06.29.14 Mid Year Pulse on 2014 Goals
Sunday, June 29
This year is screaming by, as they often do. We're practically halfway through the year, so thought I'd reflect on progress on goals I set on 1/1/14: More visits to properties, perform 8-12 maintenance inspections, and be more proactive to reduce move outs or at least expensive move outs. Succes...
06.18.14 Book Review: Rich Dad's Real Estate Advantages
Wednesday, June 18
My latest real estate read is Rich Dad's Real Estate Advantages by Sharon Lechter & Garrett SuttonI wanted to read more about taxes, since our rentals are raising our tax liability instead of providing a tax shield. I was wondering if we were doing a tax calculation wrong, but looks like the...
06.12.14 Book Review: The Landlord’s Survival Guide by Jeffrey Taylor
Thursday, June 12
This book felt like a cross between Getting Everything You Can Out of All You’ve Got by Jay Abraham and Landlording on Autopilot by Mike Butler. While I think some of Mr. Landlord's methods are a bit slick for me, I do like that he also uses a point system for tenant screening, and I got ...
06.07.14 Washington Landlord Association Spring Conference
Saturday, June 07
Here is our very own esteemed Brandon Turner, sharing 10 tips to run a successful business (rather than hobby). Great ideas, this is an interesting ongoing topic for me. Think I’m resolved to be content with considering it part business, part hobby, and part mission in our situation. I...
05.30.14 Do I treat Real Estate Investing as a Hobby or as a Business?
Friday, May 30
Cruising back through Mike Butler's Landlording on Autopilot wondering if I'd create a new tenant training binder, when I came across this: Do you treat Real Estate Investing as a Hobby or as a Business? For hobby: Micromanage Hands-on Involved in repairs and maintenance B...
05.23.14 Feeling Lucky
Friday, May 23
This is the first time… we got a new tenant while the unit was still occupied. We've tried it once before but it didn't work out. I thought it was risky. We had not been in the unit for about two years (our handyman had given us more recent good reports). We were in the progress of gett...