Being a landlord can be a profitable venture, but it comes with its own set of challenges. Thankfully, there are plenty of technological solutions that can help you maximize your profits and make the management of your properties easier. Here are some tips on how to use technology to be a successful landlord, courtesy of Clark Real Estate.

Utilize Virtual Property Tours 
Maximizing profits as a landlord can be accomplished with the help of technology, such as taking advantage of virtual property tours. By providing potential tenants with an immersive experience without the need for a physical tour, landlords can easily advertise their properties and stand out from their competitors. Visit online rental listings to learn how other landlords are using virtual tours to showcase additional amenities and features that might not be visible in photos or videos.

Invest in Accounting Software
Accounting software is essential for any business, especially when managing rental properties. It allows you to track income and expenses, create invoices, and manage taxes easily. Investing in accounting software will save you time and money in the long run by streamlining all of your financial operations.

Offer Online Payment Options for Tenants
Utilizing simple and secure payment platforms makes it easy and convenient for tenants to submit their rent on time. Online payment systems also provide landlords with detailed records of transactions, allowing them to easily track payments and protect against any disputes or charges from tenants. Additionally, providing online payment options encourages tenants to stay in good standing with their rent payments and demonstrates the landlord’s commitment to modern technology solutions.

Install Smart Thermostats and Fire Alarms
Investing in smart technology like thermostats and fire alarms can be a great way for landlords to maximize their profits. Smart thermostats, for example, allow landlords to easily adjust the temperature of their rentals remotely. Fire alarms provide the added security of knowing that your tenants are safe from danger. Installing these kinds of smart technology may require an initial cost, but they can be worth it.

Streamline Tenant Applications and Background Checks 
Online platforms automate the tedious task of manually processing applications, allowing landlords to save time and effort. Additionally, online background checks provide detailed information about rental applicants so that landlords can make informed decisions quickly and accurately. Utilizing these types of online services can give landlords an edge over their competitors in the rental market.

Register Your LLC Online 
Setting up your LLC online with a formation service is a convenient and efficient way to establish your business entity. By using a formation service to form an LLC, you can protect your assets and limit your liability. Additionally, integrating technology into your rental property management can help you streamline tasks, improve tenant communication, and boost overall efficiency.

Utilize Digital Documents for Easy File Access and Sharing
Utilizing digital document storage can be an excellent way to make file access and sharing easier. By keeping all relevant documents in one centralized location, you can save time and minimize errors. Additionally, this approach enables secure and efficient sharing of documents with tenants, property managers, and other stakeholders, ultimately improving collaboration and increasing overall efficiency. Something to bear in mind: if you work with multiple file formats across various platforms long enough, you might encounter a situation where you need to rotate a PDF. If so, this site could be helpful, and it’s free to use!

In summary, the integration of technology in managing rental properties can offer numerous benefits for landlords. Leveraging technology in managing rental properties can help landlords increase their profits, enhance tenant satisfaction, and streamline their operations. Whether you’re forming an LLC online or creating virtual tours, embracing technology can help landlords achieve greater success in their rental property business.

Clark Real Estate, experienced in helping buyers to build and manage their real estate portfolios for decades. Call (775) 828-3355.

Image via Pexels

Having the perfect rental application may seem like something easy to achieve. However, winning a rental application is tougher than it may seem. You must think about paperwork, references, good first impressions, etc. With the following tips, this process will be easier. You will find a good way to stand out to your future landlord and have your rental application easily accepted. 

Get your paperwork in order
One of the most crucial tips for winning a rental application is to provide all the documentation you need. Make sure you have the paperwork in order; otherwise, all your efforts will go to waste. Most importantly, you will need to provide proof of identification, such as a passport or a driver's license. If you are unsure, talk to a professional who will guide you through the process of applying for a rental. 

Provide your rental history and references
One of the most important pieces of information you'll need to provide is your rental history. Every homeowner is cautious when choosing a new tenant. They want someone who is reliable and who will pay the rent on time as well as keep the space in order. The best way to let a homeowner put their trust in you is to provide your rental history and references from previous homeowners. Use your rental application to show that you took good care of each property you lived in and that you paid rent on time.

