Archive for the ‘Leasing’ Category

Good News for Rents

Wednesday, December 26th, 2007

If you’re new here (and you like what you read), you may want to subscribe to my RSS feed. Thanks for visiting!  ScottMelinda Fulmer from MSN Money gives all landlords and investment property owners good news. Apartment (asking) rents jumped 4.2% in the 3rd quarter alone. Vacancy rates, although, are hovering […]

Tenant Applications-Part 2

Monday, December 3rd, 2007

Here is a recent question I received: “When screening a tenant, if they have bad credit but a solid rental history would you rent to them? Do you recommend credit checks or focus more on criminal and rental history.” I originally just shot back an answer in a comment, but then decided it […]

Screening Tenants with MySpace

Wednesday, November 28th, 2007

When I read Steve’s post at The Property Pundit, I couldn’t help but smile from ear to ear. When he takes applications for his apartments, he searches the Internet to see if the prospective tenant has an on-line identity. In one case he came across a prospect that was advertising her erotic services […]

Fair Market Rent Evaluation

Wednesday, November 28th, 2007

In my post “I Know You Have Questions“, I asked the readers of my site to send me questions or topics that they are just dying to ask or are confronted with often. John Gall asked: “Aside from watching asking prices for rents on places like Craig’s list is there a good way to determine […]

Scam: International Renters

Wednesday, November 21st, 2007

Some 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 save one person from this scam it was worth it!
Here is how it goes:  you are advertising your rental on-line, such as on Craig’s List.  You […]

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 […]