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 [...]
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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 [...]
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 [...]
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