7 Smart Tips for Getting the Most Out of a Property Inspection
I really don’t like inspections. Well, I really just don’t like paying for an inspection, where if anything is actually wrong, I am told to “contact a qualified expert.” Whether…
Landlording & Property Management
The ultimate spot for learning how to be a landlord and manage rental properties yourself.
6 Tips to Protect Newbie Landlords Against Bad Tenant Situations
One of the main components of being a successful real estate investor is finding good, qualified renters for your properties. There are few things more frustrating and cash flow draining…
Rent Payment Plans Can Benefit Both Tenant & Landlord: Here’s Why
Our rental agreements are set up as follows: Rent is due on the 1st of the month. Rent is considered late after the 5th of the month, at which point…
Newbies Take Note: You STILL Shouldn’t Buy Houses for $30,000
I wrote an article about 9 months ago titled Newbies Take Note: Why You Shouldn’t Buy Houses for $30,000, in which I advised you NOT to buy cheap houses. The article set…
5 Things a Landlord May Not Want Their Tenants to Know
Every profession has its secrets — things that those in the profession might wish to be kept quiet. Landlording is no different. What are we landlords potentially keeping from out…
Month to Month vs. Annual Leases: Which Protects Landlords?
When renting out property, many landlords want to lock in a new tenant as soon as possible, and they want to lock them in for as long as possible. It…
The Buy ‘n Hold and NEVER Sell Strategy: A Case Study
Last week’s post talked about various strategies that didn’t work as advertised when it comes to real estate investing. Now, to be clear, the “tried and true” strategy of acquiring…
3 Common Mistakes Landlords Make During Lease Signing & Move-In
It’s time for our next look into the mistakes and mess-ups of the property management world! Today, we’re looking at leases and lease signing, as well as the actual moving…
How to Avoid Rental Drama by Being a “Boring” Landlord
When you take a risk (and investing in real estate is intrinsically a risk), you want to try to mitigate your risks as much as possible. In order to mitigate…
The Ultimate Due Diligence Guide for Buy & Hold Properties
Hey All! As you might already be aware, our primary focus is buy-rehab-hold. Many times over the years, deals have looked great on the first walk through, and the numbers…
The Landlord’s Guide to Effective (& Legal) Tenant Screening
The word “discrimination” has gained a bad flavor in American mouths in the past fifty years or so — but stop and think about it. We celebrate it when a…
How to Handle an Untimely Tenant Death as a Landlord
Death is not something any of us likes to think about. Unfortunately, though, none of us are going to get out of here alive. I know this is not the…
4 Foolproof Steps to Painlessly Resolve Tenant Complaints
If you manage properties, there’s one thing that absolutely will happen, no matter how amazing you are at your job: someone somewhere will complain about something. Even the world’s most…
