Archive for November, 2007

Scam: International Renters

Wednesday, November 21st, 2007

If you’re new here (and you like what you read), you may want to subscribe to my RSS feed. Thanks for visiting!  ScottSome of you may have heard about this before, but I thought it was worth repeating to get the word out.  I suppose it is like that old saying:  that if I […]

Expiring Your Leases

Tuesday, November 20th, 2007

Even though I own a lot of investment real estate, I had never put much thought into when my leases expire. I focused on not having multiple leases in the same building expire at the same time and, whenever possible, never expiring a lease between November and February. With these safeguards in place, I thought […]

Here are the methods that are helping me manage 28 rental units

Thursday, November 15th, 2007

When I tell people that I own and manage 28 rental units in 15 different buildings across the Twin Cities (MN), they are surprised.  Actually, prior to becoming a Minnesota Realtor, I managed all those units, was Sr. Director of Information Systems for a Minnesota coffee company where I managed 18 people, and had 3 […]

Tips to Having a Good Handyman

Wednesday, November 14th, 2007

Tenants and Toilets are the two key complaints that most landlords talk about. I believe that having a dependable, thorough, and honest handyman that has good workmanship is an absolute must whether you own 2 or 20 investment properties.

Your handyman should be able to fix most items in your properties. Maybe just as […]

How to the Mow Grass at your Investment Property

Friday, November 9th, 2007

Who mows the grass and shovels the snow at your investment properties? Maybe you do. Eventually you may want to ask one of your tenants to take care of the work. Here are some tips on how to make this a winning situation for you and your tenant:

Find a tenant that takes […]

My $2000 Tenant Screening Mistake-A Happy Ending

Wednesday, November 7th, 2007

At the end of October, I wrote a post about how I cut a corner in my tenant screening process and that mistake was probably going to cost me $2000 in lost rent and/or advertising/placement fees. You can read the full article here, but in summary I failed to connect with the prospective tenant’s Section […]