Troy Property Management Blog

Investing in REITs: Exploring the Benefits of Real Estate Investment Trusts

Data from Trading Economics shows that the homeownership rate in the US sat at 65.6% as of the first quarter of 2024.A home can be a great financial asset, but if you want to invest in real estate, it's not the only option. Real estate investment trusts (REITs) present a...

New Construction Homes: What to Know Before Buying Off the Plan in Troy, Ohio

According to Dayton Daily News, the homeownership rate in Ohio was 66% in 2022.A lot of people dream of being homeowners, and it may be time for you to purchase a home. New construction homes are a popular choice, but you should always consider your options. Modern home designs c...

Maximizing Your Troy Property's Potential: Expert Home Selling Tips

What do all home sellers have in common?Undoubtedly, you want to bank a tidy profit after selling your property. It's also a plus if it finds a buyer as soon as possible.Selling your Troy, OH, home is a big decision, but maximizing your returns is an even bigger task. Thankfu...

Rental Management or Tenant Placement - Which Is Better in Troy, OH?

The Motley Fool has listed how much real estate investors in each state make on average. People in Ohio can expect to make $115,671 annually. Of course, you've got to have tenants to make your would-be six figures.Finding quality tenants is possible on your own. However, it c...

Navigating Real Estate Financing: Options and Considerations

You've found the perfect investment property, but your bank account isn't quite as excited as you are. Don't let that dampen your entrepreneurial spirit. In today's dynamic real estate market, savvy investors have a toolbox full of financing options at their dispo...

How to Keep Great Tenants in Your Troy, Ohio Investment Property

According to data from Avail, 28% of renters negotiated the price on their most recent lease renewal. Renters want to stay. Without a leasing management strategy, however, you could miss the chance to improve your tenant retention rate.Instead, you'll waste time and money try...

Unveiling the Value: The Importance of Real Estate Appraisals

They say all is fair in love and war. But real estate? Sometimes not so much. That's where appraisals come in. Real estate appraisals are vital to the buying and selling process, ensuring fair property value assessments for all parties involved.Let's look closer at their ...

Rent-to-Own Homes: A Path to Homeownership in Troy, Ohio

The national homeownership rate stands at 66%, with the remaining 34% of households renting. For those in the renting group who dream of owning a home, rent-to-own homes offer a unique path to achieve that goal. This option is gaining traction in Troy, Ohio, where the housing mar...

Flipping Properties for Profit: Strategies and Success Stories

The real estate market has a huge amount of potential for those wanting to build their wealth.There are different approaches you can take, and property flipping is among the most popular. Flipping homes isn't easy, however, so you may want to seek assistance. A professional r...

Rental Properties: How to Find and Manage Profitable Rentals in Troy, OH

The average home flip yielded a $66,000 profit in 2023. Sometimes, that's a good profit, but it's a one-time gain. You can also pursue real estate options that offer long-term profits.One such option is buying and owning rental properties. If you're in Troy, OH, and w...