The PropertyClub Blog

The capitalization rate, commonly referred to as the cap rate, is a key metric in real estate that helps investors evaluate the potential return on an investment property. It is calculated by dividing the property's net operating income (NOI) by its current market value or purchase price. Here’s an in-depth look at the cap rate, its significance, and how it is used in real estate investing:

A bumpy and uneven lawn can look unattractive and also cause a variety of water drainage and safety issues. Leveling a yard can improve its appearance, functionality, and drainage. Whether you're dealing with small bumps and dips or larger uneven areas, the process generally involves several key steps. Here’s a comprehensive guide on how to level a yard:

Striped lawns have always maintained a certain mystique. Think of the groomed fairways at the Masters or the striping on any professional sports field. In fact, modern lawn striping owes its existence to professional sports fields. If you want to recreate the look of iconic sports fields in your yard, a lawn striping kit can help you do it. 

Making a cash offer on a house can be a strategic move in the real estate market. It offers several advantages to both the buyer and the seller, but it also requires careful consideration. Here’s the scoop on why people prefer cash offers on a house, how they’re done, and why it’s a smart move.

A pied-à-terre is a small residence or apartment used as a secondary residence. Typically a pied-à-terre will be located in a city and used for occasional use, much like a vacation home. Here are some key aspects of pied-à-terre properties:

A Letter of No Objection (LNO), is an official document that certifies that the current use of a property is lawful under the existing zoning regulations and building codes, despite possibly not having a Certificate of Occupancy. Typically LNOs are requested by financial institutions such as banks to confirm the legal use of a building without a certificate of occupancy. Here’s a detailed explanation of what an LNO is, its uses, and how to obtain one in NYC:

In real estate, the term "under contract" means that a seller has accepted a buyer's offer on a property, and both parties have signed a purchase agreement. This status is often listed on Zillow and other platforms to indicate that the property is no longer actively being marketed for sale, as the buyer and seller work through the remaining steps to complete the transaction. However, the deal is not yet finalized, as several contingencies and processes need to be addressed before closing. Here’s a breakdown of what "under contract" entails:

An emotional support animal (ESA) is a pet that provides relief and companionship to people struggling with some sort of mental health issue. Even if a landlord doesn’t allow regular pets in their building, the Fair Housing Act (FHA) requires them to allow emotional support animals as long as the owner has gotten the proper certification. But there are certain exceptions to this rule that let landlords deny ESA under specific circumstances.

Houston is one of the biggest cities in the US. Many people work, relax, and spend their time in the city. However, only some people want to live right in Houston. For many, it’s better to move to one of Houston’s suburbs to enjoy a more relaxed lifestyle. Read on to discover the best Houston suburbs. 

Many of the best movies about real estate are award-winning documentaries, comedies, and dramas. Some of the best movies about real estate are Revolutionary Road, The Big Short, and Glengarry Glen Ross. If you’re a fan of this genre, you’ll love our picks of the best real estate movies out there.

Yes, condos are good investments. They are a great option for newer investors that prefer a hands-off approach as they typically require less maintenance. As with any real estate investment you'll want to make sure you perform proper due diligence to ensure you purchase a condo that's been well maintained, and which can generate a decent return. 

A home inspection is a critical part of the home-buying process, as it helps identify potential issues that could affect the property's value or safety. Various factors can cause a home to "fail" an inspection, meaning that they could significantly affect the buyer’s decision to proceed with the purchase or require substantial repairs. Here are common issues that often fail a home inspection: