ProAPOD®

Real Estate Investment Software Blog

There are numerous ways to invest in real estate. A common investing trend is landlording. Landlords are investors who purchase real estate and instead of selling it for a profit, retain the property and lease it to a tenant.

A security deposit is money a smart landlord collects from a tenant before use and occupancy of a rental unit to insure that the tenant will pay rent on time and keep the rental unit in good condition. A security deposit is not rent and cannot be used for rent during the course of occupancy; conversely, rent collected in advance of the first month is not considered part of the security deposit agreement.

The foreclosure process is just that. It is a process. The duration of this process varies from property to property and is contingent on an assortment of other factors. Investors interested in acquiring homes and properties that are being foreclosed upon should investigate as to what the entire process entails and the present status of the property is before moving forward on a potential deal. The mandatory laws, rules, and regulations that exist within each state also have to be identified and taken in consideration before moving forward.

In an article posted today on my real estate news blog by The Wall Street Journal, A.D. Pruitt reports that “some of the country’s top office-building owners reported they are cutting rents and increasing tenant incentives to keep buildings filled during one of the worst commercial real-estate markets in decades.”

We are all aware that the economy has taken a nosedive over the past couple of years. Businesses are closing their doors, employees are being downsized, and the current market value of houses has been consistently dropping.

In this article, I want to share with you why residential real estate agents should sell rental property to supplement their real estate business, some truths and myths about selling income properties, and how a good real estate agent software solution can help you prepare.