Archive for the ‘Managing Rentals’ Category

The Power of Great Relationships (With Your Tenants)

If You Can’t Rent To the One You Love, Love the One You Rent To. Ask any successful entrepreneur who has been in business for more than a couple of years, and they’ll tell you: it’s...

How to Handle an Emergency At Your Rental

However unlikely, you need to be prepared! Real emergencies are thankfully rare, but they do occasionally happen — and when they do, you need to be prepared and act accordingly to avoid making...

4 Simple Tricks that Make Being a Landlord a Little More Profitable

Landlords that get creative are landlords that keep tenants and make more money! Being a landlord is hardly all sitting down and raking in profits because you’re nice enough to let someone else...

Who Is Your Best Ally in Fighting Crime at Your Properties?

You may be surprised to learn it’s your tenants! There’s no such thing as a neighborhood with no crime. There are neighborhoods with less reported crime, and there are those areas that...

Broken Leases – How Much Do Tenants Owe?

The better this is defined in your lease, the better your chances of actually collecting something! So, here’s a scenario for you: a new tenant signs a lease and gives every indication that...

Mistakes Landlords Make, Part II

We admitted to a few moderately spectacular bungles last week — let’s do it again! Last week, we talked about some of the mistakes that landlords make — and we’re going to...

Mistakes Landlords Make, Part I

We’ve been a lot less than perfect over the years — maybe you can learn a bit from some of our ‘favorite’ mistakes. No one is perfect — and while landlords aren’t...

BiggerPockets Repost: Owning Rental Property Without Managing Tenants: Why I Use Property Managers

If you’re not subscribed to BiggerPockets, you should be!  It’s a great real estate investor site.  They were nice enough to let us post an excerpt of this recent article by ARTHUR...

Metro Detroit Landlords Should Turn Neighbors into Spies

You can’t always be inspecting your Metro Detroit area rental properties, but you don’t have to – if you get neighbors to help you! We’ve always made it a practice of...