The Neighborly Investor

My Efforts at Landlording and Niche Marketing on the Web

Browsing Posts published in 2011

I got my first call from the tenant that moved in last month. He reported that he lost all power to his condo unit and wanted me to oversee the repairs. The first thing I thought was that he did not start his electrical service in a timely manner. My standard procedure when a unit [...]

Tenants Leaving

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The tenants I just placed in the condo are now leaving. They called me to say that the principal wage earner is having job difficulties and they want to move in with relatives. Despite signing a one year lease, and having a co-signer I could theoretically chase, I am going to release them after just [...]

The new tenants are in. After verifying the information on their application, I decided to require a co-signer. The co-signer was necessary because their employment history with their current employers was short (1-2 months), and total wages were less than ideal. But after passing the criminal background check and talking to the last property manager [...]

My section 8 tenant is out. She was a good tenant that usually paid on time. If she was late she always included the late payment penalty, no questions. The good thing was that I received most of the rent from the government, who always paid on time. I was unable to meet her for [...]

Fixing things that break/wear out in a rental unit is just a fact of life. Generally the landlord is responsible for keeping the unit in a safe and habitable condition, and all appliances in good working order. My lease and state law require that I make allowances for “normal wear and tear”, and that I [...]

Sorry for the long hiatus. Job and family conspire to limit my spare time. I give alot of credit to those bloggers that can maintain their blogs on a regular basis. The reason for this post is that my section 8 tenant has given notice that they will depart soon. This seemed like a good [...]