The PropertyClub Blog

The Gross Rent Multiplier (GRM) is a simple and useful metric real estate investors use to evaluate investment properties, particularly rental properties. It helps investors quickly compare the relative value of similar properties in a specific market. Here’s an in-depth look at how to calculate GRM and use it in practice.

Ceiling tiles are one of the places where asbestos is commonly found in older homes. While it brings some undeniable benefits to the table regarding fire protection and insulation, it also poses a severe health hazard to people unfamiliar with asbestos and its health effects.

An Aztech Recognition Agreement or “Aztec Form” is a legal agreement between three parties: the shareholder in a co-op, the lender, and the co-op cooperation. The purpose of the agreement is to outline what happens if the shareholder stops making mortgage or maintenance payments.

Many older houses have asbestos siding. While asbestos is not dangerous when properly contained, it still poses a severe health hazard if disturbed. This can happen during remodeling or construction work, making it essential to be aware of the situation in your own home.

Online home appraisals are useful for homeowners and buyers to get a general idea of a property's value. However, for more accurate and legally recognized appraisals, especially for financing or selling purposes, it is recommended to hire a professional appraiser.

Most landlords in New York require tenants to carry renters insurance. Although this may sound inconvenient, a typical NYC renters insurance policy will only cost around $150 to $250 a year and will protect your belongings, making it worth the investment.

If you've heard of the benefits of how an LLC can protect you and your privacy, you might be wondering if you can buy a house with an LLC. The short answer is yes. But before you jump in, there are several things you must know. This article will explain what an LLC is, how it works, and the pros and cons of buying a house with an LLC. 

Asbestos was used in most homes built between 1910 and the 1980s when it was finally banned in July of 1989. Throughout this time, asbestos was commonly used in wall insulation, floor tiles, ceiling material, siding, and pipe insulation. 

Sitting on the Atlantic Coast, Maryland is a small state that is surrounded by multiple large cities, including the nation’s capital. Many of Maryland’s cities, such as Baltimore, have crime rates that are much higher than the national average. To help you stay safe, we’ve compiled a list of the twelve worst cities in Maryland. 

ARV (After Repair Value) in real estate is an estimate of a property's value after all repairs and renovations are completed. This metric is crucial for real estate investors, particularly those involved in house flipping, as it helps determine the potential profitability of a property.

Cash-out refinancing in Texas involves replacing your existing mortgage with a new one that has a higher loan amount than what you currently owe. The difference between the new loan and the old loan is given to you in cash, which you can use for various purposes such as home improvements, debt consolidation, or other financial needs. However, Texas has specific laws and restrictions governing cash-out refinances that are important to understand.

Considerable costs are sometimes overlooked when selling a house, which is why it is a good idea to complete a seller’s net sheet when selling a home. It’s usually known and expected that a seller will have to fork out some money to cover commissions and closing costs, but many smaller miscellaneous expenses are often overlooked. A seller's net sheet is an excellent way of tracking them.