My 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 [...]
1 CommentMost landlords do a great job of accumulating contacts in the various aspects of owning investment properties. They have plumbers, mortgage guys, painters, and CPAs to name a few. These are contractors that will use to maintain your properties. While most landlords like to hope that they will never have an eviction, if you own [...]
2 Comments