Reach out to the owners of your previous rentals and ask them for references. These will help you immensely with your rental application. Even if the landlord of the rental you are applying for doesn't require you to add a reference, providing one will make you stand out. If many people are applying to rent the same property as you are, this will set you apart from the rest. The landlord will be more inclined to choose you as the new tenant as they'll be able to trust you. ​

Apply for the right rental property
You may already have an idea of what kind of property you would like to rent and live in. So, make sure you always apply for the rentals you can envision yourself living in. Don't apply for every property on the market. It may seem like a good strategy to reach out to as many landlords as possible, but it is not. Only spend time researching and applying for rental properties you know you can afford and live in. You will save yourself a lot of time and have enough energy to look for that perfect rental property. Before you start sending out your rental application to landlords, be sure about what kind of property you are looking for. 

For starters, location is one of the most important factors to consider. This is because the location is one of the rare things you can't change about your new home. Make sure it doesn't make your daily commute much longer. And see whether it has all the amenities you need close to it. Check out each neighborhood and whether it has everything needed for your lifestyle. For example, if you are moving with kids, you can base your decision on the nearby school districts. After you are all set on the location, narrow down your options by square footage and the number of rooms. Of course, factor in the condition of each rental as well. Newly upgraded and renovated rentals will cost more. 

Prove you can afford it
Every landlord wants to rent their property to someone they can count on for years to come. That's why having a good grasp of your finances is crucial. When a landlord knows you will pay your rent on time, they will give you a chance. Show proof that you can pay rent each month by showing proof of employment. Some landlords even contact your employers to make sure whether it is true. You can give proof of income by submitting your tax records. Whichever way you choose, you must provide proof that you can afford the rental property you decided to apply for. 

Write a cover letter
Besides the references from previous landlords, you can stand out to your landlord by writing a cover letter. The cover letter to the landlord doesn't have to be long. Rather, write down some key points about why you are interested in the property and why you think you'd make a great tenant. A good cover letter can help you during this process immensely. The landlord will appreciate that you took the time to write a cover letter. So, it will give you a bigger chance of being accepted as a new tenant. 

Be ready to move
Another thing that will make the process of applying for a new rental stress-free is to prepare ahead for the move and the relocation. Once you know you are prepared, you will have no problem relocating once your rental application is accepted. Moving can be stressful if you don't do it on time, especially when making an interstate move, such as from Florida to Nevada. Ensure to hire movers and rely on professionals who can handle your move from one state to another. Purchase the right packing supplies and pack as efficiently as you can. Save space and money by decluttering and packing strategically. With the stress of applying for rentals and dealing with the paperwork, you don't want any additional problems. And hiring the right people for the job is one of the easiest ways to make a move to your rental easy and stress-free. 

Tips for winning a rental application: summary
Winning a rental application can be easy when you plan accordingly. By providing all the necessary information, you will appear more reliable and trustworthy. And with a good cover letter and a couple of references from your previous landlords, you will surely be accepted as a new tenant. Before you get accepted, take some time to plan the moving process. This way, you'll move in more quickly once your application gets accepted.

​Photos via:
Pexels
Pexels
Pexels
Pexels​

Moving into a new home can be a fascinating event. But moving away requires a lot of planning and preparation beforehand. One of the things everyone should do before they move into their new home is to inspect it. Knowing the things to inspect before signing a rental agreement can help you decide whether to rent that home. When you check the house thoroughly, you’ll know its actual state before packing your things. You’ll know whether the home's safe and secure and whether it is worth considering moving into.

Electricity is one of the things to inspect before signing a rental agreement
Faulty electricity in a home can lead to severe problems. A house that doesn’t have good electricity isn’t just annoying. It can also be dangerous. That’s why you should always inspect a home's electricity before signing a rental agreement. Check every light switch and lighting fixture when you examine the house. That will help you see whether there are any problems with the electricity. Afterward, try out the appliances. That will help you see whether there are any problems with the electricity and whether the appliances work. You can ask a professional to inspect the electricity before you sign a rental agreement to ensure there aren’t any problems. 

