landlord

Real Estate Investing

Why The Real Estate Guru’s Don’t Want Me Talking

by Jason Hanson | January 15, 2012
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I was recently contacted by a well-known real estate guru whose name you would instantly recognize. I’d never spoken with him before but apparently he got my phone number from a mutual friend. This guru told me he had a big project in development and wanted me to be part of it. But first, he [...]

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Real Estate Investing

5 Absolute Rules For Being a Great Landlord

by Chris Clothier | January 11, 2012
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When I started buying real estate in the early 2000’s, I knew absolutely nothing about being a landlord.  I had no idea about local laws or local codes and even less about actually being a good and responsible landlord.  What I had done, and this is where the danger started, was read half of a [...]

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Real Estate Investing

Why You Need to Check on Your Rental Properties

by Jason Hanson | January 8, 2012

I just read about a couple in South Carolina who had a rental property up for sale. One day, they received a call from one of their neighbors that it appeared someone was inside the property. Nobody was supposed to be in the house at the time so the couple headed over to their place [...]

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Real Estate Investing

Importance of Rental Property Maintenance

by Richard Warren | January 2, 2012
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I remember the auto parts commercial stating that you could prevent a costly engine replacement by simply changing the oil and filter on a regular basis. The tagline was “You can pay me now, or you can pay me later.” That certainly applies to real estate. Performing preventative maintenance on a regular basis can help [...]

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Real Estate Investing

Mistakes and Lessons Learned; The School of Hard Knocks

by Sharon Vornholt | January 2, 2012

I was talking with someone last week that was a brand new real estate investor. By brand new I mean she and her husband had only been investing a few months. After reading a lot of books, joining their local REIA and talking with a few folks in the business, they bought a package of [...]

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Economy

Rental Outlook 2012: The Good Times Roll on

by Steve Cook | December 28, 2011
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The stars are aligned to make 2012 an extraordinary year for rental income.  The decline in homeownership is translating into rising rents and the multifamily apartment sector, though booming today, was late catching the wave.  If it weren’t for the new investor-driven single family rentals in many markets, rents would be zooming even higher than [...]

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Real Estate Investing

How To Train A Property Management Company

by Chris Clothier | December 22, 2011
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This past weekend I was digging through old DVD’s and “thinning” the big stack of movies we have and I came across a video I ordered online a few years back.  It was a DVD on “How To Train Your New Dog At Home”.  It was a slow Saturday and I suddenly found myself on the couch with [...]

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Commercial Real Estate

“Mini-Model” Leasing Strategy will fill Vacancies Fast in Multi-Family Apartment Buildings for Under $200

by Spencer Cullor | December 10, 2011
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Most potential tenants make their decision to lease your property within the first 30 seconds of entering the apartment.  It is critical to capture their interest and make a great impression as soon as they enter your building.  You need an effective leasing strategy to help you do this. A “mini-model” apartment is one of [...]

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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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Real Estate Investing

Evicting Your Tenants without Using a Forklift

by Jason Hanson | December 4, 2011
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I recently came across a headline which read, “Man Charged With Attempted Murder in Forklift Attack.” Apparently, the guy was a landlord who had some tenants in a mobile home who weren’t paying rent. He tried to get them to leave the home but they refused. That’s when he drove a forklift into the home [...]

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Real Estate Investing

Tips for Negotiating with Motivated Landlord Sellers

by Jason Hanson | November 27, 2011

If you want to be successful in the real estate business you need to have several niches. These niches include the types of deals you specialize in — whether they be a subject-to, lease option or wholesale. It also includes the types of sellers you target such as pre-foreclosures, landlords, and probates, to name a [...]

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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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Real Estate Investing

Rental Property Inspections: 4 Kinds and Why They Are Important

by Peter Giardini | November 4, 2011

I am always amused by the responses I receive from real estate investors when I ask them when they had last inspected their properties.  It is obvious from their contorted facial expressions that they most likely have never “formally” inspected their properties. While preforming “safe and clean inspections” during a tenancy is important, ensuring that “move-in” [...]

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Real Estate Investing

Investment Property Location: Don’t Dismiss the #1 Rule in Real Estate

by Joey Wang | October 26, 2011
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“Location, location, location!” You understand the importance. It’s the number one rule in Real Estate. Yet when it comes time to choose between a high cash flow property in a less desirable neighborhood versus one with a lower cash return but in a great location, you naturally start questioning the age old adage. Why does [...]

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Real Estate Investing

Landlords: How to Deal with a Negligent Property Manager

by Peter Giardini | October 20, 2011
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I have to admit that the words Property Manager cause my heart to skip a beat or two.  Since the beginning of time, the landlord/property manager relationship has been one of trial and tribulation, punctuated by moments of true cashflow actually getting to the landlord.   For first time landlords who choose to use a property [...]

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