Real Estate Investing: Saving Money on Rental Properties
They find great deals and pass them on to the mom and pop investors making a profit in the process. Recently, private equity firms and hedge funds have been pouncing into the hardest-hit markets nationwide and snapping up single-family homes by the tens of thousands. Just since 2011 at least $10 billion in institutional funding has flowed into single-family housing.
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Handymen usually tackle smaller, more manageable tasks, like: Painting and paint removal Minor appliance repairs (fixing a leaky toilet or faucet, among others) Installing tiling or flooring, moldings, windows, doors Refinishing decks, cabinets and other wood items When You Could Skip It: You could do any (or all) of these projects yourself if you have the time and interest in learning. Of course, this only works if you live relatively close to your rentals and are flexible enough to service them on short notice. And if youre willing to respond to the occasional 5 AM basement flooding.
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