Evernest Property Management Blogs

As a landlord, you know that your resident, not your property, is your greatest asset — without them, you don’t make any money. Most of the time, your most pressing concern as a property owner is going to be to make sure your residents are happy. Happy residents renew their leases, and less resident turnover means a more stable business overall.

Are you deciding whether or not to sell your rental property? If headlines are any indication, now may be the time... Rental properties have long been regarded as some of the best investments in the personal finance marketplace.

Whether you’re a homeowner looking to rent out your house, a first-time investor placing your first resident, or a seasoned vet expanding into new markets—property management is no joke.

Owning rental properties can be a great source of passive income and a significant step toward financial freedom. There's a reason why 90% of millionaires have used real estate investing to achieve their wealth.However, when most people consider the prospect of renting out a house, their minds begin to race about everything that can go wrong. Things like:

As an investor, you’ll need to weigh countless factors including school systems, the age of the property, the state of the neighborhood, your personal degree of risk tolerance, and more. The neighborhood classification system can help you make the right investment decisions every time.

If you have a rental property, you may be like some of our professional property management clients: you want to rent your property while it appreciates so you can sell it down the road and lock in profits. If that’s the case, adding value to your home through rental upgrades is a wise choice. Maybe you’re not sure where to start. Thankfully, we’re here to help. Here are three high-value, rental-friendly upgrades for your rental home.

Most real estate agents understand the basics of purchasing a home. They can help with key aspects of the home buying process like finding the right property, negotiation, and drawing up the deal are some of what an agent does. But most agents are focused on the emotional aspects of purchasing a home like the life of the buyer. Things that a first-time homebuyer would appreciate to get a feel for what living in the area would look like.But not all real estate agents understand what investors need. As an investor, you have different priorities than the average homebuyer. You’ll need specific traits that a generalist agent won’t have the time or know-how to offer you. If you’re just starting out building your real estate portfolio or are a seasoned vet looking to buy in new markets, the first step to building your team is finding an investor-friendly agent.

Is real estate a good investment? Well, it certainly can be. If you’re wondering how to determine if your investment is a good one, then look no further. We’re here to help by providing you with the resources you need to determine if your investment makes sense for you financially.

There is nothing better than a resident who pays rent on time and takes care of your home. But then, sometimes, you move that person in (or who you expect to be that person), and someone moves in with them. So, how do you get that guest who is not on the lease out of your house?In this article, we will discuss how to evict someone that does not belong in your home.

Renting homes is here to stay and not just a phase our country is going through. As Millennials enter the job market and become the largest group of people working and producing in America, they will not run their lives the way the Baby Boomers or Gen X did.They are a completely different group of people with entirely different values. Because their values are so different from previous generations, it will manifest itself most powerfully in their choices on big-ticket items, including where they live. As we continue to see, the current trend is in millennials renting over buying their home.The housing situation of millennials is trending drastically different from that of their predecessors. Millennials renting their homes is the trend that seems to be sticking.