So you have $100K. What do you do with it? You could put it in a money market savings account with an average return of 0.30% APY. After one year you will have earned $300. You could put it in a CD with an average return of 0.50% APY. After [...] Read more »
The Other Number
When looking at comparable properties to see how much to list your property for rent, you not only have to look at the listing price, but also the number of days the property has been listed. A property listed for $1500 per month and sitting vacant for a year is [...] Read more »
The MLS is Useless for Finding a Tenant
One time a realtor asked me for the MLS (multiple listing service) listing of a property I had for rent. I told her it isn’t on the MLS. She was shocked. I told her I wasn’t a realtor, so I couldn’t put it on the MLS and if I was [...] Read more »