Stone tile floors are very popular with homeowners and tenants, however they can be very difficult to keep clean. We have owned a 1 bedroom ground floor condominium for 30 years. The previous owner upgraded the kitchen floor from vinyl to a gorgeous red stone tile. Our most recent tenant was a couple with 2 […]
Posts with the rent tag
![Police Badge [Photo Courtesy: Wikimedia Commons]](http://handsonrealestateinvesting.com/wp-content/uploads/2018/09/handson_policebadge-587x250.png)
When a Police Officer Applies to Rent from You! #propertymanagement #landlord #landlords
We own a 2 bedroom 1 bath condominium in a working class class neighborhood. Sometimes, there are security issues, such as burglary, vandalism, and car theft. Therefore, when we screen tenants, we look for tenants who don’t scare easily. When we rented to the previous tenant in 2015, the rent was $1150. Now, we are […]
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. […]
11 Tips to Create #Income from #Rental Property! #realestate
It is no secret — we believe that owning rental properties is one of the best ways to generate positive cash flow and build wealth! Why? Here are 8 tips to create income from rental properties. See below for 3 bonus tips from HandsOnRealEstateInvesting! 3 Bonus Tips from HandsOnRealEstateInvesting! Consistently charge late fees when tenant […]
Raise #Rents Regularly! #realestate #landlord
When we began investing in real estate 25 years ago, we didn’t raise rents on a regular basis. We were afraid that raising the rent would cause the tenants to move. We now realize that was a mistake. For example, we have a tenant who has rented a townhouse from us for the past 20 […]
When #Tenant Stops Paying #Rent … #tenantscreening
One of the most critical events that can occur to a landlord is when the tenant stops paying rent. In our opinion, it is very important to assess how serious the infraction. There are 3 levels of severity: Minor/Short-Term ( rent is a few days late) Moderate (rent is a few weeks late) Severe/Long-Term (rent […]
#RealEstate #Rents Skyrocketing! #invest #investing
If you are still undecided about investing in real estate, here is one more reason: Rents are skyrocketing! We recently received 30-day notice from one of our tenants. He is renting a one bedroom condo for $975 per month. When I googled rents for our area, I was shocked to see the lowest rent at […]
Currently #Renting & Saving for a Down Payment?
Are you currently renting, but would like to save for a down payment to purchase a home? The key to saving is reducing expenses, and one of your largest expenses is most likely your rent. The following article has creative strategies for negotiating a reduced rent from your landlord! For details on negotiating a reduced […]