Spotting Bad Tenants Before They Take You For A Ride

Spotting bad tenants before they take you for a ride.

 

Your job as a landlord is to find the best tenant you can.  

 

For tenants with bad credit, their job is to find a landlord who is in a hurry to rent their home and who doesn’t follow procedures.  

Continue reading

Advantage Of Owning Rental Homes

Tenants That Do Not Pay On Time – How Do You Deal With Them?

tenants that do not pay on time

 

Tenants That Do Not Pay On Time

 

Every landlord gets stuck with at least one tenant that does not pay on time.  Tenants that do not pay on time need to be dealt with consistently so that they know you mean business.

Continue reading

Landlords, Who Is Running Your Business? You Or Your Tenants?

Do you have a tenant that is driving you crazy and who is running your business for you?

 

Almost every landlord has one tenant whose sole goal in life is to torment you until you give in and do what he or she wants you to do.

Continue reading

Landlord Tip: Dealing With Tenants That Can’t Pay Rent – Video

 

Dealing with tenants that can’t pay their rent is part of the job of being a landlord.  Be firm, consistent and don’t alter your policies to meet their inability to pay rent on time.

Potential Tenant Has Terrible Credit! One Landlord Horror Story

potential tenant has terrible credit

Potential Tenant Has Terrible Credit


A potential tenant has terrible credit, but you won’t know unless you actually run the credit of every person that applies to rent your home.   This person will do everything in his power to get you to rent to him without running his credit!

As a landlord, I cannot emphasis enough how important it is to run the credit of every single person that applies for one of your rentals because it will help you identify the tenant that has terrible credit.  Think of it as like playing Russian Roulette if you don’t run credit checks.

 

Many potential tenants that you talk to will have bad credit but every so often one will be the worst you have seen to date.  The key is to find a tenant with credit challenges that you can live with.

Continue reading

Being A Landlord Is Not For The Faint Of Heart


being a landlord

Being a Landlord is Not for the Faint of Heart

Being a landlord can be fun, exciting, scary and stressful all at the same time!  Are you brave enough to be a landlord?  We have talked about this before.  Being a landlord can be very challenging and is not for the faint of heart. 

 

First, you have to be skilled enough and in some cases lucky enough, to be in the right place at the right time in order to get a good deal on property.

Continue reading

Rent Your Rental Home Using An Open House

Did you know you can rent your rental home using an open house?

Your rental home is ready to show, so what is the best and most time efficient manner to show your home to screened tenants?  Quickly and efficiently rent your rental home using an open house. 

 

An open house is a great idea for a home that has a lot of interest.  Occasionally we have a house that the phones just ring off the hook for and scheduling that many appointments would be impossible. This is the perfect scenario to use to rent your rental home using an open house.

Continue reading

Should You Allow Pets In Your Rental Properties?

 

pets in your rental properties

 

Should you allow pets in your rental properties?  Let’s take a minute and talk about what can happen if you do because you need rules and policies in place. Allowing pets in your rental properties opens up your pool of renters but also increases your headaches!

 

Early one bright and sunny Tuesday morning, one of your tenants calls into the office with a maintenance issue. The kitchen faucet is leaking, could you send someone out right away to fix it. 

 


The tenant won’t be home and Fluffy, his small dog, (which is on the lease) will be locked in a crate in the bedroom, so just come on in.
You happen to have a maintenance person in the area who has time to run by to take a look at the problem. 

 

[ctt template=”11″ link=”E229D” via=”no” ]I know many landlords that don’t allow pets and I know for a fact that the tenant usually just hides the pet. [/ctt]

 

pets in your rental property

 

BIG AGGRESSIVE DOG

The next thing you know, your maintenance person calls you.  He angry because a large dog came out of nowhere, chased him out of the house and almost bit him!  

Continue reading

Why Invest In Real Estate

 

“In the real estate business, you learn more about people, and you learn more about community issues, you learn more about life, you learn more about the impact of government, probably than any other profession that I know of.” — Johnny Isakson, U.S. senator

 

“Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.” — Armstrong Williams, entrepreneur