Category : 6. Manage

6. Manage Blog

Tenant Problems Can Be Distracting

When dealing with tenant problems, don’t let them distract you for too long. Settle fast and move on.

When you own rental problems you will eventually have tenant problems. I see a lot of beginner investors spending way too much time chasing these problem tenants.  I view at tenant problems as my problem. Either I didn’t screen the tenant properly or I used other bad property management techniques.

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6. Manage Blog

What Is Property Management?

Taking care of your property and your tenants.

As you start acquiring properties, you are going to have to manage them. Property Management is more than just fixing toilets. It’s about making money with your investments.

Property management is making sure your properties are generating a positive cash flow. How do you do that? The first thing you need to do is make sure you only rent to good tenants. People that want to rent your property and that plan on taking good care of it.

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6. Manage Blog

10 Property Management Mistakes You Should Avoid

When I started buying rental properties, I made a lot of mistakes as a landlord and property manager. Here are some of the most common and irritating ones in no particular order. Avoid them and save yourselves a lot of money and headaches.

1. Not screening Tenants

You should always do some kind of background check on your tenants. A bad tenant is worse that no tenant. Keep your unit vacant until you find a good tenant no matter how desperate your are to rent it.

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