When you are a property manager or landlord it can be a very challenging thing to know when to raise peoples rents and by how much. You want it to be beneficially for you but at the same time not have it to high forcing tenant to move out causing you to have a large… Continue reading What to know about raising rents
filing an insurance claim blog written by Scott Esmail
I often run into this scenario where a prospective tenant does not meet the requirement I have in place but are willing to find a co-signer to strengthen their application. It can be a difficult decision based off the persons previous history weather or not its worth putting a risk on them, in the event… Continue reading Should I qualify a not so good tenant is they have a co-signer?
Have you ever want to sell one of your properties or regret buying one in a specific area. This happens to a lot of investors and often the find themselves contemplating whether its worth it or not due to a hefty capital gains tax bill they may incur at the end of the year. The… Continue reading What is a 1031 Exchange?
Some might think this is an obvious yes you should show tenants the house before they decide if they want to rent it but there are a lot more factors that go into planning than you might think. For an example the first thing people think are "lets put a for rent sign so we… Continue reading Should I let prospective tenants see the house before they rent it
I get asked this question all the time "what is a better investment for my rental property monthly cash flow or appreciation?" The best answer I can honestly give is both, but sometimes thats not always an option so here is a little insight from my experience on both sides Cash Flow in my option… Continue reading Should I Invest for Cash Flow or Appreciation?
A 15 day notice is a notice you can give to tenants if they are not in a lease contract and are on a month to month tenancy. The purpose of this notice to be given is if you no longer wish to rent to the current tenants. You would need to check with your… Continue reading 15 Day Notice for Possession of Premises
I get asked this all the time by tenants " There are some thing I believe need to be done in this house, I'm a contractor and I can fix it myself if you can discount the rent?" The answer I give every person is the same "NO" Absolutely not should you allow a tenant… Continue reading Should you let a tenant do repairs in exchange for a rent deduction
Hey Folks, When buying a rental property this is what I tend to look at when doing my walk through of a potential rental to gauge what it may cost me to get the house rent ready. These are some major costs your should consider when purchasing a new rental. First if you see that… Continue reading What are the highest cost things to replace,when buying a rental property?
When a tenant doesn’t pay their rent it could be very stressful for the landlord.Of course as a landlord we always want our tenants to pay rent every month on time but this isn’t always the case. Often enough when approaching the first of the month or shortly after you get those phone calls or… Continue reading Should I let a tenant stay if they made paid payment arrangements