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
Tag: Scott Esmail
What to know about filing an insurance claim on you property
filing an insurance claim blog written by Scott Esmail
How to prepare your home for a Hurricane
Preparing your home for a hurricane
Should I qualify a not so good tenant is they have a co-signer?
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?
What is a 1031 Exchange?
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?
Should I let prospective tenants see the house before they rent it
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
Should I Invest for Cash Flow or Appreciation?
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?
15 Day Notice for Possession of Premises
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
Should you let a tenant do repairs in exchange for a rent deduction
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
How do I know what size AC unit needs to be installed in my rental unit?
When it comes to ac units, it is important to be able to calculate the size of the unit required on your own. Generally HVAC contractors measure and decide the size of the unit, however you can't just go by what they say they may try to get your business by offering th cheapest quote… Continue reading How do I know what size AC unit needs to be installed in my rental unit?