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Rental Properties

Rental Properties

1 Question Every Landlord Forgets to Ask a Potential Property Manager

by Ali Boone April 19, 2014
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This is one question that really matters. This is the one that the answer can make or break your rental property investment. People don’t know to ask this question. I didn’t know to ask this question when I got started, or even years into it. Until it became an issue, I never could have known […]

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Rental Properties

My Experiment with RUBS Water Metering for my Multi-Family Properties

by Tom Sylvester April 14, 2014
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One of my biggest frustrations when it comes to multi-family investing (at least in my area) is the fact that the water bill must be in the name of the property owner. From what I understand, this came about because it was easy for tenants to skip out on their water bill. The local municipality cannot […]

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Rental Properties

Tenant Screening is About the Questions You Ask

by Kevin Perk April 14, 2014
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Tenant screening is a critical part of being a successful landlord.  But screening is not just about eliminating the professional deadbeat tenant, it is also about eliminating and reducing the amount of problems you have as a landlord.  It is about finding people who will be good fits for your properties, who will live by […]

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Rental Properties

14 Tenants Who Just Don’t Care

by Seth Williams April 11, 2014
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If you’ve ever rented your real estate to a tenant who doesn’t care about your rules or your property (or anything else for that matter) – you’re probably familiar with some of the struggles and complications that can come along as part of the package. If you’re considering renting your real estate to a tenant […]

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Investor Psychology

Sometimes Landlords Create Their Own Problems

by Kevin Perk April 7, 2014
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I was sitting around talking with a few other landlords the other day.  Some of these folks were new to landlording, others had been in the business for decades.  As is usually the case every time landlords get together, the discussion turned towards landlording problems.  This time was no different.  As the discussion rolled along, […]

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Real Estate

3 Impressive Ways that Buy-and-Hold Investors Gain Equity

by Paula Pant April 2, 2014
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Think rental properties are ONLY good for cash flow? Guess again. If you have a buy-and-hold strategy with real estate — in other words, if you are the proud owner of a rental property — you may think that the only money that you earn is through monthly cash flow. If your property grosses $1400 […]

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Rental Properties

Considering Accepting Money after the Eviction? Beware!

by Kevin Perk March 24, 2014
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I had an interesting question asked on one of my blog posts recently.  That post examined the eviction process here in Memphis, Tennessee and the reader asked if a landlord needed to pursue another eviction after accepting payment from the tenant who yet again has fallen behind. The short answer to that question is yes. […]

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Rental Properties

The Pros and Cons of Including Utilities with Your Rentals

by Kevin Perk March 17, 2014
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One of the many factors that must be analyzed when considering an investment property is the cost of utilities.  Usually, with every investment property there will be some utility costs associated with it.  Sometimes these costs may be minimal as, for example, they are with a single family rental. Other times, they may be significant […]

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Rental Properties

What are Your House Rules?

by Kevin Perk March 10, 2014
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As landlords, we have a set of house rules that go with our rental properties.  They are an addendum to our lease and we sit with every new and approved applicant and read them word for word. I like to keep the rules separate from the lease.  It just seems a bit easier to administer […]

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Rental Properties

The Awesomeness of Holding an Open House to Find Tenants

by Paula Pant March 5, 2014
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Let me tell you how much I despise one-on-one showings with perspective tenants. Okay, “despise” is a strong word. It’s meant for dramatic effect. But I’m a busy person. And driving to my property  to show a vacant unit to one person is a massive waste of time.   Yes, I pre-qualify the tenants over the […]

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Rental Properties

Your Tenant Left You High and Dry (the Horror!) Here Are Your Next Steps…

by Kevin Perk February 24, 2014
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It is the end of the month and you are going through your rent collections and notice one is missing.  “That’s odd,” you think to yourself.  That particular tenant is never later plus I just spoke to her a couple of weeks ago and all seemed well. You wait another day or so to see […]

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Rental Properties

8 Things I Hope My Landlord Never Finds Out…

by Paula Pant February 19, 2014
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Today, just for fun, I thought I’d write a slightly tongue-in-cheek post from a fictional renter’s perspective. Hopefully it’ll give some landlords a nice laugh. (Who’s experienced some of this? Show of hands?) Without further ado – 8 Things I Hope my Landlord Never Finds Out. #1. Even though our rental agreement says I cannot […]

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Rental Properties

Science Fiction or Your Future: Collaborative Landlord Triples Profits Leasing Cars to Tenants

by Al Williamson February 11, 2014
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To advance the mission of finding auxiliary income streams that could exceed gross scheduled tenant rents and to promote innovative landlording, I offer another fictional story: Robert Newhart is a growing fan of the collaborative economy, so naturally he was attracted to a holistic housing offering that includes a car! Newhart’s work day starts at […]

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Rental Properties

My Favorite Way to Get an Apartment Filled

by Tom Sylvester February 10, 2014
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As a landlord, life is usually good when your units are rented and your customer’s are paying. Now, granted, you may be dealing with other issues, but at least your assets are bringing you in money every month. Life is not so good when you have a vacant unit, or worse, when you have a […]

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Rental Properties

4 Crucial Tips for Dealing with a Crisis as a Landlord

by Paula Pant February 5, 2014
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Murphy’s Law states that whatever can go wrong, will. Murphy must have been a landlord. I just hope he had a plan. Do you have a plan in place for how you’ll deal with emergencies at your rental properties? Imagine that a fire breaks out, or that your rental house gets burglarized, or that the […]

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