Townhouse Attic how to invest in real estate beginner real estate investor beginner real estate investing

Chasing Squirrels in the Attic! #propertymanagement

We have a 4 bedroom 3.5 bath townhome that is currently rented by a family. We received a note from them regarding “scratching” noises in the attic at night. This sounds familiar to a call we received a few years ago from a different tenant. Wierd sounds in the attic or ceiling usually mean squirrels […]

Condominium Complex how to invest in real estate beginner real estate investor

When Prospective #Tenant Wants to Move In Quickly … #tenantscreening

We have a one bedroom condominium for rent. The current tenant gave notice about 3 weeks ago. We always require 60 days notice so that we can minimize loss of rent when we have tenant turnover. We advertise using Zillow and Craigslist. It is extremely important to thoroughly screen prospective tenants! Your tenant evaluation criteria […]

DIY Drywall Repair! how to invest in real estate investing beginner real estate investor

Ground Floor Condo Plumbing Backup & Leak! #waterdamage #propertybrothers

The disadvantage of owning a ground floor condominium is that “everything flows downhill …” Whenever there is a backup or stoppage, it occurs at the ground level due to gravity. We have owned this particular condo for 27 years, and have never had any major problems with it. Our tenant is perfect because she pays […]

Plumbing Leak Damges Ceilng! water damage how to invest in real estate real estate investing beginner real estate investor

#Plumbing #Leak Damages Ceiling & Walls! #propertybrothers

We own a 2 bedroom condominium that we purchased last year. The unit above ours was foreclosed around the same time, and a new owner purchased the above unit about 6 months ago. We were able to take a peak at the above unit while it was vacant and it needed lots of work. A […]

Dining Room Hole in the Wall beginner real estate investor how to invest in real estate

4 Lessons Learned – #Section8 #TenantScreening

Let me preface this post by saying that we are not casting aspersions on the Section 8 program. We can only speak from our personal experiences. During the past 2 -3 years, when we advertise a property for rent, we get many inquiries from prospective tenants who have “housing vouchers.” The “housing vouchers” go by […]

Condominium Living how to invest in realestate beginner realestateinvestor realestateinvesting

When #Tenant Borrows Security Deposit … #tenantscreening

We posted a 2 bedroom condominium for rent. The condo is located in a lower middle class area, so it was taking longer than usual to find an acceptable tenant. A 41 year old man submitted a rental application. His initials are DA. DA had fair credit, an acceptable salary, and a good landlord reference. […]

What are Pros & Cons of Becoming a #Landlord? #landlordlife

We can attest to the fact that it is not easy being a landlord, but we believe it is worth the time and effort. No one will take care of your property like you do. Therefore, we believe it’s advantageous to manage your own rental properties instead of employing a professional property management company. For […]