Landlord Tenant

Landlord Tenant

So You Want to be a Landlord? Really?

by Richard Warren | February 6, 2012

Several days ago I read a great post by Michigan landlord, Dennis Fassett, in the Biggerpockets blog section (article). It would have been hysterical if only it wasn’t so true. He discussed what he called The Boyfriend Disorder. He wrote about what happens when a prospective tenant shows up to view a property and has [...]

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Landlord Tenant

Self-Help Evictions: What You Should NEVER Do as a Landlord

by Peter Giardini | December 4, 2011
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Now, I have to admit that there have been several times where having the ability to “help” myself to an eviction, especially while using a forklift, might have crossed my mind, but better judgement seemed to always prevail. The first question that should be crossing your mind is: “Is this even possible”? The short answer [...]

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Landlord Tenant

Fall of a Property Manager: The Rest of the Story

by Richard Warren | November 7, 2011
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As a real estate investor and landlord you need to have a strong and trustworthy team in order to have a strong and vibrant business. Operating as a one-man-band is fine at first and a majority of successful people probably started just that way. However, trying to manage all aspects of your business while taking [...]

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Landlord Tenant

Ten Tips for Selling a Tenant Occupied House

by Sharon Vornholt | October 3, 2011
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Whether you are a seasoned landlord that has seen it all or a landlord that has one house and a great tenant, there will probably come a time when you want to sell a tenant occupied house.  You may be thinking it’s not going to be a problem.  Selling any home in this market can [...]

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Landlord Tenant

Using Your Rental Property Neighbors to Protect Your Interests

by Jason Hanson | August 21, 2011

Not too long ago I was looking at a property in a neighborhood that I wasn’t very familiar with. The numbers on the house seemed decent, but the neighborhood itself looked marginal at first glance. So, as soon as I finished meeting with the seller and checking out the house, I went around to all [...]

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Landlord Tenant

How to Use The Pay Rent or Quit Notice when the Rent is Late

by Jason Hanson | August 14, 2011
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I recently got an email from a newer investor I was helping out. He’d already done several deals and was very successful despite being in the real estate business for such a short period of time. However, he now had a tenant in one of his rental properties who was not paying rent, and since [...]

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Landlord Tenant

How to Survive Termite Problems in a Rental Property

by Jason Hanson | July 24, 2011
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I have a very easy and simple solution to dealing with properties that have termites: Don’t buy them. You think I’m kidding but I’m not. I come across far too many (new) investors who wanted their first deal so badly they didn’t’ get an inspection or they were too cheap to actually get a good [...]

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Landlord Tenant

6 Suggestions on How to Avoid Being Dominated by Your Tenants

by Peter Giardini | July 23, 2011

If I’ve said it once, I’ave said it a million times… the key to being a successful (read profitable) landlord is to select quality tenants and train them to be even better tenants.  If you mess up in either department your life is going to be miserable and your profits are going to suffer.  Guaranteed! [...]

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Landlord Tenant

My Leaky AC Unit and How It Got Fixed

by Jason Hanson | July 17, 2011
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I got a call from my tenant Sandy earlier this week. She lives in one of my townhouses and she told me that the air conditioner was leaking, and that water was coming through the ceiling into the kitchen. Obviously, this is a problem, and needed to be fixed immediately. So what did I do [...]

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Landlord Tenant

Landlords: Are You Protected When You Enter Your Rental Properties?

by Peter Giardini | July 15, 2011
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“LANDLORD ACCUSED OF ATTEMPTED RAPE” This was a recent headline in a local paper here in Maine.  It got my attention for several reasons and got me to thinking about how vulnerable landlords (property managers included) are when entering your rentals properties. To be sure… this landlord has huge problems, as he was in the tenants bedroom, [...]

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Landlord Tenant

Three Alternative Marketing Techniques for Leasing Your Property

by Ken Corsini | June 15, 2011
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If you’re like me, you may prefer to find tenants without the use of a property manager or real estate agent.  Over the years I have found that it’s really not that difficult to locate good tenants if you put a little bit of effort into it. Most landlords know the two basic methods for [...]

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Landlord Tenant

9 Standards to Help Landlords Approve or Reject Tenants

by Peter Giardini | June 10, 2011
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I was having breakfast this morning with a client and the subject of selecting and approving tenants came up.  Our discussion first focused on the need for written standards to be used when approving tenants to ensure that you either approve or decline tenants in a uniform and consistent manner and then of course what those [...]

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Landlord Tenant

8 Tips For Screening Out Professional Tenants: Your Worst Nightmare!

by Peter Giardini | June 2, 2011
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A couple of weeks ago I wrote an article here on the BiggerPockets Blog entitled Landlords… How To Proceed When The Rent is Late! While the article had some good insight regarding actions you should be taking to protect both your rent and property when the rent is late, one of the comments to that [...]

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Landlord Tenant

Landlords: How to Proceed when The Rent is Late?

by Peter Giardini | May 20, 2011
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Hmmm… you are probably wondering… what is this a trick question?  Well, that could be a correct assumption if your only action is to post a “notice to quit” and head to court.  But is that the only action you should be taking when the rent is late? Not a chance! Based on my experiences, once [...]

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Landlord Tenant

Riches in Niches: A Real Life Landlord Success Story!

by Peter Giardini | April 28, 2011
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Back in March of this year I wrote an article entitled, Riches In Niches: A Guide To Greater Rental Property Cashflow.   The focus of this article was to encourage you as a landlord to explore specific market and tenant niches as ways to maximize the positive cashflow on your rentals.  The key for many landlords, is [...]

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