Follow Us on Social Media

email icon rss icon linked.in icon google plus icon twitter icon facebook icon

Rental Properties

Rental Properties

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

by Drew Sygit July 30, 2014
Thumbnail image for How to Be Reasonable As a Landlord With Apartment Wear and Tear and Security Deposits

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 […]

3 Read the full article →
Rental Properties

5 Reasons Your Rental Property Is Not Cash Flowing

by Kevin Perk July 28, 2014
Thumbnail image for 5 Reasons Your Rental Property Is Not Cash Flowing

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 […]

6 Read the full article →
Rental Properties

The 8 Things I Want Every Tenant to Know

by Kevin Perk July 21, 2014
Thumbnail image for The 8 Things I Want Every Tenant to Know

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. […]

20 Read the full article →
Rental Properties

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

by Brandon Turner July 19, 2014
Thumbnail image for How to Buy a Duplex: The Ultimate Step by Step Guide

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 […]

16 Read the full article →
Rental Properties

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

by Drew Sygit July 9, 2014
Thumbnail image for When Going “Green” Counts: 7 Ways to Save Money on Your Rentals Through Water Conservation

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 […]

4 Read the full article →
Rental Properties

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

by Drew Sygit July 2, 2014
Thumbnail image for How to Keep Your Tenants from ‘Breaking Bad’ in Your Properties

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 […]

6 Read the full article →
Rental Properties

12 Things I HATE About Landlording (with Gifs!)

by Brandon Turner June 28, 2014
Thumbnail image for 12 Things I HATE About Landlording (with Gifs!)

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 […]

78 Read the full article →
Rental Properties

How to Really Calculate Cash Flow on Your Next Rental Property

by Brandon Turner June 14, 2014
Thumbnail image for How to Really Calculate Cash Flow on Your Next Rental Property

When I was a kid, Duck Tales was one of my favorite TV shows. Each day after school I’d watch the adventures of Huey, Dewey, and Louie as they fought off the Beagle Boys who wanted good ‘ol Scrooge McDuck’s hard earned money. They always managed the thwart the efforts of the villains and save Scrooge’s money […]

35 Read the full article →
General Real Estate

6 Excuses for Managing Your Own Rental Properties

by Ali Boone June 7, 2014
Thumbnail image for 6 Excuses for Managing Your Own Rental Properties

I am a big fan of “to each their own” and you won’t hear me knock someone who prefers to be a landlord versus using a property manager, but for those of you convinced you need to be a landlord for whatever reason or you on the fence about it, hopefully some of these realities […]

80 Read the full article →
Rental Properties

The Professional Tenant – Just How Painful Can Evicting One Tenant Be?

by Drew Sygit June 4, 2014
Thumbnail image for The Professional Tenant – Just How Painful Can Evicting One Tenant Be?

Let’s tell a short story. The Tenant from Hell Imagine a lovely little old lady in her ’70s wants to rent from you. Her application is flawless, her rental history sparkling, and she has a credit score in the 700s. You rent the top floor of a duplex to her, and for a few months, […]

18 Read the full article →
Rental Properties

Should a Landlord Ever Do Their Own Maintenance? [Poll]

by Brandon Turner May 29, 2014
Thumbnail image for Should a Landlord Ever Do Their Own Maintenance? [Poll]

My friend Ben Leybovich likes to give me a hard time because I still tend to do some manual labor with my rental properties. In the past six months, I’ve climbed on several roofs, patched a leak in siding, vacuumed out 3 inches of water from a basement apartment, and even worked on a toilet […]

36 Read the full article →
Rental Properties

The 3 Weirdest Questions My (Prospective) Tenants Have Ever Asked

by Paula Pant May 28, 2014
Thumbnail image for The 3 Weirdest Questions My (Prospective) Tenants Have Ever Asked

I’m prepared to answer normal questions. When I conduct showings of my rental units for prospective tenants, I’m ready to answer questions such as, “What’s the average cost of utilities? How close by is the nearest grocery store or park? How is the crime rate in this area?” Related: 7 Questions You Should Ask Prospective Tenants … […]

23 Read the full article →
Rental Properties

The Holiday Effect: How Memorial Day Can Mean UTTER Tenant Chaos (And How To Avoid It Like The Plague)

by Kevin Perk May 26, 2014
Thumbnail image for The Holiday Effect: How Memorial Day Can Mean UTTER Tenant Chaos (And How To Avoid It Like The Plague)

It’s Memorial Day Weekend, the traditional start of summer. I hope all of you are getting a chance to relax, hang with some friends, enjoy a cookout or get away for a while. I like to enjoy these long weekends as much as the next person, but as a landlord I have also grown to […]

12 Read the full article →
Rental Properties

Powerful Incentives That Will Leave Your Good Tenants Begging To Stay

by Ken Corsini May 23, 2014
Thumbnail image for Powerful Incentives That Will Leave Your Good Tenants Begging To Stay

One of the most important components to a successful rental real estate business is keeping good tenants for as long as you can. It can be challenging to know which incentives are the most effective at getting tenants to stay and renew their lease. It is also important to understand when you should offer these […]

3 Read the full article →
Rental Properties

The Four Pillars Of Tenant Screening

by Eric Drenckhahn May 12, 2014
Thumbnail image for The Four Pillars Of Tenant Screening

There are four pillars to tenant screening, including: Credit score Income Rental History Criminal background. All four are important, but credit score and income are the main ones. Those two are the easiest to uncover and verify. They are also the most objective rather than subjective. Make Housing Affordable: One thing that landlords must understand […]

34 Read the full article →