According to Max Zahn of ABC News, following the Federal Reserve’s half-point interest rate cut, the S&P 500 and Dow Jones Industrial Average soared to record highs, signaling investor optimism…
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Stessa News:
Federal Reserve cuts interest rates for first time in 4 years
The Federal Reserve announced its first rate cut in 4 years, according to Jeff Cox of CNBC. “With both the jobs picture and inflation softening, the central bank’s Federal Open…
Average age of homes at 40 years, signaling forthcoming renovation boom
Commercial real estate as a whole is facing a bumpy ride. The Green Street Commercial Property Price Index dropped by 0.6% in January month-over-month. This index decreased 14% from its…
Tenant screening…check!
As a real estate investor, you know that tenant turnover is disruptive—not to mention costly—and finding a tenant (and not just any tenant, but the right one) can be a…
The best time of year to rent your house
As a landlord, you always want to maximize your rental income. One of the best ways to do that is by timing your listing around peak rental season. Peak rental…
Introducing Stessa Cash Management: A new, streamlined banking experience
We’re excited to release Stessa Cash Management—the banking product purpose-built for real estate investors. There are many benefits to having a dedicated checking account for your real estate portfolio, like…
Is rental income considered earned income?
There are more than 50 million housing units occupied by renters in the U.S., according to the most recent census. Throughout the year, landlords use rent money collected from tenants…
Writing a notice to a tenant to remove pets [free template]
One-third of all pet owners adopted during the pandemic and 78% of pet owners view their pet as a best friend or even a family member. Unfortunately, some people who…
What is a Real Estate Income Statement & Can it Be Automated?
The real estate income statement is one of the three key financial reports real estate investors use to monitor the performance of rental property owned and prospective investments. If a…