarely the case. Renter’s insurance is a must if you want to protect yourself and your belongings.
https://www.bobvila.com/slideshow/10-reasons-you-should-always-get-renters-insurance-551540
BOBVILA.COM
10 Reasons You Should Always Get Renters Insurance
As Covid-19 continues to impact the real estate industry as a whole, what can we reasonably expect to come next, and how can landlords prepare for what’s ahead?
https://www.forbes.com/sites/forbesrealestatecouncil/2020/09/22/rental-market-predictions-how-landlords-can-prepare-for-success-amid-crisis/#5e7c2d7c6411
#Covid19 #RealEstateIndustry #RentalMarketPredictions
FORBES.COM
Council Post: Rental Market Predictions: How Landlords Can Prepare For Success Amid Crisis
You have to manage the properties you purchase. Should you do it yourself or hire a property management company?
https://www.biggerpockets.com/blog/do-you-really-need-a-property-manager-rental
#WorkSmart #HireAPropertyManager #PropertyManagementCompany #RealPropertyManagement
BIGGERPOCKETS.COM
Do You Need to Hire a Property Manager? | BiggerPockets Blog
Are condos a good investment for 2021? This article looks at the current trends to determine if this investment will be worth it next year.
https://www.mashvisor.com/blog/are-condos-a-good-investment-2021/
#RealEstateInvesting #REinvestors #UpcomingTrends
MASHVISOR.COM
Are Condos a Good Investment for 2021? | Mashvisor
6 million households did not make their mortgage / rent payments
WESTFAIRONLINE.COM
6 million missed September mortgage/rent payments
THEREALDEAL.COM
Homebuilder Optimism Hits New High In October 2020
There are many ways that New Rochelle renters like you can create a cozy reading nook in your home without making any permanent changes. https://bit.ly/3nUGAwJ
RPMCREST.COM
Creating a Cozy Reading Nook in Your New Rochelle Rental
When it comes to planning for retirement, your 401(k) and Individual Retirement Account (IRA) are both great tools to have in your toolbox.
But you can’t forget your Social Security benefits as a key part of the solution. We all see the deductions on our pay stubs, but there’s quite a bit else about the program that many don’t know.
https://www.biggerpockets.com/blog/social-security-works-self-employed
#SelfEmployed #SocialSecurity
BIGGERPOCKETS.COM
Social Security: Understanding the Benefits | BiggerPockets
Scientists note that natural disasters — hurricanes, forest fires, floods — are increasingly common due to climate change. In 2019, the Insurance Information Institute (III) listed 90 natural disasters in the U.S. that claimed almost $50 billion in damage. Only about half of the losses were actually covered by insurance.
Natural disasters are unpredictable and catastrophic, two conditions that encourage property owners to transfer the risk of devastating losses to insurance companies. So what do you need to know to ensure you're covered??
https://www.rentecdirect.com/blog/insurance-natural-disasters/
#insurance #coverage #NaturalDistasters
RENTECDIRECT.COM
How to Make Sure Your Landlord Insurance Covers Natural Disasters
Sure, renters insurance is vital to cover a tenant's personal belongings. However, it's imperative that landlords require renters insurance on any new lease or lease renewal. Why? Renters insurance doesn't just protect tenants; it's useful for landlords if they need to cover a tenant's losses caused by someone else.
https://www.biggerpockets.com/blog/why-landlords-must-require-renters-insurance
#rentersinsurance
BIGGERPOCKETS.COM
Renters Insurance: Why Landlords Should Require Tenants Have It
COVID-19 has caused many disruptions in the Airbnb industry. This article explores some trends to look out for in travel and the industry in 2021.
https://www.mashvisor.com/blog/airbnb-industry-trends-2021/
#AirBnB #Covid19 #TravelingPlans
MASHVISOR.COM
4 Airbnb Industry Trends to Watch For in 2021 | Mashvisor
Minimize the risk of celebrating with a small group of only your very nearest and dearest by following these tips from health experts.
https://www.realtor.com/advice/home-improvement/how-to-celebrate-thanksgiving-while-minimizing-the-risk-of-coronavirus/
#Thanksgiving2020 #Coronovirus #COVID19
REALTOR.COM
How To Celebrate Thanksgiving While Minimizing the Risk of COVID-19
Economic Update This Week (Nov 16, 2020): Signs of Improvement?
https://www.realtor.com/videos/economic-update-this-week-signs-of-improvement-/54dc0d4b-a15b-46c1-a476-c1208dd5d02d/
Many homeowners may wonder what is a ‘Sleepout’ and is it worth having one in their backyard.
https://www.propertytalk.com/blog/property-owner-sleepout-cabin-basics/
PROPERTYTALK.COM
Property Owner Sleepout Cabin Basics | PropertyTalk
COVID-19 has resulted in a hot market for buyers. Before you dive in, check out these 13 tips on how to win a real estate bidding war.
https://www.mashvisor.com/blog/how-to-win-a-real-estate-bidding-war/
MASHVISOR.COM
How to Win a Real Estate Bidding War: 13 Tips | Mashvisor
Drafts got you down? As outside temperatures plummet, leaky windows can make the inside of your home feel downright frosty—to say nothing of costing you money as your hard-earned heating dollars fly right out the window.
Obviously, the permanent solution to drafts is to replace old and leaky windows with new, energy-efficient versions. Not everyone, however, can afford the substantial cost of replacement windows, and for those who are renting a home, expensive projects simply don't make sense.
Here are some quick and easy DIY fixes:
https://www.bobvila.com/slideshow/drafty-windows-solutions-for-every-budget-48200
BOBVILA.COM
Drafty Windows? Solutions for Every Budget
Take it from a fellow small investor- there are 3 partners a small investor needs. Here's how to find them and how they'll help your real estate business.
https://www.mashvisor.com/blog/small-investor-partners/
MASHVISOR.COM
3 Partners I Think Every Small Investor Needs | Mashvisor
The biggest fear most new investors have when starting out in rental real estate (other than broken toilets, termites, and trash) is when you have to serve an eviction notice.
Seems simple enough, right? Not so fast. It’s more complicated (and costly) than that.
Evicting a tenant is no joke and should never be taken lightly. Here's what you should know:
https://www.biggerpockets.com/blog/how-to-evict-tenant
#Evictions #JustPropertyManagerStuff
BIGGERPOCKETS.COM
How to Evict a Tenant: A Step-by-Step Guide to the Eviction Process
A probate sale can be a good option for investors who want to buy an investment property at a bargain. Here's what you need to know before investing.
https://www.mashvisor.com/blog/probate-sale-real-estate/
#ProbateSales #RealEstateInvesting
MASHVISOR.COM
What Is a Probate Sale? What Buyers Need to Know | Mashvisor
