News & Insights

Seven Steps to Prepare Your House as a Rental Property

A rental property to-do checklist for first-time landlords The single-family rental market is hot. Realtor.com’s chief economist, Danielle Hale, projects rent price growth will likely remain elevated well into 2023. Based on the consumer price index, the Federal Reserve Bank of Dallas forecasts that year-over-year rental price growth will rise from 5.8%, as of June […]

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Seven Common Mistakes Landlords Make with DIY Property Management

Being a landlord is hard work and demands specific skills. Even those well-suited to the role make mistakes—especially at the beginning. For many property owners, landlord “duties” is a side gig, something you do when you’re not doing your “real” job. But being an independent landlord is a real job—and it can be stressful. Landlord

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Energy Efficient Condo Recommendations From HOA Property Management

Get tips from GNP Realty's HOA property management team on different ideas to present to your condo board about integrating energy efficient upgrades in your community. From water saving measures to window upgrades, such measures can cut not only individual homeowner association costs, but also increase home values for the entire community.

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17 Key Differences Between Commercial & Residential Properties

Investors intuitively understand that there are significant differences between residential property ownership and owning commercial property. For instance, residential real estate is private property intended to serve the round-the-clock needs of individuals, needs such as shelter and basic living space. Meanwhile, commercial real estate has its purpose right in its name: commerce. These locations facilitate trade and usually house businesses rather than people looking to lay their heads down after a long day.

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Six Traits of a Great Landlord

Being a great landlord takes time and effort, but it is essential to keeping good tenants. After months of double-digit rent increases, rents have begun to moderate. A January 2023 report from the National Association of REALTORS® shows rents rose 3.7% year-over-year in the 4Q 2022, compared to 5.6% and 9.2% in the previous two

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Sell vs. Rent? The Pros and Cons of Being a Residential Landlord

Whether due to a job change, a growing (or shrinking) family or because hybrid employment allows you to work from Hawaii, you may be faced with deciding whether to sell or rent your residential property. In today’s sky-high rental price market, renting your home may seem the smart choice. Alternatively, while home prices have begun

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