Russell Jones’ Blog
What to Consider Before Investing in a Property With a Friend
Investing in property with a friend is an appealing prospect for many. It combines resources, divides responsibilities, and potentially accelerates entry into the real estate market. However, this venture also introduces complexities that are not present in solo...
Everything You Need to Know About Rental Property Insurance
Investing in rental properties comes with its own set of risks, just like any other type of investing. One crucial aspect of safeguarding your investment is securing the right insurance coverage. Landlord insurance provides protection against various risks that...
A Guide to Creating a Rental Property Contract
Drafting a rental property contract is a critical step in property management. This document lays the foundation for a clear understanding between landlord and tenant and serves as a legal safeguard for both parties. An effective contract encompasses various elements,...
What Real Estate Investors Need to Know About Property Taxes
For real estate investors, property taxes are an unavoidable aspect of ownership that can significantly affect profitability and cash flow. The exact amount owed in property taxes can vary greatly depending on property location, value, and the local tax rate....
What Property Managers Need to Know About Rent Bidding
In the ever-evolving landscape of property management, staying informed about the latest industry trends and practices is crucial. One such trend that has garnered significant attention in recent years is rent bidding. Rent bidding is a process where potential tenants...
Why Understanding Buyer Psychology Is Important for Property Managers
Property managers are pivotal in bridging the gap between property owners and potential buyers or tenants in real estate. A significant aspect of their job is understanding buyer psychology. Setting Realistic Expectations Effective property managers understand...
Types of Real Estate Properties to Avoid
Real estate is widely recognized as a lucrative avenue for investment, but like any other investment arena, it has its fair share of potential pitfalls. Many investors are attracted to the potentially high returns and tangible nature of property investment. However,...