Inspect the plumbing as well
Another essential thing to inspect before you sign a lease agreement is the plumbing. Not only can plumbing problems be challenging to deal with, but they can cause damage to the property and your things. Mold in the bathroom clearly indicates something is wrong with the plumbing. In addition, mold is one of the most dangerous things for your health that you can find in your rental property. Water damage on the walls or the floor is another way of knowing whether everything is in order with the plumbing. If there are any issues with the plumbing, take care of them before you move to protect your things from water damage. To protect your items during the moving process, experts from Rockstar Pro Movers advise you to use high-quality packing materials to protect them. That will ensure their safety during transport even further. ​

Heating, AC, and ventilation
No matter how great the property is, it can be challenging to live in it if the heating and AC aren’t working correctly. Inspect these things to find a home you’ll feel comfortable in at any time of the year. You won’t have to worry when the seasons and temperatures change. Besides this, make sure to check whether they are clean. A dirty AC and ventilation system can be dangerous for your health. If you notice they are dust-filled, ask the owner to take care of them before you move in. 

Inspect the paint
Before you start planning your move, check out the home's interior. Take a look at whether there are any stains or scratches on the walls. Even if this is something you can live with, knowing that the damage existed before you moved in is essential. You won’t risk losing the deposit after you move out due to the paint damage. Of course, if you notice any water damage to the walls, notify the owner right away. Once the damage is taken care of, you can move in. If you don’t like the color of the walls, ask beforehand whether you can change it. Asking important questions like these will help prevent problems later on. 

Safety and security
One of the most important things about the home you choose is related to its safety. Before you decide whether to rent it, check to see whether it is a safe and secure place to live in. Security cameras and security codes are some of the things to look for. Inside the home, look for a fire extinguisher and fire alarms. If there are fire alarms, inspect whether they are functioning. A carbon monoxide detector is another plus to look for in a home. You can also check out the crime rates for the neighborhood to know how safe the area is. That will help you decide whether to move here or not. 

Take a look at the furniture
Don't overlook the furniture if you want to rent a furnished home. That is one of the most important things to inspect before signing a rental agreement. Inspect whether it is damaged or whether it needs cleaning. That is especially important to do with wooden furniture that may have termites. Bedbugs are another severe problem you need to be on the lookout for. In addition, see whether you have all the furniture you need. The amount of available furniture and storage space will help you determine which property to rent. 

Moving in after signing a rental agreement
Now that you’re done with the inspection planning, it's time to move. Moving can be a little more complicated if you are moving from one state to another. To save money on your interstate move, downsize the number of things you own by decluttering. After you finish decluttering, it’s time to find the right movers and calculate your relocation costs. You can find expert help in the state to help you relocate safely, even from CA to Nevada. To save even more money on your move, pack efficiently. Put similar items together and use every box to its fullest potential. In addition, make sure to secure the boxes and label them. Not only does this make moving more manageable, but it will also make unpacking a breeze. 

To conclude
These things to inspect before signing a rental agreement are crucial. If you don’t inspect the home beforehand, you risk several things. First and foremost, you risk moving into an unfinished home or needing repairs. Things such as plumbing and electricity can cause several different problems if they aren’t in order. And if you are looking to move into a furnished apartment, the state and quality of the furniture will affect how you feel in the space. An inspection is one of the best things you can do to ensure your safety and comfort. It may take a little organization and time, but it will pay off as you can completely relax in your new home. 

Photos via:
Pexels
Pexels
Pexels
Pexels

Choosing to let someone live in your rental is always a risk. If they cause considerable property damage, then you’ll definitely fail to turn a profit. In order to avoid this, it’s important to know what questions to ask your prospective tenant’s references.

