The Advantages and Disadvantages of Renting By The Room

RentingOne way to increase returns on your real estate investment is to allow renting by the room. This allows multiple tenants to stay in one room rather than a single family or individual. Both the landlord and the tenants benefit from this and is a popular option in many properties today. Essentially, it makes rental income more reliable, and your passive income more stable. However, there are some cons when taking this route that can ultimately affect the payoff.

High Turnover Rate

Having multiple people live in one home is a cost-efficient way to live. However, it’s not that much of a long term solution. People tend to want to move on from this and purchase their own home when the time comes. This is why you’ll see such a high turnover rate. But, on a positive note, there are always people looking for a place to stay, so you’re more than likely going to replace tenants fairly easily.

Irrational Tenants

The fact that you have more than one tenant in your living space can result in frequent arguments and disagreements. If you’re renting out a house for example, you’ll likely encounter people that just don’t fit well together. Their problems are essentially going to turn into your problem as the landlord. If you don’t feel like you’re up for the dramatic events, this may not be the right route for you. In addition, be prepared to fix whatever damages they do to the house. You never know what goes on until you get an official home inspection performed.

Bio: Kuba Jewgieniew, the founder of Realty ONE Group, has elevated his company to one of the fastest growing in America, as rated by Inc. 500.

Common Mistakes For Selling Your Home

Article written by Career Advantage Portal

There are many mistakes that homeowners make when they’re selling their house that ends up with their property staying on the market for long periods of time. Once the home becomes complacent on the market and doesn’t attract any buyers, its value significantly decreases and leaves the owner with little to no choice but to sell it for a lower price. Here are some common mistakes made that you can avoid.


Curb Appeal

Your house should have curb appeal when you list it. You can have the most magnificent looking interior, with a fully-remodeled kitchen, but if the front of your house looks extremely unattractive, you’ll more likely scare away buyers then attract them.


When you list your property up for sale, you’re going to want to take as many pictures of your house as possible. There is a belief that the part of your home that is not photographed leaves something to be desired. Buyers will be more interested if they can take a “virtual” tour of your home. Take a look at other people’s listings to get an idea of what pictures they are taking, what angles they are using, and how decorative they get.


Don’t overvalue your home to more than it should be. Although it seems like you can make a significant profit out of your property, you’re taking a huge risk when you place your house at a high price. Don’t let your home depreciate on the market by quoting it for a ridiculous amount. Expect to see a load of lowball offers as well.

Bio: Kuba Jewgieniew is the CEO of Realty ONE Group, a dynamic lifestyle real estate brand that values finding ways to enhance your overall experience and boost your success.