Archive
Train, train and retrain your tenants I tend to be an open book, especially when I mess up, because it holds me accountable and helps me to learn from mistakes. So, with that fact in mind, I’m going to tell you about something I messed up on with a rental, and then, I’ll tell you how we remedied it. I got a little lax with doing inspections on our properties during 2020. I...
Do you take pride in your rentals? As I’ve told you before, I like doing service calls on our rentals. One of the big reasons for this is I get to see how our tenants are keeping the properties. We pride ourselves on good customer service, which includes a fast response time on service calls. So when something breaks, I’m often there within a few hours. As such, the tenants don’t...
Sitting at the laundromat with my bank account drained So, I learned some very valuable lessons this week at the laundromat. First, laundromat has an “O” in it which is contrary to how I say it — “laundry mat.” Next, the machines there have come a long way since I was kid. They have timers on the washers now, which is awesome, and the dryers are very efficient. I know they’re very...
Why we use private money lenders What I’m about to tell you may come as a shock, but I have only applied for a mortgage through a bank one time in my life… and I was denied. To make that fact more interesting, you should know that it happened in February of 2020. I have to tell you I was little surprised myself. It happened as Ashley and I were expecting baby No. 3 and were looking...
A good property management system I have been out working on rentals a lot this past week. Contrary to what you hear about most landlords, I actually like working on our properties. The reason for this is because I get to see how our people are doing, how they are keeping the house up and if they are doing the four jobs of a tenant. And just to remind you, the four jobs are: 1....