Do they have any pets or bad habits?
The very first of the questions to ask your prospective tenant’s references is whether they have any pets or bad habits. This is a question you can very easily slot into the conversation, whether you got a personal reference, a work reference, or a reference to one of their previous landlords. The latter, of course, will provide the most reliable information. This is especially important if you are renting to tenants with kids since they can be tempted to try to work around your ban on pets by hiding them from you.

Are they violent or cause problems?
This is another one of the questions to ask your prospective tenant’s references, irrespective of who they are. Friends and family will hesitate to say anything negative about them, but even their hesitation reveals a lot. Naturally, if their boss or previous landlord does reveal a tendency for problematic behavior, you should immediately give up on leasing out your rental to them! Even if they claim the person has changed since then, there’s a chance that they’ll revert to their previous behavior. And you do not want to risk your rental in this manner.

What’s their social life like?
While it may seem like an odd or innocuous question, this is very important. You need to know whether your tenant will feel compelled to organize parties or large social gatherings. While they are not an issue per se, frequent parties or too much alcohol can still lead to serious damage being inflicted on your property. And, if you are renting to roommates, it is doubly sure to check both of their references for this potential pitfall. When people room together, the scale of the social gatherings can grow and increase the potential for your rental to get damaged.

Do they make their payments on time?
This is a question you need to ask the landlords listed on your potential tenant’s references. Their rent payment history immediately reveals whether you will have problems with getting your payments regularly. Of course, some allowances should be made. Running late once or twice over a period of five or six years is more than okay. But, if they have a tendency to run late often, or ask for frequent extensions, then your own budgeting suffers. You won’t be able to rely on their payments, and that might not be something you want to deal with.

What can you tell me about their personality?
This is a question you want to ask the employer or landlord of your potential tenant more so than their friends or family. Family or friends tend to view problematic personality traits far more leniently than they should. A former landlord, however, can attest to the quality of their character more reliably. You do not want to rent out your property to someone confrontational. Or someone who makes an issue out of everything. Once a lease has been signed, you are more or less stuck with them, so make sure they have a personality you can stand for the duration of the lease.

Did they take care of the rental properly?
This is perhaps one of the most important questions to ask your prospective tenant’s references. Of course, the only ones who can attest to this are their past landlords. If they haven’t had a previous landlord, and you have their parents as one of the references, you should ask them about the condition of their room at home. The question may seem humorous, but if answered honestly, it can give you a lot of information. Failing that, you can always ask about their tidiness and cleanliness at work. This, too, can provide you with some insight into how they’ll treat your rental.

Were there any unexpected issues?
We have here another question aimed at former landlords. If they ask for clarification, you can ask if any repairs were suddenly needed due to damage inflicted by the tenant. Some damage can be accidental, such as stains or scratches. However, if they’ve broken an appliance or a piece of furniture, it can hint at something worse, even if it was carefully disguised as an accident. If they have a history of breaking things, you probably want to remove your better furniture and decorative pieces. As the experts from hansenbros.com love to point out, they can stay safe in storage for as long as needed.

Did your other tenants have any complaints about them?
One of the best ways to gauge whether a tenant will be problematic is to ask about the complaints of their neighbors. If their former landlord or neighbor can attest that there were no problems, you can rest assured. If there were a qualified property manager looking after the rentals, they’d also be able to provide a lot of pertinent information on this subject. However, you probably don’t want a combative tenant who might disrupt the lives of your other tenants on your property. ​

Would you let them lease your rental again?
The final of the questions to ask your prospective tenant’s references, if they’re a landlord, of course, is whether they would let them live in their rental again. There is no better way to check whether you want to let them lease out your property. If the answer is no, then even if they’d offered nothing but praise for the tenant previously, you can be assured there was something they’d held back.

Carefully selecting the right tenant for you
By using the questions to ask your prospective tenant’s references well, you’ll be able to find the perfect tenant for your rental! What ‘perfect’ means is different from landlord to landlord, of course. So, make sure to throw in any additional questions you believe are important to you!

Picture Links:
Unsplash
Unsplash
Unsplash
Unsplash

If you're thinking about renovating your home, there are a few things you should know before you get started. From understanding the different types of renovations to budgeting for your project, this guide from Clark Real Estate will give you an overview of what to expect when it comes to renovating your home.

Different Types of Home Renovations
There are many different types of home renovations, from small cosmetic updates to major structural overhauls. Some common home renovation projects include:

• Kitchen remodels
• Bathroom remodels
• Adding or expanding a room
• Finishing a basement or attic
• Updating flooring, lighting, or fixtures
• Painting or wallpaper
• Installing new windows or doors
• Sprucing up outdoor spaces

Establishing a Timeline and Schedule
Once you've decided on the scope of your project, it's time to establish a timeline and schedule. This will help you stay on track and ensure that your project is completed on time and within budget.Some factors to consider when creating your timeline and schedule include:

• The availability of tradespeople (e.g., electricians, plumbers, etc.) 
• The delivery time for materials 
• Any permits or approvals that are required 
• How long each stage of the renovation will take 

Budgeting for Your Renovation 
Next, you'll need to create a budget for your renovation. This will help you keep track of all the costs associated with your project and ensure that you don't go over budget. When budgeting for your renovation, be sure to factor in the cost of the following: 

• Labor  
• Materials  
• Equipment rentals  
• Permits
• Approvals

Software Used by Contractors These Days
Contractors today use a variety of software applications to manage their projects, including project management software, accounting software, and CAD (computer-aided design) software. Certain specializations also have their own specialized software. All in all,  by understanding which software applications your contractor is using, you can better communicate with them and stay up-to-date on the progress of your renovation.

How to Find Capable, Trustworthy Contractors
Once you've established a budget and timeline for your project, it's time to find capable, trustworthy contractors who can get the job done right. Here are some tips for finding reputable contractors: 

• Check online reviews: A quick Google search will reveal any past complaints or issues that potential contractors may have had with previous clients.
• Get recommendations from friends/family/neighbors: If someone you know has recently had a good experience with a contractor, they'll be more than happy to pass along their contact information.
• Check references: Once you've narrowed down your list of potential contractors, be sure to check their references before making your final decision.

Clearly Communicating Your Ideas
One of the most important aspects of any home renovation is clear communication between you and your contractor. After all, they're the ones who will be responsible for bringing your vision to life! Make sure you take the time to sit down with them and clearly explain what it is you're looking for before work gets underway.

Putting your ideas in writing is advisable, as well. If you like, you can start in Word, then save the files as PDFs so that they can be easily accessed on different devices. If you want to join various PDFs together, you can do so in seconds by selecting a PDF merger tool that you can use for free.

Getting Permits
Depending on the type and scope of your renovation, you may need to obtain certain building permits before work can begin. Your contractor should be able to advise you on which permits are required for your project.

Adding a Home Office
With more and more people working from home these days, it's no surprise that many homeowners are looking to add a dedicated home office space as part of their renovation plans. If this is something you're considering for your own home, be sure to factor in the cost of additional electrical outlets, internet hookups, and any other special features that may be required.

The Benefits of a Home Warranty
Finally, one last thing to consider when renovating your home is whether or not to purchase a home warranty. This type of insurance protects against unexpected repairs or replacements that may be needed after the completion of your renovation project. While not required, a home warranty can give you peace of mind knowing that your investment is protected.        

Now that you know more about what to expect when renovating your home, it's time to start planning YOUR dream renovation! Just remember: careful planning, clear communication, and staying within budget are key to ensuring that your project goes off without a hitch!

Clark Real Estate offers a variety of property management services for landlords and tenants alike. If you have any questions, please let us know. 

Image via Pexels​

Renting a home can be a fantastic solution for families, but it can come with some challenges. When you have kids, safety and comfort should be at the forefront of your mind when renting a home. So what can you do to make your kids safe and comfortable in a rental? With the help of experienced property managers, we did thorough research, and here's how to adapt your new rental so that your kids feel cozy, safe, and fully comfortable; so, if you're ready to take your rental from drab to fab, get ready to let your imagination run wild! Join us as we explore creative ways to make kids safe and comfortable in a rental so your kids can get creative and be themselves.

