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Updated about 10 years ago on . Most recent reply
Now I am a landlord.... Now what do I do?
Aside from the obvious, make sure payments are in on time and property is taken care of (which is in lower tenants lease as his responsibility)
How often do you guys and gals check up on your properties both inside and out? My property is about 60 minutes from my house.
What else should I be doing? I feel like I have everything down for the analyzing and buying side and now I am completely in the dark as to being a landlord....
We do plan on buying another property this year and then 3 more next year so I am sure it will be a steep learning curve.
Thanks,
Jeff
Most Popular Reply
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Firm but fair, remember investing is a business and stick to your polices - don't have policies? Create some.
With your property being an hour from you, try to do some networking to find good vendors now rather than when you really need them, in a hurry, on a Sunday morning.
Best of luck growing your empire!