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Rental Properties

Rental Properties

Property Manager Marketing: Can You Relate?

by Drew Sygit August 27, 2014
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Way back in Part I of this short series, we mentioned that part of property management marketing was the ability to create an implement marketing materials that moved customers along each of the stages laid out in Part II. For review, those stages were: Face in the Crowd Lead Prospect Client Fan And in each stage, there was […]

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Rental Properties

4 Questions Every New Vacation Home Investor Should Ask Themselves Prior to Purchasing A Property

by Trey Duling August 25, 2014
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Often times I have vacation home owners come into my office, and explain to me that their vacation home is causing their family to have financial hardship. Often times these investors were sold a bill of goods at a trade show or by a realtor looking to make a quick commission check. Sometimes these realtors […]

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Rental Properties

4 Simple Tips to Find the Right Short Term Property Manager

by Trey Duling August 18, 2014
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Running a short-term rental program for your vacation home or condo can be challenging on your own. Hiring a property manager can have many benefits, but the first step is finding the right person to hire. Take a look at these 4 simple tips to help you find the right person for the job. 1) […]

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Rental Properties

Property Manager Marketing: The Perfect Client

by Drew Sygit August 13, 2014
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Property managers spend a lot of time marketing — but they spend most of that time marketing their existing properties to potential tenants. Quite often, marketing their services to property owners is a bit less mission-critical, so it gets overlooked. This short series on property manager marketing is intended to help property managers out there […]

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Rental Properties

The 4 Reasons a Higher HOA Fee is Good for Your Vacation Home Community

by Trey Duling August 11, 2014
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It makes sense that buyers are always looking for the least expensive way to buy and operate a vacation home; after all, to make a vacation home profitable you have to run it like a business by keeping cost in line and working to maximize your revenue. The 4 Reasons a Higher HOA Fee is […]

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Rental Properties

23 Totally Awesome Life Hacks for Landlords (To Save You Time, Stress, and Money!)

by Brandon Turner August 9, 2014
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Everyone loves a good “life hack,” right? Well, let’s first get on the same page about what a life hack is, for those born before 1985. A life hack is simply a tip, technique, or strategy designed to simplify or manage your time and resources more effectively. Life hacks can be found all across the […]

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Rental Properties

Excerpts From Our Best Lease Clauses

by Drew Sygit August 6, 2014
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We’ve inherited a lot of leases over the years when taking over the management of properties from stressed out Do-It-Yourselfers and competitors. Most of them were…OK…but a surprising number had at least one issue that stood out to us as a red flag: something that could potentially cause serious trouble, either legally or financially, down […]

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Rental Properties

A Slow, Boring, Incredibly Awesome Strategy for Building Wealth Through Passive Real Estate Investing

by Brandon Turner August 2, 2014
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I want to apologize. You see, BiggerPockets has a LOT of information. Like, more than you could ever hope to read in your lifetime, and that’s growing every day.  Now, while that seems like a great thing (and it is) it does have a negative: shiny object syndrome.  And I’m part of the problem, with my […]

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Rental Properties

How to Be Reasonable As a Landlord With Apartment Wear and Tear and Security Deposits

by Drew Sygit July 30, 2014
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How do you go about determining what damage a tenant was responsible for after they move out? There is always damage — that’s not a question. But it can be surprisingly difficult to determine, for example, whether water damage to a windowsill was caused by a spill that was left untended or by natural condensation […]

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Rental Properties

5 Reasons Your Rental Property Is Not Cash Flowing

by Kevin Perk July 28, 2014
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I have said it before and I will say it again, positive cash flow is the most important thing to a buy and hold investor. Without positive cash flow, your time as an active real estate investor will be limited. So why is your property not cash flowing? Here are 5 Thoughts On Why You’re […]

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Rental Properties

The 8 Things I Want Every Tenant to Know

by Kevin Perk July 21, 2014
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Tenants come with differing backgrounds and life experiences. Some have been renters for years and know the drill. For others, it may be the first time away from mom and dad and out on their own. No matter what their renting experience may be, here are some things that I want every tenant to know. […]

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Rental Properties

How to Buy a Duplex: The Ultimate Step by Step Guide

by Brandon Turner July 19, 2014
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This morning I received a Skype video message from my little brother Chris. He asked, “I want to buy a duplex, what is the first step? Do I get a real estate agent? Get pre-approved? What should I do?” Of course, I gave him a few resources to read that I had previously written, like How […]

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Rental Properties

When Going “Green” Counts: 7 Ways to Save Money on Your Rentals Through Water Conservation

by Drew Sygit July 9, 2014
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Many landlords pay the water bills for their tenants, which means most landlords really like it when their tenants don’t use a lot of water. That puts them in the rare position of being right in line with the green crowd who wants to save the Earth. The problem, naturally, is getting them to actually […]

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Rental Properties

How to Keep Your Tenants from ‘Breaking Bad’ in Your Properties

by Drew Sygit July 2, 2014
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One of the most popular shows on TV ended last September — Breaking Bad, a show about a teacher who gets into such dire financial trouble that he resorts to cooking meth for cash. While a lot of people were sad to see the show end, those of us who rent out property in less-than-sterling […]

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Rental Properties

12 Things I HATE About Landlording (with Gifs!)

by Brandon Turner June 28, 2014
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I was cruising around the BiggerPockets Forums today and I stumbled upon a thread started by Karen M. titled “Tell Me What You Hate About Landlording.” I thought it was a fascinating discussion – to see what some people consider the worst or best parts about Landlording. After all, we landlords tend to get into […]

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