How to make your rental safe and comfortable for your kids?
As a parent, ensuring that your kids feel safe and comfortable in their home is of the utmost importance. But what happens when that home is a rental? Renting a home comes with its own set of challenges, especially when it comes to making the space safe and inviting for your kids.​

​Have you ever heard of the biggest little city in the world? We are talking about Reno, Nevada, a place in the northwest part of the United States of America. Whether for its incredible landscape, dynamic lifestyle, proximity to San Francisco, or the everlasting fun this city promises, Reno has been one of the most popular places over the years for both visitors and newcomers. So, if you have heard these amazing facts and are planning to come there for good, here are several things to know before moving to Reno, NV.

A few words about living costs
One of the most important things everyone would like to know when buying a home in the Reno city area is how much money they would need for a living. Well, truth to speak, Reno, Nevada, is not the most affordable place in the world. It is among the most expensive ones. An average family needs approximately $80,000 a month to have a decent life. Although living in Reno is cheaper than living in San Francisco or New York, it is still in the high 21st position among the most expensive cities in the country. Its living costs are about 8% higher than the national average.

The real estate market
Low property taxes, and generally high incomes, make Reno one of the top three places in the USA where people wish to buy a home. There are neighborhoods for everyone. Starting from the ones hidden in the peacefulness of a forest area to those situated in the center of busy city life.

Furthermore, since the number of buyers in the real estate market has grown, the available offers have decreased in the past several years. What's more, homes that are still in the game have pretty high prices. Still, some researchers have shown that shortly, the price growth will slow down for a little bit. That is why this may be the right time to invest in a house in Reno, one of the most wanted real estate in the USA. And when the moment of relocation comes, as the experts from familyaffairmoving.com would say, all you need is a group of experienced movers, and everything will be done in no time.

Finding jobs
The job market in the city of Reno is in constant growth. Their industries are expanding, and the offer is diverse. Some of the most developed industries in recent years are technology and healthcare. The number of opportunities is growing, while taxes are still pretty low. So, if you are moving to Reno to find a new job, you are one among the many.

The weather- one of the things to Know Before Moving to Reno, NV
In Reno, you'll have a chance to meet all four seasons. All over the year, they have a mixture of great hot summers, pleasant springs and autumns, and beautiful snowy winters. You'll see rain, snow, sun, strong winds, and even thunderstorms. Although the temperatures in the hottest and the coldest months can vary, they never go below 23°F in winter or 89.6°F in summer.

So, if you are among those who are moving to Reno from California for work, get ready to pack some warm clothes, too. You are going to experience some real winter weather with all its charms. And when it comes to preparing your household for the move, experts can pack in no time since packing services in California are more than excellent.

The town's atmosphere
When we say small-town atmosphere, we mean precisely that. One of the things to know before moving to Reno, NV, is that their people cherish a strong sense of community. Naturally, everyone knows their neighbors. Even if they are newcomers, it's only a question of time before someone will knock on their door and help them blend into the city's community and life.

That is one of the reasons why Reno is a perfect moving destination for families. In this city, you will find numerous great family-friendly parks that can offer entertaining outdoor activities for kids and adults. And when it comes to traffic, traffic jams will be your past since people in Reno rarely sit and wait in their cars for more than a few minutes.

Education
When we talk about schools you can find in Reno, there are many options. Reno's education system is strong. Some of the best public schools in Nevada are in Reno.

On the other hand, when it comes to higher education, Reno residents can boast of being a college city. Apart from the Truckee Meadows Community College in this city, there is also a four-year public University of Nevada Reno.

The crime rate in Reno, NV
Since safety is one of the top priorities among the residents of any city, especially if they have children, it is good to mention that Reno is not considered the safest place in the world.

