Paramount PMR Blog

When you successfully invest in any market, it can really establish some financial freedom for you. But with so many investment options that you can choose from, what is the best and most stable investment for you?Stocks and real estate investments are the two most popular investment options that are available. In this article, we at Para...

If you’ve recently purchased an investment property and are planning to manage it alone. It’s a great idea to understand your responsibilities so you don’t make any easily avoided or costly mistakes. Managing a rental on your own is a challenging task. In general, it takes time to develop the variety of skills it ta...

A real estate investment is a great way to safeguard and grow your wealth. Real estate has the unique capability of conserving your wealth, appreciating value, and providing a dependable source of passive income. As one prepares to invest in rental property, it is a good idea to weigh any risks against the potential reward. One of th...

When you own an investment property, a lot of work goes into keeping it running. From finding the tenants you desire and the level of maintenance they need, to marketing and keeping on top of the books. So, many landlords choose to work with a property management company to help them keep on top of their many responsibilities. W...

Sometimes landlords ignore the value of a welcoming exterior to their rental property which can lead to vacancies. This should be something high on the priority list. The interior of your rental property may have beautiful furnishings and appear well-organized, but prospective tenants may not notice until they enter, at which point their ...

Many investors like you, find themselves as long-distance landlords. Maybe you’ve relocated and decided to earn some extra bucks by renting your former home instead of selling it. Or you might be a retiree living on the coast but needing some extra money every month. Whatever their reason may be, there are still challenges that...

Every property owner or professional maintenance company would love to be able to charge more rent for a property or sell a property for a higher price when the time comes. Would you trade $5 for $10 in return? Some “investments” may cost more than they return to your pocket in the future and would hence not be investments. T...

Landlords, just like everyone else, are taxpayers. The Internal Revenue Service (IRS) requires landlords to report all their annual rental income when filing tax returns. The IRS defines rental income as any payment a landlord has received for the occupation of their rental property. Rental income includes rent payments and expenses ...

It can be perplexing for property owners to decide whether to furnish their rental homes or not. Sometimes it benefits property owners to offer more services in the form of providing furnished rental units. Transferring bulky furniture and planning the decoration can leave renters stressed, so they may prefer to move into properties ...

The success of a real estate investment depends on various factors. However, the most significant factor that impacts how well it performs is the management approach. The main essence of property investment is to earn profit. A novice investor may form the profitability of a rental property as a simple equation: income - (mortgage + ...