rental-property

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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Real Estate Investing

3 Steps to Get Your Rental Property to be Rent Ready

by Andrew C. MacDonald | June 13, 2011
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When you first buy a rental property or an existing tenant moves out, you’ll need to get the unit “rent ready” to welcome your next tenant. The first impression of the tenant is important – you want them to know they have a landlord who cares. By getting the property rent ready for each tenant [...]

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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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Real Estate Investing

How To Become A Buy And Hold Real Estate Investor

by Joe Manausa, MBA | February 15, 2011

Today’s post is the third in a series of articles written about the real estate buy and hold investment strategy. After writing The Return of the Real Estate Buy And Hold Strategy and the follow-up Real Estate Buy And Hold Case Study, today’s promised article will be a real-world, actionable piece on implementing the strategy [...]

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Commentary

The Massive Passive Income Problem

by Julie Broad | December 15, 2010
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When I started investing in real estate in 2001 I had two main objectives: get my money working hard for me so I didn’t always have to work hard for my money AND create multiple streams of passive income. Holding rental properties seemed like such a simple way to create passive income. Buy a house, [...]

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Landlord Tenant

How to Hire and Manage a Property Manager for Your Rentals

by Julie Broad | October 13, 2010
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As a long distance landlord there have been far too many days where I felt like the saying “You can’t live with them, but you can’t live without them” is appropriate to our relationships with our property managers. And, I admit, there are still a few times where I am a bit frustrated by a [...]

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Taxes

2010 Small Business Act: You Have Been Drafted by the IRS

by Clint Coons | October 7, 2010
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In the off chance you missed your IRS draft notice I thought I would remind everyone of their new responsibilities. As you know, the United States has run up a huge deficit and spending is no where near under control. In an effort to appear as if steps are being taken to to address the [...]

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Landlord Tenant

What Changes Should You Let Your Tenants Make?

by Jason Hanson | October 2, 2010
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Earlier this week I was reading a funny post on this site where someone was joking about installing a urinal in one of their properties. Obviously, that’s a terrible idea because women will hate (men will love it) and we know who makes the housing decisions in this country. (Or pretty much all the decisions). [...]

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Real Estate Investing

Analyzing a Real Life “Rent & Flip” Deal

by J Scott | September 15, 2010

I picked up a new house last week…I call it “The Haggle House” due to the extensive negotiation it took to convince the bank to sell me this REO… In this post, I want to walk through the analysis I did to determine whether this property would be a good candidate as a mid-term rental [...]

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Landlord Tenant

Fall of a Property Manager – Part I

by Richard Warren | August 9, 2010
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For real estate investors who wish to own property in areas outside of their own town, a key component of their business is a property manager they can rely on. They need someone to handle collecting rents, fill vacancies, make repairs, and be there to do the things an out of town owner can’t. The [...]

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Real Estate Investing

Back to Basics on Buy and Hold

by Julie Broad | August 4, 2010
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This past week was spent catching up with friends we haven’t seen in awhile. When these old friends ask what we’re up to, they aren’t surprised to find out it’s real estate related, given that we began investing in real estate in 2001. While most have heard the stories of our crack house adventures in [...]

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Real Estate Investing

How to Maximize Your Rental Property Appraisal

by Julie Broad | April 9, 2010
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When the document arrived in our inbox my husband Dave and I were giddy with excitement. “What’s your guess?” Dave asked me curiously. “I think $297,900. What do you think?” I replied excitedly. “Well… I hope $305,000, or more, but it will probably be $299,000. Let’s see …. “ The room fell silent as we [...]

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Real Estate Investing

Advice for Aspiring Real Estate Investors

by Stephani Davis | December 3, 2009
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It’s no secret that there’s plenty of money to be made in the real estate investing arena. There is, however, a rather large learning curve to get through before you start cashing those checks. Following are six tips to help your journey through the learning curve be a little less bumpy. Find the Experts in Your [...]

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