Evernest Property Management Blogs

If you haven’t heard the news already, there’s an unusual trend happening in American housing markets—brand new homes are selling for less than resale. No, it’s not Opposite Day and you haven’t stepped through the looking glass. A rare confluence of circumstances is affecting markets all at once and cheaper new-builds happen to be one side effect.

If you invest in real estate, chances are that someday you’ll end up selling one property and buying another. In this scenario, it’s likely you’ll want to use the gain from the sale of the old property to fund the purchase of the new one. You’ll also probably want to know what kind of tax deferral to deploy in order to maximize the amount of capital that you can roll over into your new acquisition and minimize the amount you owe to Uncle Sam.

One of the biggest real estate stories of the decade so far has been the remarkable draw of the South and Southwest. Since 2020, huge numbers of people have packed their bags and relocated to cities like Austin, Nashville, Miami, Charlotte, and Phoenix, and made the Sun Belt a real estate gold mine. However, recent trends show the wind blowing in a more northerly direction.

If you’re hoping to relocate, you’ll face the dilemma of what to do with your current house. Depending on your financial situation and the state of the housing market in your area, each option has advantages and disadvantages. On the one hand, selling seems like common sense in today’s housing market—there’s plenty of incentive to sell right now, with low-interest rates and rising home prices. On the other hand, you might be curious about turning your home into a rental, allowing your property to pay for itself as it gains value and you continue to build equity.How should you decide which option is best for you?

Squatters, or unpermitted occupants of a rental property, pose a frustrating and legally complex situation for the landlord in charge. As a rental property owner, you hope this situation never comes to pass. Still, it is crucial to understand how to evict a squatter properly to protect your property and avoid costly, stressful legal consequences.

Understanding how to use home equity to build wealth is a crucial step in maximizing the financial potential of your property.

Are you tired of chasing payments, sifting through endless bank statements, or scrambling when it’s time to file taxes for your rental property? Managing rental finances can be complex and overwhelming, especially when you don't have a clear, organized system in place.

If you’re a real estate investor or ready to become one, you have likely heard that multifamily properties are among the best ways to build long-term wealth. Whether it's a duplex or a 10-unit apartment building, these assets offer built-in diversification and scalability that help build a strong portfolio.

Imagine you pull into the driveway of your rental property for a routine check or to collect overdue rent. As you approach, you notice that something is off, and your key doesn’t work. A closer look reveals the locks have been changed without your permission. You try to call or text the tenant, but there’s no answer. A growing sense of confusion begins to settle in. Finally, you realize that your tenant changed the locks and disappeared, and now you’re left standing on the porch, wondering what to do next.

Purchasing a rental property can be one of the most exciting and financially rewarding decisions you make. Whether you’re hoping to build long-term wealth, create passive income, or diversify your portfolio, real estate is a proven path for new investors.