Landlord Tenant by Jason Hanson | August 5, 2009I 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.
Read the full article → Commercial Real Estate by Brendan O'Brien | July 18, 2009Nine 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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Ten Reasons Why I Don’t Need Property Managers
by Steve Dexter | November 4, 2010So 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 [...]