Melbourne Tenants Benefit from Professional Property Management

Wednesday, March 9th, 2016

Everyone who owns a rental property in Melbourne makes a continuing management decision concerning how much of the day-to-day operational responsibility to outsource. Some are inclined to tackle the nuts and bolts of tenant management, while others are content to leave it to one of Melbourne’s professional property managers. If the main motive for acquiring […]

Homeowner Tax Deductions: Real Estate’s Ace in the Hole

Monday, March 7th, 2016

Sure, even the idea of homeownership is appealing for all of the traditional emotional and lifestyle reasons. Having proprietary control over your family’s center of operations is a goal for most Melbourne residents—just as most of us would consider it a necessary evil if professional obligations make frequent moves unavoidable. Travel may be broadening, but […]

Melbourne Foreclosure Listings are Bargains Worth Investigating

Wednesday, January 13th, 2016

It is entirely possible to think of a residence that’s been the subject of a Melbourne foreclosure as the real estate equivalent of a cute, cuddly orphaned kitten or puppy—one that deserves to be adopted by a loving family. You can think of the bank as the temporary animal shelter. With a little tender care, […]

A Melbourne REO Can Provide Real Value to a Cautious Buyer

Sunday, September 13th, 2015

There are acronyms that have grown so familiar that they are more like words than the phrases they represent (think “SCUBA” for self-contained underwater breathing apparatus or “laser” for light amplification by stimulated emission of radiation). Melbourne REO properties aren’t in that category. For instance, REO homes aren’t located next to a river with a […]

Real Estate Investment News Items Reflect Wide Gains

Thursday, July 23rd, 2015

Last week’s reporting showed the same kind of upward movement that’s become commonplace for Melbourne real estate investment news watchers. A standout: Corelogic’s finding that national home prices in May increased by 6.3%, marking the 39th consecutive monthly year-over-year increase. Actually, to a lot of us, that looked stronger than expected: the steady increase in […]

A Property Manager Can be a Landlord’s Key Resource

Sunday, July 19th, 2015

At first blush, deciding to hire a Melbourne professional property manager may seem counter-productive. Whether you bought the property you will be renting out specifically for that purpose, or else are simply holding onto your former home rather than selling it, the expense of employing a Melbourne property manager will materially reduce the cash benefit […]

Melbourne Rental Property Success Boosted by 4 Skills

Tuesday, June 9th, 2015

Become a landlord! Be your own boss! Build equity that someone else pays for! These may sound like the kind of come-ons that you tune out when you hear them on the radio or TV, but, surprisingly, they’re actually more reality-based than not. Whether you’re buying a Melbourne property for its rental potential, or preparing […]

Melbourne Multi-Family Housing: Investment and Residence Choice

Tuesday, May 26th, 2015

Melbourne multi-family housing is the umbrella term covering all the various kinds of residences that shelter more than one family. Everything from duplexes and homes with guest cottages to apartment complexes fall into the category, which is most often thought of in terms of the solid investment potential it represents. While Melbourne multi-family housing offers […]

Melbourne Foreclosure Investors Still Compete with Out-of-Towners

Sunday, May 3rd, 2015

You would think the outside competition for Melbourne foreclosure bargains might have up and disappeared by now…but no! As The Wall Street Journal described it last week, the shrinking number of foreclosure opportunities hasn’t driven Wall Street’s professional investors completely out of the market. But new techniques are altering their approach. Local Melbourne foreclosure investors […]

Melbourne Rental Home Net Income Depends on Prudent Budgeting

Saturday, April 18th, 2015

Owning a Melbourne rental property owes its popularity to the distinctive financial attributes it offers investors. Like a dividend-producing stock, it’s a holding that stands to produce a regular income stream. It’s also a real asset in the truest sense of the word—one with solid collateral value. For adroit Melbourne rental property investors, it’s also […]