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Rental Management GuysInvestment property maintenance tricks can make your life easier saving you time now and later. I have not been posting much lately as I have been buried with multiple apartment turnovers. As I mentioned previously, several years ago, I moved many … [Read more]
Expiring Your Leases
Expiring your Leases is something you should think about. Even though I own a lot of investment real estate, I had never put much thought into when my leases expire. I focused on not having multiple leases in the same building expire at the same … [Read more]
Advertising your Investment Property Using Craig’s List
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]
Rental Property Fire
A rental property fire can happen, what do you do? This is a new one for me. In the last 30 days, two different customers have had a rental property fire! I swear I had nothing to do with it. One happened because of faulty wiring in the attic … [Read more]
Making Low Ball Offers
What is the norm for making low ball offers on homes? I have been getting this question more and more every day with my customers. I answered that question a long time ago about Low Ball offers on foreclosed properties. That is current my number 1 … [Read more]
Calling Rental References
Calling rental references should be a common practice, so why aren't you calling me? I lose 8-12 tenants per year (both by my choice and by their choice). In the last 4 years, that I have owned the majority of my properties, I have probably … [Read more]
Paying Interest on Investment Property Security Deposits
In Minnesota paying interest on investment property security deposits is required. Here is the state statute on it. I hope I am "preaching to the choir" when I remind everyone that in Minnesota, you must pay your tenant interest on the security … [Read more]
Investment Property Partnerships
I have seen investment property partnerships very often in my career. Just like in any business you will find partnerships. Sometimes they are built originally from friendships, sometimes they are between complete strangers. Regardless of their … [Read more]
Finding Houses to Flip
After all your flipping prep work, your first step is to generate leads on your road to finding houses to flip. Unfortunately, not all leads will end in you buying a property to be flipped. Many leads will be dead ends for various reasons including … [Read more]
Why Buy Investment Property anywhere but Minnesota?
I know I am going to get some comments from readers in other parts of the country that you should buy investment property in their state! My point is not that anywhere BUT Minnesota is bad. It is just that I often get the question from new … [Read more]
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