renter

Real Estate

Landlords: Don’t Get Axed By Your Tenants

by Brendan O'Brien | January 16, 2009

A couple of weeks ago, newspapers in my part of the world were buzzing with the news of a local landlord who had allegedly been attacked by his hatchet-wielding tenant. The landlord, Edward Berthiaume, occupied one unit of his multifamily home, and the tenant, William Skarbinski, occupied the other.  At 1 a.m. on January 7th, [...]

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Commentary

The Most In-Depth Case Study-Part Quatro

by Jason Hanson | December 31, 2008

I hope everyone had a wonderful Christmas and that tomorrow you have a Happy New Year’s (and that you can remember most of it). If you haven’t done so yet, make your 2009 goals. Then break them down into monthly, weekly and daily goals. And…..don’t ever go to bed at night if you haven’t made [...]

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Landlord Tenant

Questions to Ask a Property Manager: Part 3 of 3

by Brendan O'Brien | December 27, 2008

Here is the third and last installment of “Questions to Ask Your Property Manager.” I am providing answers to some of the questions. However, in some cases, there is no one “right” answer. Actually, this was illustrated by the last installment, published three weeks ago. I had suggested that it is better for property managers [...]

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Landlord Tenant

Double the Tenants, Same Rent

by Brendan O'Brien | November 9, 2008

Boy, it would be great if the financial crisis and general economic slowdown meant I saw more qualified tenants to rent my apartments. The theory is that increased foreclosures and tighter credit will result in more people looking for apartments. The problem with this theory, at least in my little corner of New Hampshire, is [...]

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Landlord Tenant

By Request, Here are my Tenant Rules!

by Brendan O'Brien | October 4, 2008

Some readers did ask for my rules.  Your rules have to depend on your properties.   For example, there’s no point posting rules for using the pool if your property doesn’t have a pool.  Also, it’s up to you to determine what are appropriate fines.  Just remember to charge more for more serious items.  And, it’s [...]

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Landlord Tenant

Top 3 Tips for Qualifying Your Renter / Tenant

by Troy Schuricht | October 3, 2008

What Make A Good Renter? Is a good renter someone with great credit, or large deposit or maybe  high income?  The approach landlords take in qualifying their renter could be changing because of the housing crisis and the large number of foreclosures. The main objective of renting your home should be to have a qualified renter that will [...]

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Financing Real Estate

Real Estate Investing? Be Patient!

by Troy Schuricht | May 15, 2008

I talk to hundreds of investors every month and there are some thoughts I would like to share with you on my experiences with investors, particularly first time investors. The question I hear the most for our investors is, How do I to get ready to start investing? The answer for me is two parts. [...]

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Commercial Real Estate

Apartment Buildings Verse Single Family Homes — An Investment Property Comparison

by Ted Karsch | April 22, 2008

A lot of the investors that I work with have some experience investing in single family homes but they want to know more about some of the advantages and disadvantages of investing in apartment buildings. The following lists are not meant to be exhaustive lists detailing every single advantage and disadvantage of investing apartment building [...]

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Landlord Tenant

Landlords: What to do When Your Rental Property is Used as a Meth Lab

by Jim Watkins | March 6, 2008

In the winter of 2003, I was out driving by properties that I was managing in Minnesota, checking to make sure the tenants were maintaining the exteriors. One of the properties was a four-plex building and the day I drove by was the trash pick up day. Ordinarily, there is nothing noteworthy about trash bags [...]

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Landlord Tenant

Managing Tenants Part Three: Written Criteria for Tenant Selection

by Connie Brzowski | February 9, 2008

Success as a [tag]landlord[/tag] depends on screening tenants-weeding out the Naughty and renting to the Nice. Awareness of (and compliance with the Fair Housing Act is not only necessary, but essential to success for any [tag]rental[/tag] business. Adopting a set of written criteria for tenant selection is one of the best (and easiest) ways to [...]

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Landlord Tenant

Avoiding Landlord Stereotypes

by Connie Brzowski | December 13, 2007

Simon Lagree Had it All Wrong Without doubt, being a landlord requires a certain mindset. Before actually owning rent houses, I was certain I didn’t want to participate based on our first experience as tenants. Right after the wedding, the mister and I moved into a lovely little duplex on the edge of town. We [...]

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Commentary

Good Landlords vs. Bad Tenants? Let the Lawsuits Begin!

by Bea Chenowitz | December 15, 2006

An article in the Sunday issue of the New York Times (“A House Divided:  Uncivil War on E. 73rd Street,” December 10, 2006) describes a dispute between a landlord and an unhappy tenant in a tony Upper East Side brownstone of New York City.  A battle like that is always a case of someone’s word [...]

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Landlord Tenant

Keeping Your Tenants Happy During the Holidays

by Joshua Dorkin | December 15, 2006

Looking to send your tenants a signal that you’re partially human? With the holiday season in full effect, now is a perfect time to get into your renter’s good graces. Here are a few ideas to let your tenants know that you’re not so bad this holiday season: Send out Season’s Greetings Cards The cost [...]

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Landlord Tenant

Landlording Tip: Screen Your Tenants

by Joshua Dorkin | November 21, 2006

I realize that this is a very basic tenet, but when times are rough, we don’t always follow it. The reason we screen tenants is to ensure that we, as landlords, will be paid, and that our property will not be damaged or destroyed. What happens when the market is slow and you can’t find [...]

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