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A house-flipping calculator is a powerful tool that calculates crucial financial data related to your property transformation projects. Whether you're a seasoned real estate investor or an aspiring flipper, understanding the intricacies of potential profits and costs is essential. This calculator assists you in determining

A month-to-month rental agreement is used for short-term property rentals and includes vital information about the lease terms, payments, and tenant and landlord expectations. Every state has varying rules and restrictions that will impact the specific contents of an agreement. Still, it’s important to start

Before taking any house-flipping steps, it's crucial to lay a strong foundation. This base involves creating a comprehensive business plan encompassing operational setup, team recruitment, property evaluation, securing funds, and the flipping process. To aid in this endeavor, we offer a free template and seven

Rental property maintenance minimizes the risk of costly damages resulting from neglect, abuse, or normal wear and tear. Landlords use a rental property maintenance checklist to guide them during routine, seasonal, and preventative maintenance. This checklist helps them schedule tasks, outsource certain tasks to vendors,

A vacancy rate represents the percentage of unoccupied units in a multi-unit rental property. It is a helpful indicator for determining if a rental property is performing well and whether it is or will be a profitable investment. To understand more about what a vacancy

The average cost of flipping a house varies depending on the property location, type, and degree of the required renovations, but the total house flipping budget is usually around 10% of the purchase price. To get the most accurate estimations, you’ll need the sum of

For current and aspiring real estate investors and landlords, hearing tenant horror stories can be intimidating. However, reading up on nightmare tenants offers valuable insights on how to set yourself up for success when purchasing, advertising, and managing a rental property. We found 13 of

Rent receipts keep track of payments made and received and act as proof of payment for landlords and tenants. They can be physical or digital, but must include names and contact information, property address, date of receipt, payment period and amount, and how the payment

Finding a great real estate agent can be challenging if you don’t know what to look for. To find a great real estate agent, you must know what you want in terms of their personality, business acumen and skills, and your goals for buying or

A rental application form enables landlords to examine potential tenants’ creditworthiness and capacity to make on-time rent payments. This form includes questions about the applicant's current living circumstances, financial position, and employment history. The information gathered from the rental application form will provide landlords guidance

A gross rent multiplier (GRM) is a financial metric that evaluates and compares various investment properties to determine a property's potential profitability. It is used by investors, both beginner and experienced, to decide whether a property is worth investing in. The GRM formula is one

Investing in multifamily real estate is a profitable approach for generating cash flow and developing a solid investment portfolio in a single real estate transaction. To learn how to buy a multifamily property, start by identifying your budget. Then, explore property types and communities, select