Evernest Property Management Blogs

If you’re someone who cares about real estate, chances are that flipping houses has crossed your mind once or twice. Seeing a distressed property’s potential, executing a vision that maximizes its value, and turning a big profit is an exciting challenge that requires both business acumen and creativity to pull off. If you have a special interest in design, architecture, or historic buildings, it can be an especially seductive business model.

Have you ever faced a tough market and held onto a property because you didn’t want to accept sub-par terms? Have you ever wanted to sell a rental but hesitated because you didn’t want to lose the cash flow? Believe it or not, there is a strategy that allows you to both sell an asset on your terms and keep the cash flowing for years to come: owner financing.

So, you found a deal—awesome. Now the real question: how are you going to make money from it? You probably already have a plan in mind, but the best real estate investors never go into a deal with just one plan; they walk in with two or three exits ready to go. If you stall with Plan A, Plan B (or C) pays.

Whether you’re talking about birds in the fall or Americans in the twenty-first century, the term “migration pattern” typically evokes movement towards the South. This autumn, however, Americans are breaking with their feathered friends and flocking to a region better known for snow than sunshine.

If you’re looking to build wealth through real estate, one of the biggest questions to consider is the type of real estate you should invest in. Should it be single-family houses? Multifamily apartment buildings? Big commercial properties?

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.