Most important part of land-lording, screening your tenants!
Tuesday, March 27
BP nation isn't shy about screening tenants. But sometimes, as the landlord you find yourself eager to fill that vacancy quickly and risk ruining your ROI by not properly screening your applicants. Landlording is not for the faint of heart, especially when holding unoccupied property. During h...
My Beginning with Contractors
Saturday, March 10
Well, it has been a very frustrating couple of weeks! I feel like I'm on an emotional roller coaster, and about to be tossed out of the seat. In this blog post I'll tell you the story of my first contractor experience, lesson's learned, and give you the opportunity to critique my actions a...
Assuming Tenants with the Purchase of Real Property
Thursday, September 15
If you're in the market for rental property, and it isn't a SFR, chances are you've had to view investment opportunities around the current Tenant's schedule. More often than not the tenants are on an Oral Month-to-Month lease, at least that is what I've found. This is probably due to poor pro...
Interior Prep, painful but necessary
Saturday, January 22
I'm constantly tweaking my rehab procedure. I'm on rehab for rental number 12 and I've got to say I'm impressed with quickness and overall cost of a "typical" rehab for rental. I'm making a conscious effort to record some of the experience via photos to share complete with comments. Enjoy!...
Ego's and 500 bucks, what's a kid to do
Tuesday, January 04
Partners can be a great asset in negotiations, but they are not fool proof if you can't check your ego at the door. The number of RE deals that I analyze on a daily basis is staggering. I feel my unconscious constantly running numbers as my eyes saccade from home to home. I know when I have a ...
Rehab for Rental - more tips and tricks
Saturday, December 25
Hi All, I recently renovated a 3 bed / 1 bath in central PA for rental purposes. As usual, I wished I took more photo's of the process to illustrate to all you good folk. This time I snapped a few quick ones that may help you avoid those tempting impulse buys from Home Depot, and tighten u...