The Beehive State is up for rent! Nearly 30% of Utah households rent their homes. The median monthly cost for renters is almost $1,100, so you may be able to make your income completely off of your tenants. Yet collecting rent is rarely easy. You should expect to have a tena...
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Happy Holidays from all of us at Wolfnest! It’s truly amazing how quickly a year goes by and just how much change we can see in that relatively short period of time. Last December, home values and rental rates were soaring along with the job market and homebuilder sentimen...
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The Best Ways to Find Homes for Rent in Salt Lake City
By Daniel Robertson Friday, December 9, 2022
It can be challenging and stressful to find the ideal home to rent in Salt Lake City. There may be fierce competition for a high-quality rental property in a desirable area. Hence, real estate agents advise making plans in advance to avoid paying for a rental that does not really...
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5 Things Every Property Investor Should Know About Property Management
By Daniel Robertson Monday, December 5, 2022
Private individuals own nearly 72% of rental properties in this country. Corporate investment firms own most of the rest. Whether you're an individual property investor or a corporate firm, you should consider hiring a property manager for help. Managing rental prop...
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Today, 70% of US households have a pet. This means it's very likely that the tenants you come across will want to bring their furry companions.Many landlords are hesitant to allow pets on their rental properties though, as there's a common belief that they'll cause co...
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Buying a Home vs. Renting a Home in Utah: Which is Best for You?
By Daniel Robertson Monday, November 21, 2022
The U.S. Census Bureau reported that the national homeownership rate was 65.4% in the first quarter of 2022, meaning roughly two-thirds of Americans are homeowners. Over the past two years, it has seemed as though the entire other third of the population has been ...
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Did you know that apartment inventory is higher between May and September because of the significant turnover of leases and people moving during these months? Regardless of the time of year you move, you should start your search in the middle of the month before you need to move....
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It’s not just the beginning of the holiday season and it’s many long standing traditions that has us feeling deja vu. Month after month, the economic data stubbornly sticks to a well established script. The job market remains strong, inflation is still high (but read ...
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Why You Should Consider Partnering With a Real Estate Management Firm
By Daniel Robertson Thursday, November 10, 2022
Just in the U.S., there are around 20 million rental properties. Beyond that, individual investors own a majority of those properties.Some of the owners set out with a specific intention of buying up rental real estate. Yet, more than a few inherited properties or held on to a pr...
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Regular Rental Property Inspections: Why It Is Important For Utah Landlords
By Daniel Robertson Thursday, November 10, 2022
A residential property needs to be maintained to ensure its longevity and value. Most landlords in the rental housing market don't reside on the premises; therefore, they rely on the renters to keep their Salt Lake City investment property in good condition.To ensure a tenant...
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