What types of properties should you be buying?

As you think about becoming a real estate investor, you probably have an idea of the kinds of properties that you want to buy and rent out. Perhaps you picture yourself managing single family homes. And not just any old homes -- you want to own luxury properties with amazing design and features. Or perhaps … Continue reading What types of properties should you be buying?

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The most important part of developing your rental business: Build your team

Photo by rawpixel.com on Pexels.com Even if you plan on being a one-person business (as I consider myself), you still need a team.  There are for things that you either can't do on your own, or shouldn't!  Mistakes can be costly and time consuming.   Having a list of professionals will provide a more solid foundation … Continue reading The most important part of developing your rental business: Build your team

The best way to protect yourself from a tenant’s false claim:

At first, it didn't occur to me to take pictures of my properties, except for standard listing photos.   That was a mistake. Occasionally I had "disagreements" with my renters when checking them out.  I'd point out that, for example, trees needed to be trimmed or weeds pulled.  In response, I'd hear "It was like that … Continue reading The best way to protect yourself from a tenant’s false claim:

Another insurance issue property owners need to be aware of…and why it matters

In the past, I've written about several insurance issues that I've learned about as a landlord: the importance of a certain detail (A quick tip to avoid an insurance nightmare), how misleading the term 'renter's insurance' is (Another insurance mistake to avoid), and even the pros and cons of buying an additional warranty (Should you … Continue reading Another insurance issue property owners need to be aware of…and why it matters

A landlord’s debate: should you show your property while the current tenants are still there?

Unless you give up on being a landlord immediately, you'll be faced with renting out a property after you have already have had it rented out.  This presents a different set of problems than, for example, having your own house up for sale.  With your own house, you know that you can keep it clean … Continue reading A landlord’s debate: should you show your property while the current tenants are still there?