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Archive Monthly Archives: June 2020

THINGS TO KNOW WHEN CHOOSING SELF-SHOWING SOFTWARE

By Matt Willis of Showdigs.com With self-showing technology, a mobile app provides key-less entry into a rental property. While it seems convenient, there are things to consider before trying. It is not secure for either party ‍When prospects let themselves into a property, they’re unattended, which means you don’t know who is visiting your home […]

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What Do I do When the Tenant Wants to Leave?

By John Nuzzolese When a tenant wants to terminate a tenancy, it is done in one of two ways. Either: in accordance with the lease agreement, or in violation of the lease agreement. If your tenant wishes to vacate tenancy properly, it usually means giving you, the landlord written Notice to Vacate in a timeframe […]

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How Much Cash Should an Investor Keep in Reserve?

As a real estate investor, cash flow is the fuel that drives our businesses. Whatever means you use to purchase properties, it still doesn’t address the number one problem that causes businesses (real estate or other) to go out of business: lack of positive cash flow. Businesses depend on positive cash flow to keep functioning […]

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7 Critical Property Maintenance Items Landlords Need to be Keep in Mind.

By William Bronchick & Frank Pulley If you are a conscientious landlord and have any rental properties, you probably are aware that they seem to need continuing maintenance and repairs. Things such as fence repair or siding are obvious. However, some of the less obvious items can cause some real problems if left unchecked. Although […]

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How to Market Your Rental Property in Any Market

Whether it is a hot rental market or not, marketing your rental properly and doing it aggressively will likely result in more and higher quality potential tenants and could result in higher rental prices. Most landlords just stick up a “For Rent” sign and hope for the best. Some of us might actually put it […]

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Landlord Legal Issues

As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by the lessor and provide […]

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Landlording Sucks (and What to do About it!)

While rental houses are a great line of business to get into in order to make consistent cash flow and long-term wealth, there are a few things to consider before jumping into the fray. This is particularly true if you are considering managing them yourself. There are all kinds of reasons that rentals are a […]

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Should I Rent to College Students?

By William Bronchick & Frank Pulley Whether you are a new or experienced investor there may be times that considering renting to college students might enhance the profitability of your rental. A single-family home with several bedrooms can sometimes yield 30 to 40% more in rental income than the same home with yield as a […]

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Rental Scams

By Frank Pulley & William Bronchick There are a lot of scams and phishing schemes going on in this technological world today. Technology is great and helps in our everyday lives; both business and personal. The problem is that problems that didn’t exist a few years ago exist now as a result of all this […]

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How to Legally and Safely Remove Squatters from your Property

You would think that somebody that trespasses onto one of your investment properties is violating the law big-time. Trespassing is illegal, but if a trespasser continues to live there, they may be considered a squatter. Removing squatters from your property can be a time-consuming, potentially expensive, complicated and energy-sucking endeavor! Although we are all about […]

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