I had a recent question:  "Aside from watching asking prices for rents on places like Craig's list is there a good way to determine the fair market value in a given city or area for a property?" Determining Fair Market Rent can difficult to figure … [Read more...]

Receiving a  tenant application can require some detective work and a good ear.  A prospective tenant calls you and wants to see that 3 bedroom apartment that you have for rent.  What types of "red flags" should you be watching and listening for as … [Read more...]

Many landlords take a lease deposit from a prospective tenant to hold an apartment prior to move-in. I require a deposit when there is more than 1 week before the start of the new lease. State law is very clear on how this process must be executed … [Read more...]

Some of you may have heard about rental scams on Craigslist before, but I thought it was worth repeating to get the word out.  I suppose it is like that old saying:  if I save one person from this scam it was worth it! Here is how it goes:  you … [Read more...]

If you are a landlord, you will run into tenant applicants (and tenants for that matter) that will just lie to your face or on their tenant applicant screening.  I had another one recently, that I just felt I had to share [long story, but it will … [Read more...]

I am in the middle of showing rental property that I own in NE Minneapolis.  It has hardwood floors, 3 bedrooms and because it is kinda small, I am asking $850.  It is available immediately (if you know anyone, send them my way!).  I have had several … [Read more...]

Have you ever heard of reverse prospecting for tenants?  Hopefully, as a landlord, you are already using Craig's List to find new tenants.  This is a free and powerful tool to quickly advertise your apartment openings.  I have good success for most … [Read more...]

Collective apartment association tenant screening is a new technique that some associations are using to manage the flow of tenants into their buildings and neighborhood.  Here is how it works: All building owners agree to collective tenant … [Read more...]

Advertising your investment property using Craig’s List is something you should seriously consider. Craig's List is an excellent place to advertise your investment property vacancies. I wrote a post about doing Reverse Prospecting for Tenants on … [Read more...]