Who Says There's No Creativity in Real Estate?
Wednesday, May 01
Over the past few years I’ve begun to appreciate a side of real estate investing that doesn’t get a lot of play, and that I honestly didn’t anticipate. As investors we love talking about earning income while we sleep, or retirement plan, or freedom of time from a 9-5. Normally this is what we u...
Setting The Town For A Tenancy (Pt. 2)
Thursday, April 18
We prefaced last week that our actions from the start of contact with a prospective tenant, it can set a tone for the tenancy. In this blog we are going to focus on the pre-tenancy activities and how they can affect how successful a residency is for landlord and tenant.It’s Sales 101 to always be...
Setting The Tone For A Tenancy (Pt. 1)
Sunday, April 07
It’s Sales 101 to always be pleasant and happy when someone calls that wants to rent your place. Your initial greeting on the phone should be kind and energetic, not that it was an imposition to answer the phone. If it’s not a good time, don’t answer the phone. Coming off as crass or short will d...
It's Okay to Let Good Tenants Go
Tuesday, April 02
A very good long-standing tenant of mine recently gave notice to move. Of courses I’m not thrilled at the prospect of having to find another renter but I’m accepting it and a little excited about it. Why on earth am I excited about having a long-time good tenant leave? Market rent.For starters,...
Forgotten Lessons In Property Purchases
Tuesday, March 05
I recently had the opportunity to network with about a hundred real estate investors from the Midwest. The most entertaining part of the gathering was the “purchase war stories” we shared in the lounge. Not only were investor’s having fun making jokes about their failures but we were learning fr...
Three Common Listings Mistakes of Rental Investors
Thursday, January 31
Too Specific Screening Criteria In AdMany investors thinks it saves time when they extensively list their screening criteria in the ad. Some ads will include specifics about credit score, income requirements, job stability, background check, eviction or foreclosure history, etc. Here’s an ad I ju...