However, although the crime rate is above the national average, not all neighborhoods have the same crime rate. The Reno residents prefer living in the southwest part of the city since they claim it to be the safest one. Still, you should remember that there is no perfectly safe place in the world. So, all you need to do is to get informed about the crime rate in the area of the city you would like to live in. 

Entertainment
Well, entertainment is the word that best describes life in Reno, NV. This is the city where the fun never stops.

• If you have heard of Reno before, you must know about its famous casinos. Some of the best gambling sports in Nevada are found precisely in Reno.
• However, Reno is not all about having fun gambling. It is also an important cultural and art spot. Apart from all the art centers, galleries, and museums you can visit, there are also special celebrations and events all year round. Some of the most interesting ones happen in July.
• For all the night-out lovers, friendly restaurants in Reno offer high-quality and diverse cuisine.
• When it comes to outdoor fun, there are incredible mountain hikes, golf courses, ski resorts, and many other winter recreation options.

Flipping houses can be a great way for aspiring students to earn money for college. With a little hard work and a bit of luck, one can turn a profit from buying an inexpensive fixer-upper and selling it at market value. Investing in the real estate market requires careful research and savvy knowledge of the industry, but with dedication and persistence, flipping houses can become a lucrative investment that pays off in more ways than one.

Find the Right Home to Flip
One of the most important steps in real estate investing is finding the right home to flip. It can be hard to determine which properties are worth your time and money. However, there are several factors you should consider when evaluating potential flips. You should look at a property’s location, condition, zoning, and comparable prices. Also, consider housing trends and research what similar properties have recently gone for on the market. With a little diligence, you'll be able to find the perfect property flip. 

Check the Zoning
When looking for a house to buy and potentially flip for a profit, it is important to research local zoning laws. Every county or municipality may have different regulations which could prevent or limit renovations, additions, or other changes that could affect the value of the property. By checking with the local zoning laws first, potential home flippers can save themselves the heartache of a bad deal.

Call the Pros
Even if you have experience in home improvements, it's still wise to hire professional contractors for major projects such as plumbing, electrical work, structural changes, and more. Skilled professionals will get the job done correctly and safely while ensuring that your renovation project complies with all applicable laws and regulations.

Make It Sparkle
When you're ready to put up your property for sale or rent, don't forget about deep cleaning. A good vacuuming and decluttering will already go a long way. This is an often overlooked step, but it can make all the difference when it comes time for potential buyers or renters to tour your home since they'll appreciate seeing how well-maintained everything is from day one. Plus, deep cleaning before listing will give you an edge over competing listings on similar properties nearby.

Market Your Property
When it comes to flipping a house, successful marketing can be the difference between making a profit and taking a loss. Utilize all available channels to get the word out about the property, such as listing it on online real estate sites, reaching out to local Realtors for referrals, and utilizing social media platforms like Facebook and Instagram. Host an open house or organizing events at the property to generate interest. Invest in professional photography, staging, and open-house support to increase visibility. 

Additionally, make business cards, which can help spread the word about your listing quickly and easily. Make sure your cards include information about what makes your property unique, such as its location or amenities included in the sale/lease agreement.

Alternatively, reach out to Clark Real Estate. We can manage your property for you in the Reno and Sparks areas.

Study Online to Save on Costs
If flipping houses isn't enough money for school tuition, you can always take classes online. Whether you want to earn your bachelor of education or your master's in accounting, virtual learning has become popular in recent years due to its convenience and flexibility when compared to attending full-time in-person classes. Moreover, online degree programs can cost significantly less, which means your tuition budget goes further.

Flipping houses to help pay for college can be a lucrative undertaking. With careful research and planning, it can be an incredibly rewarding venture both financially and emotionally. Whether you're looking to pay off student loans or save up money for tuition costs at college, flipping houses can be a great way for adults to return to school after years away from the academic world.

Image via Pexels​

​If you are a new landlord and don’t know much about renting to tenants with kids, you should check out our article and learn valuable tips.