What is Useful Life and Why is it Important?

All things on earth have a life expectancy – people, buildings, clothing, food, etc. All the parts of an investment property have a life expectancy as well. A building can last for years, even centuries, while you may have to replace that dishwasher next year or in ten years. Why is it useful to consider […]

How Is Your Rental Property Insured?

Many times when an investor is considering the purchase of a rental property, they look to the typical financial metrics such as cap rate, occupancy rate, square footage, occupancy, etc. All of these are great measurement tools in the evaluation of a purchase. But while the property is being evaluated, don’t forget to ask about […]