Four Pieces of BAD Advice on Managing Rental Property You Should Forget

Four Pieces of BAD Advice on Managing Rental Property You Should Forget Every once in a while I come across a blog post or an article or even a video that I think misses the mark so badly that I want to reach through the computer at the person who put it out and ask them “what are you thinking”?  Not your usual disagreement or not understanding someone’s point of view, but actually wanting to ask why in the world they give the advice they are giving.  I never do mind you.  I think … [Read more...]

Four Landlording Mistakes You Should Avoid…

Four Landlording Mistakes You Should Avoid…They say the definition of insanity is doing the same function repeatedly hoping for different results. If this is the case, you can call almost every landlord insane!As a landlord, I too tend to commit the same mistakes over and over, despite fully knowing the error I am making. I compiled this list as a lesson to myself, and if it can help others along the way avoid these – then my mistakes have not been in vain! Without further ado:Five … [Read more...]

Buying Real Estate To Hold? – You Need Property Management

Buying Real Estate To  Hold? – You Need Property ManagementYou just purchased your first Real Estate Investment  house!  Congratulations!  Now what?Well, you should already have the plan that you developed when you analyzed the house.  If you are going to try to rent the home to hold it for a certain period of time to ride the market or to lessen your tax burden, then you are going to want to use a Property Management Company.Read the full post here... … [Read more...]

Should Investors Require Renter’s Insurance From Their Tenants?

Should Investors Require Renter’s Insurance From Their Tenants?Renters often believe the landlord is liable for everything that happens on the property–including any damage to their personal belongings. But this is not always the case.More likely, the landlord’s insurance will only cover damage to the building, while an uninsured tenant will have to pay to replace their belongings.Read the full post here... … [Read more...]

How The Economy Is Effecting Landlords & Wholesalers In 2012

How The Economy Is Effecting Landlords & Wholesalers In 2012It’s easy to understand that unemployed people aren’t buying houses, thus depriving demand within the real estate market. However, the entire cycle is far more pervasive, and merits a closer look and how it effects your real estate business.These unemployed people often stop paying their mortgage, their rent, their auto loans, their [...]Read the full post here... … [Read more...]

Apartment Investing – How To Raise Rents

Apartment Investing – How To Raise RentsOne question that every apartment investor will ask themselves at one time or another is, “How to raise rents,” or “How can I raise rents fast?” This is especially true when taking over a new property, or for an investor that has owned a building for a number of years. I am going to put [...]Read the full post here... … [Read more...]

Collecting Monthly Payments

From the last decade of collecting monthly payments from my tenant-buyers I have come to a great generalization; once a tenant or tenant-buyer asks for a repayment plan, more times than not there is a finite-time before the tenant-buyer will stop paying completely and be forced to move away. Follow the tips below to collect all monies due you. Read the full post here... … [Read more...]

Collecting Payments

From the last decade of collecting monthly payments from my tenant-buyers I have come to a great generalization; once a tenant or tenant-buyer asks for a repayment plan, more times than not there is a finite-time before the tenant-buyer will stop paying completely and be forced to move away. Follow the tips below to collect all monies due you.Read the full post here... … [Read more...]

Real Estate Trends In 2011 And Predictions For 2012

Real Estate Trends In 2011 And  Predictions For 2012The Rental BoomWhile easily overstated, there has been something of a rental boom in 2011. Vacancy rates dropped sharply to 5.6% in the third quarter of 2011, the lowest level since 2006. Meanwhile, rents rose to a nationwide average of $1,004 in the third quarter, a rise of 2.4% year.Read the full post here... … [Read more...]

How To Reduce Your Risks And Limit Your Personal Liability As A Landlord

Many residential landlords unknowingly strut around with the words sue me figuratively tattooed on their foreheads in bright fluorescent colors!  They’re considered in legal circles to be high profile targets because they run their rental housing business in a lax, haphazard manner with little or no regard to how they’re perceived by their tenants and [...]How To Reduce Your Risks And Limit Your Personal Liability As A Landlord is a post from: Real Estate Investing Blog For Real … [Read more...]

Use of Lease Option Agreements

 Use of  Lease Option AgreementsA lease option agreement between the landlord and tenant can be an advantageous arrangement for both the landlord and tenant. However, there are pitfalls that you as a landlord need to be mindful of so that the agreement can be drawn to work to your benefit.What is a Lease Option Agreement?The simplest definition of a lease option agreement is the [...]Should Landlords Use Lease Option Agreements is a post from: Real Estate Investing Blog For Real Estate … [Read more...]