The Neighborly Investor

My Efforts at Landlording and Niche Marketing on the Web

Browsing Posts published in 2010

Lawn Service

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Who does the lawn service on a SFH is often used as a marketing tool by landlords. Landlords either offer a price reduction for tenants that do their own lawn service, or it is advertised as a “free” service listed with the other amenities, like “all utilities included in rent”. I have found that it [...]

New Website Up

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This took much longer than anticipated to setup. I like WordPress for now, but open source does present some challenges. While developing the new website, the phase that took me the longest to accomplish was going through and evaluating/testing the plugins I eventually chose to run on the website. Support is very uneven, as many [...]

While doing a recent exit walk through of my parent’s SFH rental, I noticed that: 1. the tenant had subscribed to a satellite TV service and left the dish over the garage and coaxial cable running on the outside of the house with holes punched through a number of exterior walls. The tenant contended that [...]

Things often seem to take longer than anticipated. I have been working on a new photo website of Oahu outdoor activities (mentioned briefly in my last post) off and on for the past 3 weeks. Besides trying to configure a new WordPress theme (Atahualpa), I am having allot of problems getting separate geotag and photo [...]

While pursuing REI, a niche e-commerce site, or any other endeavor, it is important to seek ways to maximize your effort. Hard work is necessary, but why work harder than necessary? Robert Kiyosaki in his Rich Day series of books talks about using other people’s money and other people’s time to increase your effectiveness. Using [...]

One of the most important things I have learned being a landlord is that you must be familiar with all laws and rules (Federal laws, State laws/rules, and local ordinances) that deal with a rental operation. In my location for example, at the State level there is the landlord-tenant code, at the federal level there [...]

Part of my real estate investment strategy going forward was taken from the “Rich Dad Poor Dad” series of books, namely to trade your green houses or single family type properties for larger multi-family type properties. You benefit from efficiencies of scale and financing would depend on the performance of the building instead of your [...]

Neighbors

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What makes a good tenant? For most, the ability to pay the rent is probably number one. What about being a good neighbor?  Could their neighborly (mis)conduct be a problem for you if you don’t live with them?   Just one day after my sister vacated one of the family condos, an unfamiliar car was parked [...]