Archive
So you bought your first rental property, you’ve gotten it looking nice, and now you’re wondering how to announce to the world that it’s available. There are tons of great ways to accomplish this. Ashley and I recommend utilizing multiple sources when placing a property on the market. Today, I’d like to go over some of the ones we use as well as things to watch out for. We live in...
You often hear tired landlords complaining of midnight calls from their tenants about leaky toilets. We’ve never experienced those calls. That’s because our tenants know that if they call after 5 p.m., they’ll get a response the next day- unless it’s an emergency of course. We’ve received a couple of those late-night calls for things like busted water mains, but they’ve been few and far...
As I write this I’m 15,000 feet in the air, courtesy of Delta Airlines, somewhere between Atlanta and Springfield, Mo. I’m on my way to go see one of the strongest and bravest people I know. Her name is Kaleigh, and she’s my little sister. What makes Kaleigh so brave you might ask? She’s fearless. Well that’s not true. She frets on the inside just as badly as any of us. But then...
I was talking to an investor recently about a property tax lien sale. These take place when counties auction off the tax liens that have accumulated due to unpaid property taxes. It’s a good way for local government to recoup some of their lost funds. For investors, it’s a great opportunity. If you know what you’re doing at the tax sale, you’ll get either a guaranteed 18 percent return on...
A strong fence makes for good neighbors: The prospect of renting to friends and family is something that comes up from time to time. Some people like to steer clear of that practice because of the potential damage it can do to relationships. I’m normally one of those people because our relationships are too important to put in jeopardy. That being said, we’ve done it in the past – both...