Latest Blog Posts
The real estate market is always evolving, and knowing which areas are on the rise and which are struggling can be key for investors, property managers, and even homeowners. In our latest episode of the Saint Louis Property Manager Podcast, we dive deep into Zillow’s data on the most and least appreciating areas in St. Louis. By analyzing the numbers, discussing the neighborhoods, and sharing our on-the-ground insights, we help investors understand where their money could best work for them in this ever-changing market.
In today's competitive real estate market, it's essential to stand out as a buyer. Key strategies include getting fully underwritten before making an offer, which makes your bid more attractive to sellers by reducing financial contingencies. Acting quickly with a same-day pre-approval and communicating directly with listing agents can also give you an edge. While waiting for interest rates to drop might seem tempting, it often leads to increased competition and higher property prices. Instead, consider locking in rates now and refinancing later if rates decrease. Understanding the nuances between FHA and conventional loans can also help you choose the best option for your situation. Overall, being proactive and prepared is crucial to successfully navigating today's market.
17:50 How to Find a Good Property Management Company Key factors to consider include the responsiveness and communication style of the property manager, their local presence, and their ability to handle problems efficiently. Shopping based on these criteria can lead to better management of your property.
Why Adding Your Property Manager as "Additional Insured" is a Must-Do
“Many downsizers expect to improve their retirement income stream if their new home costs less than what their old house sells for. Lower utility costs, insurance and property taxes — as well as investment returns on the proceeds — can also improve the bottom line.”