We all make mistakes, whether you are a new or experienced landlord. Sometimes a tenant comes along that you know doesn’t meet your criteria, but you make an exception because you’re tired, money is tight, and you really need to get the property rented out. You hold your nose, close your eyes, and approve their […]
Posts with the landlords tag
![Police Badge [Photo Courtesy: Wikimedia Commons]](https://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 […]
The Downside of Being a #Landlord … #landlords #propertybrothers #realestatetips
There are numerous financial benefits to investing in real estate and becoming a landlord, however there is a downside to managing your own rental properties. The key to being a successful landlord is to: Pick good tenants Have the personality and interpersonal skills to manage tenants All is well when tenants are paying their rent […]
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 […]
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 […]