Archive
The rental market is changing I’ve written to you recently about how the resale market is changing, but after doing some research this week, the rental market is changing, too. Let me tell you about it. This all started when I was talking to my friend and mentor, Bill Cook. He was up in Bartow County from his home in Florida because he had at least three rental properties that needed to...
Bats, man I thought I’d kick today off with something funny I saw. I’m not sure if it was a Far Side or just a random newspaper cartoon, but it was four grey haired ladies and Bruce Wayne in his superhero costume sitting at a bus stop, in that order, with a caption that read “Nanna, nanna, nanna, nanna, Batman!” I got a good chuckle out of that but, sometimes as a landlord you get calls...
Full throttle It is about to get busy around here. Normally, the rental side of our investing business is what you call semi-passive income. The reason it is “semi-passive” is two-fold. One is because each month there is some “work” associated with processing payments, updating books and sending out demand letters for late payments. I put work in italics because most of this can be...
Tenants to my rescue I’m sure you have heard horror stories about terrible tenants. I know I have. As a matter of fact, I have bought more than one house from tired landlords who were actually afraid of their tenants. Can you imagine that? The landlord — you know, the person who owns the property and has the right to demand their property back — was actually afraid of their tenants. And...
July 1st landlord tenant law changes A new law went into effect on July 1st of this year named the Safe at Home Act. If you want to look it up, it is House Bill 404 and it has brought about some changes you need to know about as a landlord, especially when it comes to the eviction process. If you don’t know, the laws associated with the landlord tenant relationship are defined in the...