Category Archives: Step #6: Admin

Getting Tenants to move out “on time”…

Today, I received the following e-mail from a reader:

…dig your web site. any advice on how to make sure tenants move their
stuff out very promptly on changeover day? their lease expires at
midnight on 8/31, but i’m going to let them walk out the door the next
morning. what kind of penalty or threat [...]

Tips for Successful and Legal Landlording (Nat’l Ass’n of Realtors)

The April 2008 Realtor Magazine provided this article, which was posted Melissa Stanley on April 28, 2008:

The national association of Realtors just came out with a list of 7 sercrets to successful and legal landlording. #1 is my favorite: Run Renting Like a Business. This is so important whether you are renting your condo to [...]

How to become a successful landlord (Steve Tytler)

Steve Tytler of the Herald (e-mail address: economy@heraldnet.com) prepared a really good response to a reader’s question which went something like this:

“We are buying a new home and plan to keep our condo and rent it out. We have never been landlords before and we don’t really know what to do. What advice can you [...]

How “Smart” Landlords handle Rentals

Otesa Middleton of Bankrate.com compiled these great tips from experts on managing your rental property. Feel free to add your own “Smart Landlord” advice in the comments section of this blog posting…
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Owning rental property seems like an easy way to generate extra income. But it’s actually not all that easy.
Nevertheless, the number of people buying [...]

How to Invest in Apartment Buildings

There is an e-course offered by Ted Karsch that takes all the guess-work and risk out of buying apartments. Trust me when I say that buying single (or even multiple) family homes is NOT the same as investing in an apartment building. Here is what he writes on his site:
“The problem that many new [...]

Security deposits: Critical link between landlord-tenant

Here is a pretty good summary of the linkage between Landlord & Tenant when it comes to the Security Deposit. Click on this LINK to go to the original article (in its entirety).
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A security deposit is money that the tenant pays to the landlord. It provides monetary security to the landlord, in case [...]

Renter’s Insurance

Here is an excerpt from an interesting article written by Ilyce R. Glink at www.thinkglink.com. She has other postings that are well worth looking into as a Landlord… Enjoy (and please share any other tips you may have on Renter’s (Insurance).
For example, I include in my Move-In Acknowledgement Form (that each new tenant [...]

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