Category : 6. Manage

6. Manage Blog

Don’t Become a Motivated Property Owner

Mistakes as a Motivated Property Owner

A mistake I made as a motivated Property Owner. This was several years ago, one of my first properties, actually a property I owned. We were moving out of town, I didn’t want to sell the property, I was interested in being a Real Estate Investor so one of the things I thought is I would rent this place. Now we have been advertising for a while and we were getting ready to move and a week before we were leaving this guy showed up at our place and said he is really interested in renting the place.

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6. Manage Blog

Should I Do My Own Property Management

Should I Do My Own Property Management

When do you know its time to pick the right Property Manager. I get asked this question a lot. Should I get a property manager or should I do it myself. Well it really depends on a number of things.

First of all, are you a handyman, do you like doing these kind of things. If you got a call in the middle of the night, do you not mind that. So are you capable and do you have the skills or do you have to farm it out to trades people or a combination of both. So it really comes down to what your level of skill is and how much you are willing to farm that activity out.

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6. Manage Blog

How to Get Your Tenant to Pay

How to Get Your Tenant to Pay

Tonight we are going to talk about tenants, problem tenant, when tenants do not pay and one of the ways I found to get them to pay.

I had one tenant who had not paid me for a couple of months actually going onto 3 months. He was 3 months behind in his rent and certain geographical area they have a process where you can go and start using whatever that body is called, whether its Rentalsman or Rental Tribunal or the Landlord Court. Various different names for really the same kind of body. What those entities are trying to do is, they are trying to make sure that the tenant is being treated fairly at the same time the landlord is treated fairly.

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