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Landlord Tenant

So, How Much is the Rent? A Quick Guide for Determining the Perfect Market Rent

by Paula Pant May 15, 2013

Before I ever bought a property, I thought that my landlords set the rent through some type of irrefutable science. I never questioned how they came up with the numbers. I took it as a given: The sky is blue, the grass is green, and that 3/2 on Irwin Street is $1,550 a month. As [...]

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Landlord Tenant

How to Avoid Landlord Burnout: 5 Actionable Tips

by Paula Pant May 2, 2013

We all know that being a landlord is a 24-hour job. And we also know that — according to Murphy’s Law — anything that can go wrong will, and if a series of events go wrong, they will do so in the worst possible sequence. Wow, do I sound like a pessimist right now? Whoops. [...]

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Landlord Tenant

A Real-Life Property Management Setup

by Ali Boone March 23, 2013

Literally, real-life. I’m giving you the inside scoop as to exactly what I get in terms of property management for my own rental properties. I feel inclined to reemphasize, in case you aren’t familiar with property management, or even if you landlord properties yourself- The fate of your rental property investment lies in the management [...]

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Landlord Tenant

Do You Own the Place? Why You SHOULD Tell Your Tenants About Your Ownership

by Kevin Perk March 11, 2013

I have listened to many real estate seminars over the years where the speaker has touted the benefits of anonymity. We were told that you should never tell your tenants that you own the property. Instead, we were told to tell tenants that you work for a group of investors/owners. This would provide you with [...]

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Landlord Tenant

Are Your a Real Estate Pioneer? How to Be a Section 8 Landlord

by Ankit Duggal March 4, 2013

Do you consider your self a Real Estate pioneer? Pioneers are usually among the first to explore a new or unknown area. Real Estate pioneers are alive and well in Urban Landlord investing; I consider myself a real estate pioneer… do you? Urban landlord investing is the wild west that combines elements of crime, drugs, [...]

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Landlord Tenant

Should I Ban Smoking In My Rental Properties?

by Kevin Perk March 4, 2013

I am thinking of adding a “no smoking” clause to my lease. Do not get me wrong, I am not trying to be a nanny and say you should not smoke, quite the contrary. I firmly believe that if you want to smoke you should be able to. So why would I want to ban [...]

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Landlord Tenant

The True Importance of a Security Deposit

by Ali Boone March 2, 2013

Yes, you are welcome to call me Captain Obvious on this one. While I feel like this notion is extremely apparent, it actually wasn’t to me until recently. Therefore, I think it is worth addressing. In my case over the years, I have moved in numerous places where I pay “x” amount of a security [...]

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Landlord Tenant

Take Control Your Future by Goal Setting

by Brenton Hayden February 22, 2013

Tony Robbins once said, “Setting goals is the first step in turning the invisible into the visible.” In the property management business, the invisible things can overwhelm you. If you are a small investor who manages a few properties yourself, you have an idea of what I’m talking about. But multiply the unexpected problems you [...]

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Landlord Tenant

Evictions – Can You Do Them Yourself?

by Kevin Perk February 11, 2013

Evictions are one of the least fun parts of being a landlord. They can be very costly, time consuming and stressful. Most probably think that you have to hire an attorney to represent you to conduct a successful eviction. But do you? I have represented myself and used an attorney, either way you usually have [...]

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Landlord Tenant

Lease Options as a Tool to Rock Out Your Rental Properties

by Ali Boone February 9, 2013

Money. We buy rental properties because we want money, right? I do at least. I don’t know what you buy them for. If I want money, what has to not happen in a rental property? Vacancy and repairs. Vacancy is avoided if you happen to get that lifelong tenant (of which I’ve yet to find). [...]

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Landlord Tenant

How to Get a Co-Signer to Make Your Lease Worth a Lot More

by Mark Purtell February 9, 2013

All landlords hate vacancies, but they should never compromise their revenue stream at the chance of renting to tenants with marginal, or not existent, credit history. I would rather have a vacancy than take a shot on a guy like Lloyd Christmas: Often you will get tenants, such as students or young adults, who are [...]

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Landlord Tenant

The Iceman Is Back: Dealing with the Cold and Snow as a Landlord

by Brenton Hayden February 2, 2013

“What if?” Those two words keep many landlords awake at night. The longer they manage their own property and the more properties they manage, the more nights they ask themselves, “What If?” What if someone slips on the icy sidewalk adjoining your property and decides to sue when they learn it’s a rental? Your lease [...]

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Landlord Tenant

Tenant Screening: The Ultimate Guide

by Brandon Turner January 27, 2013

Have you heard the story about the tenant who deliberately threw maggots down the stairs to the tenant below? Or how about the tenant who moved in 15 children into a 800 Sq Ft house? These stories are not made up for entertainment – they are true stories taken from actual BiggerPockets members and are [...]

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Landlord Tenant

Professional Property Management: Why Use Them and How to Empower Them?

by Brenton Hayden January 26, 2013

Are you getting your money’s worth out of your property management company? I’m always surprised by the number of investor/landlords who don’t take full advantage of the services, resources and skills that their property management company bring to the table. Wise investors seek to empower their property managers by making their job easier, and therefore [...]

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Landlord Tenant

Property Management Quality and Your Bottom Line.

by Brenton Hayden January 16, 2013

Discussing investment opportunities on CNBC last February, Berkshire Hathaway’s Warren Buffet said, “If I had a way of buying a couple hundred thousand single-family homes and had a way of managing— but the management is enormous. It’s really the problem because they’re one by one. They’re not like apartment houses.” If the Oracle of Omaha [...]

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