What To Do When Your Rental Property Burns Down If you are lucky, you will never have to figure out what to do when your rental property burns down. It is one of the worst things that can happen to a property you own.
Smelly Investment Homes Smelly investment homes are as common as bad tenants when you are a landlord. I am not talking about the more normal damp or musty smell that often accompanies a vacant home. These smells can be gotten rid of pretty easily just by airing out the home or using great smelling cleaning …
Two Drop Dead Easy Ways To Collect Rent Online Do you collect rent online to make it easier for your tenants to pay every month? Collecting rent on time from every single tenant every month is the goal of all landlords and property managers on the planet.
Do you send out 7 day letters consistently? I am writing this on the 6th day of the month, but it doesn’t matter what the date is. My 7 day letters have been sent out to all delinquent tenants. My question to you is, have you sent out your 7 day letters to tenants who …
Should real estate investors use a home inspection as a buying tool? Buying property to renovate and rent is one of the most important things you do as an investor. A rental home located in a good area can earn you a lot of money.
Move In Inspection A move in inspection should be done with every single new tenant. Renting a vacant home can be a very stressful experience for most landlords.
Get The Good Faith Deposit A good faith deposit may be the last thing on your mind when you have a vacant home. Why? Because having a vacant rental property can be very scary. It can be exciting when you get someone who says “I want the house”. You may think you can breathe …
Fine Tuning Your Pre-Screening Process Case Study Pre-screening Is Not Easy For Everyone Pre-screening tenant is something that I talk about a lot. I have been training a new person in the office and this always seems to be the hardest thing to train. However, this lady is brilliant! She was talking …
Property Taxes And Your Rental Property If you are a landlord, I can probably accurately say that when you bought your first rental property, you didn’t give a lot of thought to property taxes.