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Updated about 10 years ago on . Most recent reply

User Stats

214
Posts
149
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Jeff G.
  • Investor
  • West Bend, WI
149
Votes |
214
Posts

Now I am a landlord.... Now what do I do?

Jeff G.
  • Investor
  • West Bend, WI
Posted

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

User Stats

1,047
Posts
596
Votes
Travis Sperr
  • Lender
  • Denver, CO
596
Votes |
1,047
Posts
Travis Sperr
  • Lender
  • Denver, CO
Replied

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!

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