lease

Landlord Tenant

Finding Quality Tenants: Winning Through Intimidation

by Jason Hanson | March 6, 2011
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One of the best business books ever written is Winning Through Intimidation by Robert Ringer. If you want to become a successful investor, buy the book. You see, far too many people don’t want to make others feel uncomfortable and are often too nice. In most aspects of your business this won’t hurt you too [...]

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Real Estate Investing

Finding Fair Market Rents & Vacancy Rates: Boots, Clipboards, And REAL Research

by Jeff Brown | March 1, 2011

I won’t quote something I recently came across, so as not to embarrass anyone. They were surely well meaning. But seriously, some of what I’ve read lately about establishing rents and vacancy rates are, um, wanting at best, and hopelessly misleading at worst. Some of the advice has been off the wall. Here’s something ya [...]

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Landlord Tenant

What to Do When a Tenant Just Leaves Your House

by Jason Hanson | February 27, 2011

Several years ago I was renting one of my townhouses to a couple and a friend of theirs. They’d been with me for about two years and had been dream tenants. I’d never had any problems at all. Then one night I got a call from the woman (who was part of the couple) saying [...]

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Landlord Tenant

Moving Your Tenants Out: A Security Deposit Mistake to Avoid

by Jason Hanson | February 20, 2011
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I just got a 30-day move out notice from some of my tenants in Baltimore, MD. They’ve been with me for over five years and I hate to see them go, but unfortunately I couldn’t get them to stay. So when I received their 30-day notice in the mail (as per requirements of my lease) [...]

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Commentary

Ten Reasons Why I Don’t Need Property Managers

by Steve Dexter | November 4, 2010

So you have a property in a distant city, you want to rent it out, but you don’t want to pay a property manager an arm and a leg. Are you at the mercy of a stranger who may over charge you on their monthly fee, on costly repairs that are all too frequent, and [...]

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Landlord Tenant

The Plight of an Accidental Landlord: Tips & Advice

by Peter Giardini | October 28, 2010
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If you hang out on the BiggerPockets forums you know that at least once a week a brand new landlord… mostly a person who was forced into the landlord role just to cover the mortgage on an investment that went wrong, will make a post… actually it is more of a plea asking for help [...]

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Landlord Tenant

Ten Realizations from my First Year as a Landlord

by Steve L. | October 8, 2010

I rented my first property in September of 2009.  Over the last 12 months I rented over 20 more as an owner/landlord.  These opinions might be a bit skewed as my sample size is only about 25 units and most of our tenants are interested in entry level single family housing. Here are 10 realizations [...]

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Landlord Tenant

5 Strategies To Get Early And On-Time Rent Payments

by Shae Bynes | October 7, 2010
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A common problem for landlords is collecting on-time rent payments.  Personally, I don’t mind late payments because I enjoy making the extra $50-100 per month but generally speaking you want to ensure timely payments if you can.  A couple weeks ago I had lunch with a friend and she shared some of the strategies that [...]

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Landlord Tenant

The New Landlord Checklist

by J Scott | October 6, 2010
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After years of doing rehabs, I’ve just purchased my first long-term rental property and put it on the market a few days ago… In preparation, I’ve spent a tremendous amount of time over the past couple weeks getting organized and preparing to be a landlord. I knew that when the day came, there would be [...]

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Landlord Tenant

Tenants: Customers or Scum?

by Peter Giardini | October 1, 2010

A couple of weeks ago there was a posting on the Bigger Pockets forum where the poster described their tenants as SCUM… (don’t go looking for that discussion, it has already been removed from the system).  While the poster did get enough thoughtful responses to address their question, the dialog quickly deteriorated into insults regarding [...]

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Landlord Tenant

The Professional vs. the Unprofessional Landlord

by Jason Hanson | September 13, 2010
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Part of being a real estate investor means that every time one of your friends or family has a real estate question they always come to you. And of course, since its friends or family that means you’re never making any money off of them and they think they can abuse your time. I’m sure [...]

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Real Estate Law

The Impact of Rent Control on Landlords: A Commentary

by Florence Foote | May 25, 2010
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“We’re From The Government, and We’re Here To Help” These words, famously cited by Ronald Regan, can move many a real estate investor to tears. And not without justification. Many government schemes to “help” the – purportedly – underprivileged, backfire. No better example exists than rent control ordinances, which generally end up destroying the stock [...]

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Landlord Tenant

Landlords: This Is One of The Many Benefits of Treating Your Tenants Like Gold…

by Jason Hanson | August 5, 2009

I ask two things of my tenants: to pay the rent on time and to treat the house with care. Before they move into a property I let them know the importance I place on these two things. I tell them that my “supervisors” are very strict and will evict people in a heartbeat who don’t pay their rent.

I even make tenants sign an additional document besides the lease, called “Company Payment Policy”. This one-page document states in plain writing that my company has ZERO-TOLERANCE for non-payment of rent. I’ve never had a problem getting anyone to sign this, and obviously if someone refused, that’s not the type of person you would want in your property anyway.

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Commercial Real Estate

Commercial Tenants in the Driver’s Seat

by Brendan O'Brien | July 18, 2009

Nine years ago, my employer (a software company in Burlington, Mass.) was nearing the end of the 10-year lease term for its headquarters building.  This was just about the time that the software industry was beginning to decline, for two reasons: all of the Y2K bugs had been resolved, and investor money was no longer [...]

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Real Estate Investing

How I Made $3,500 in 22 Days With an Extra $100 Per Month!

by Jason Hanson | May 6, 2009

Image by elvisripley via Flickr Today you’re going to learn about my latest lease option deal that I just filled. This is similar to another deal I just did and I can’t remember if I wrote about that deal or not. I’m having deja vu but can’t remember. I don’t remember a lot which is [...]

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