tenant

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

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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Real Estate Investing

Landlords: How To Make Extra Rental Income with Late Rent Payments

by Jason Hanson | October 9, 2011
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I’m a pretty strict landlord. When I first meet potential tenants I literally tell them not to fill out the application if they don’t plan on paying their rent on time or if they won’t treat the house with care, because my company will evict them in a heartbeat. There have been a few times [...]

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Landlord Tenant

Ten Tips for Selling a Tenant Occupied House

by Sharon Vornholt | October 3, 2011
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Whether you are a seasoned landlord that has seen it all or a landlord that has one house and a great tenant, there will probably come a time when you want to sell a tenant occupied house.  You may be thinking it’s not going to be a problem.  Selling any home in this market can [...]

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Real Estate

Critical Time Management Tips For Landlords and Investors

by Jason Hanson | October 2, 2011
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It never ceases to amaze me how irresponsible, forgetful, or just downright rude people can be. For instance, if you’re a landlord, you know that 50% of people you set appointments with to see a rental property will never show up. Not only will they not show up, but they won’t even call and let [...]

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Landlord Tenant

Using Your Rental Property Neighbors to Protect Your Interests

by Jason Hanson | August 21, 2011

Not too long ago I was looking at a property in a neighborhood that I wasn’t very familiar with. The numbers on the house seemed decent, but the neighborhood itself looked marginal at first glance. So, as soon as I finished meeting with the seller and checking out the house, I went around to all [...]

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Landlord Tenant

How to Use The Pay Rent or Quit Notice when the Rent is Late

by Jason Hanson | August 14, 2011
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I recently got an email from a newer investor I was helping out. He’d already done several deals and was very successful despite being in the real estate business for such a short period of time. However, he now had a tenant in one of his rental properties who was not paying rent, and since [...]

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Real Estate Investing

Getting Clear on Property Management Expectations

by Andrew C. MacDonald | July 26, 2011
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One of the first tasks landlords choose to outsource is property management. This is really the nitty gritty of being a landlord and if you don’t enjoy dealing with tenants or the day to day operation of your property, you might quickly look for some help from a property manager. Often times investors will just [...]

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Landlord Tenant

6 Suggestions on How to Avoid Being Dominated by Your Tenants

by Peter Giardini | July 23, 2011

If I’ve said it once, I’ave said it a million times… the key to being a successful (read profitable) landlord is to select quality tenants and train them to be even better tenants.  If you mess up in either department your life is going to be miserable and your profits are going to suffer.  Guaranteed! [...]

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Real Estate Investing

The 11 Documents to Use When Getting a Tenant for Your Lease Option Deal

by Jason Hanson | July 3, 2011

Last week I gave a very detailed description of all of the documents you need when doing a lease option with a landlord (all 10 of them). This week I am going to cover all of the documents you need when you find a tenant/buyer for your lease option deal. In no particular order, let’s [...]

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Real Estate Investing

Creative Financing For Lease Purchase Tenants

by Ken Corsini | June 29, 2011

Whether or not you actively work with lease purchasers, there will probably come a point in your investing career when one of your tenants will want to buy your property from you. As far as I’m concerned, every investment property that I own is for sale.  If the price is right I will always entertain [...]

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Real Estate Investing

Your In-Depth Lease Option Questions Answered

by Jason Hanson | June 19, 2011
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Last week I wrote a very detailed article on how I personally structure my lease option deals, including how much cash flow I get, how much option money I get from a tenant/buyer, and how much money I try and make when a tenant/buyer finally exercises their option. This week I’m going to answer a [...]

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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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