Julia Del Rosario

Jan 16, 2025 | theclose.com | Julia Del Rosario |Gina Baker

Evicting a tenant will never be anyone’s favorite task and is one of the most challenging aspects of being a landlord. However, eviction is sometimes necessary to protect your property and avoid legal headaches. Whether it’s unpaid rent or property damage, knowing how to evict a tenant involves understanding eviction laws, processes, and effective communication. Let’s look at the proper steps to evict a tenant, how eviction works, and tips to safeguard yourself from bad tenants and scams.

Jan 13, 2025 | theclose.com | Julia Del Rosario |Melanie Patterson

Performing a rental market analysis (RMA) is essential for understanding a property’s income potential. An RMA involves in-depth research on comparable rental properties—scrutinizing local amenities and calculating formulas that include average rental rates. This meticulous examination of data reveals whether a property is likely to generate positive or negative cash flow and aids in investment decisions.

Dec 17, 2024 | theclose.com | Julia Del Rosario

When you’re a landlord, you need cold, hard proof that prospective tenants can pay rent on time. And that’s where proof of income for apartments comes in—it shows you whether a soon-to-be tenant is financially stable. Pay stubs, tax returns, and bank statements are the usual paperwork, but other sources exist to verify income. I’ll enumerate the top 10 proof of income documents, what to do when tenants can’t provide one, and how to dodge fake paperwork.

Dec 12, 2024 | theclose.com | Julia Del Rosario

Probate leads are worth exploring if you want to expand your portfolio and score properties at excellent rates. But how do you actually find these leads? From digging into public records and attending auctions to relying on paid services—there are plenty of ways to get started. I’ll explore exactly what a probate lead is, the pros and cons of probate leads and properties, and how to find and purchase them. Before finding and buying probate leads, it’s essential to understand what they are.

Dec 5, 2024 | theclose.com | Julia Del Rosario |Gina Baker

Flipping houses is a worthwhile investment in the long run, but it’s necessary to figure out how much it’ll cost to ensure you’re profiting from your efforts. The average cost of flipping a house varies depending on the property location, type, and degree of the required renovations. To answer how much does it cost to flip a house, you’ll need to add four main costs: acquisition, renovation, carrying, and selling. I’ll walk you through flipping costs so you’ll feel confident about your budget.