Owing a rental property can be both rewarding and frustrating. I often joke with my investor friends that managing the property is easy, managing the tenants is hard. Some times that wonderful tenant that you got the clean background screening on turns out to be terrible. It is almost like the put forward the face [...]
0 CommentsIn my travels and the numerous times I have been to court, I have learned some tricks and tips that can save you some time, money and frustration in dealing with evictions. Here are just a few: If you have an emotional attachment to the tenant and it took you more than a month to [...]
0 CommentsMy father in-law has a great expression that goes something like, “you need to take life by the smooth handle whenever you can”. I guess it means that do it the easy way when ever possible since often you don’t get the luxury of doing something easy. Today, I would say that my customer took [...]
0 CommentsIn the State of Minnesota, if a tenant leaves anything of value behind when the vacate the property, as a landlord, you were legally required to protect and store that property for 60 days. This applies to both regular move outs and when you have to evict a tenant. While you could charge a storage [...]
0 CommentsMany years ago when I started as a landlord, I was amazed to find that most knowledge around owning investment properties is learned. Very few books really exist on the topic or when they do, they really don’t give you the entire picture of how to manage tenants and the property. Plus, the information out [...]
2 CommentsAre you preparing for your first eviction? Maybe that “always late” tenant finally stopped paying and won’t return your calls. Alternatively, maybe your tenant is violating the lease despite sending them some eviction letters to try and get them to clean up their behavior. Don’t stress out, all landlords go through this. All of us [...]
0 CommentsMany years ago when I started as a landlord, I was amazed to find that most knowledge around owning investment properties is learned. Very few books really exist on the topic or when they do, they really don’t give you the entire picture of how to manage tenants and the property. Plus, the information out [...]
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