Magnolia Property Solutions, LLC

Real Estate Investing


Leave a comment

Renters Be Aware

With the rent rising and the popularity of renting still in it’s booming phase, it’s going to be a tough market to get the living space you are looking for.

There are a few smart tips to go into this market with that might be beneficial for you in this process. With the prices rises, it might be smart to consider sharing the rent.

If that’s not an option, know your rights! It’s important to know the rules for fees and deposits and to protect yourself from those landlords who aren’t as reliable or trustworthy.

Anticipate extra fees and costs. Expenses can rise with parking, insurance, and amenities. Never go to your maximum budget because there will always be something extra you aren’t taking into account for. If you are one of those lucky ones without any hidden fees, you’ll appreciate that extra income later on.

Be prepared to negotiate. Since renting is on it’s rise, the competition can get rough. Keep all your information needed for an application ready so there is no wasted time, and accept that you might be fighting with others for the same space.

Be willing to compromise. You are not going to get what you used to pay for. ¬†Accept the fact that you might need to live with less and be reasonable. Renting is stressful enough, you don’t need any extra stress added onto it!

Be prepared. Be ready to negotiate. Be open to different possibilities.


Leave a comment

Why Rental Costs Are Rising!

Rental costs are skyrocketing and you might not know why, but we do.

Family-sized: Chelsea and Marc splashed out on a $10.5million, four-bedroom apartment last... http://dailym.ai/1r39CEL#i-aa570e76

A majority of the economy is renting instead of purchasing! Why?

Have a studio, no problem. Build a stage four your bed- and build a room divider- or install a curtain around your bed, in a sense creating a room divider.

With the economy down we are learning to live with less square footage and necessities.

Streets of Monaco at Night. I want to take you there forever.  That place has something very special and with you would be magical.

We find ourselves traveling more which means we aren’t willing to be tied down.

8 Sneaky Small Space Solutions | Apartment Therapy

But because of these things, more renters equal higher rent. It’s the average concept of supply and demand.

old apartment building

But with higher rent it is less affordable, so you end up in a less desirable area.

Go Whimsical in Your Color Approach. Teal front door and gray grey exterior on house home. (IDEA for front porch)

And you’ll soon find out that the single family home you were looking at before, is not only more affordable. But you get a return investment from it!

Which is better? Neither. It depends on your living situation. But if you are looking for something more affordable, you might just want to look at your rent cost vs a monthly mortgage!