What is Cash-On-Cash Return? Cash-on-Cash return is considered one of the most important return on investment calculations in real estate. Cash-on-cash return measures the cash income earned relative to the cash invested in the property. This is important because it is vitally important to get back what you put into a rental property, this is exactly why it is called an investment. How to Boost your Cash-on-Cash Return 1. Take a look at your investment property The answer to growing a larger cash-on-cash return may be right in front of you- and it may be easier than you think! Simple improvements can go a long way in increasing the value of your property. Apply a fresh coat of paint, or put up a privacy fence in the backyard. When you are ready to tackle a little larger project, have a new roof installed or upgrade the HVAC system. Even simple amenities like a smart home thermostat can add value. 2. Avoid turnover costs It is very important to thoroughly screen tenants before approving them for a home. Verify their income, conduct a credit screening report, and check their rental history. 3. Team up with the neighbors Improving the neighbrohood can make a huge difference in your investment property. Team up with neighbors to fix up an old community playground. You could also organize fun community events such as a neighborhood yard sale.

Don't overload an outlet! Plugging too many things into one outlet can cause serious electrical issues, and may even cause a fire. For regular household outlets, never plug more than two appliances in, and each outlet under 1,500 watts. Only use an outlet designed for multiple plugs, and know the amount of power you are placing on a circuit. Get a natural tree! Putting up a natural tree has held tradition for many families all across the nation. They smell great, and truly embody the holiday season. However, natural trees can shed needles and leak sap. Be sure to keep an eye on your tree and maintain it regularly while it is up. Keep an eye on candles! Holiday scented candles are a big trend during Christmas, but they can also be a safety hazard. Be sure to display your candles on a solid surface so that it may not fall down. Also be sure to always blow out candles before leaving the home. You may want to consider safer alternatives, such as a diffuser. Some landlords will not allow candles at all in a rental home, always be sure to check your lease agreement beforehand.

Listed below are a few benefits of using a property management company. If these don’t change your mind, give us a call to learn more! 1. We find high-quality tenants for your home. We thoroughly screen each applicant before making a decision. We investigate an applicant’s credit report, income, criminal records, and rental history before approving them for a property. Having a qualified tenant leads to timely rent payments, long term residency, and minimal wear and tear on your property. We treat each property like it is one of our own, we only want high-quality tenants for each and every property we manage. 2. Less legal issues Because we only want high-quality tenants, this typically leads to less legal issues. Forget about having to call the sheriff’s department to remove a tenant or spending hours of your time in court. No one wants to go through an eviction, we do everything in our power to avoid that process. 3. Short Vacancies Because we are property management experts, we know how to rent your home fast. Our in-house maintenance team prepares your home for rent with high efficiency, making sure it is always ready for a new tenant. It is also crucial to determine the right price, and doing so requires expert knowledge of the industry. We thoroughly scan the rental market to make sure your home rents at the optimal rate. If you are interested in learning more about our property management services, call us today at 662-536-3068 or visit our website at www.northmshomes.com.

Step 1. Set out pictures of family and friends! Even if you are unable to gather with a large group of friends or family this year, take time to ponder on the great memories you share with your loved ones by looking through old photos. May these memories flood you with happiness and joy as you settle into your new place. Step 2. Get in the kitchen! Some of the best holiday memories are made in the kitchen. Break out an old family recipe or start your own tradition with a new holiday meal. Invite your children to join along and let the fun begin! After all, a new house is not a home until the first meal is made. Step 3. Movie night! Pop some popcorn, throw on some festive holiday pajamas, and enjoy your favorite Christmas movie! Have the kids make a large pallet full of pillows on the ground and soak up every moment while you can. Christmas is a time of joy and peace! No matter what season of life you are in this year, make the most of this holiday season! From all of us at Muddy Waters Realty, we wish you a very Merry Christmas!

If you would like to save money and take proper care of your investment home, now is the time to start thinking about winterizing; here is how to do so! 1. Check all windows and doors for drafts WIndows and doors, especially in older homes, are prone to air leaks. If you feel a draft, you may block the air by: weatherstripping or caulking around loose panes or gaps in the frame. 2. Check for gaps in the walls or ceiling Use either expanding insulation foam or caulk to seal any holes. This is great for keeping warm air in, and keeping out any rodents or bugs. 3. Remove all window AC units Snow can collect on the unit and easily damage the system or can create too much pressure for the window and cause it to break. 4. Insulate outside pipes Outside pipes are at great risk for freezing, prevent this by covering your pipes with insulating foam.

1 . Find a property manager who is transparent Search for reviews and speak with current and former clients to get an idea of the operation. Next, call the property manager and get a better understanding of how they plan to serve your specific needs. 2. Find a full-service property manager with maintenance capabilities Maintenance is typically one of the biggest expenses that a property owner will encounter. With that being said, it is very important that maintenance services are handled appropriately. A property management company with an in-house maintenance team, who gets a property ready quickly after turnover, and who handles maintenance issues with professionalism is a wonderful asset. 3. Find someone who specializes in property management Don’t settle for real estate agents who just do property management on the side. Find a company who specializes in property management. Even better, look for a property manager who owns investment property themselves. Muddy Waters Realty checks off on all three important qualities for an effective property management company. We have had the privilege of serving Mid-South real estate investors for over 5 years. We have an in-house maintenance team dedicated to making sure your home is always in the best condition. We specialize in property management services throughout North Mississippi and Memphis, TN. In addition, our team owns investment property themselves; treating a rental home like it is one of our own is the standard at Muddy Waters Realty.

1. Roll on a new coat of paint A fresh coat of paint can make a big difference. Choose a light color to make the bathroom feel fresh and airy. A pale blue, light grey, or soft white color will do the trick! 2. Re-grout tile floors Grout tiles begin to look dirty and gross after years of wear and tear. Cleaning the floors with bleach does not always work. Instead of ripping up the floors and laying new tile, simply re-grout the floors. All you will need is: grout, grout sealer, a grout removal tool, a grout float, and a damp sponge. 3. Install a new light fixture A new light fixture can make a world of difference in a bathroom. For a modern look, try using a slim metal fixture above the vanity. For a rustic look, go with a statement piece with wood and mesh. 4. Replace hardware You do not have to buy a completely new vanity to spruce up an old bathroom. Replacing the hardware is a small trick to making a big difference. Upgrade the Shower Head Most renters will be disappointed if they see a small low-flow shower head in the bathroom. Surprise potential tenants with a dual-head shower head with a removable wand. This is an inexpensive way to add wonderful value to your home and make your bathroom feel like a peaceful spa to future tenants. 5. Upgrade the shower head Most renters will be disappointed if they see a small low-flow shower head in the bathroom. Surprise potential tenants with a dual-head shower head with a removable wand. This is an inexpensive way to add wonderful value to your home and make your bathroom feel like a peaceful spa to future tenants.