Many 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 [...]
0 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 CommentsEvery landlord will eventually have to do an eviction. This can be a frustrating and expensive process. I am surprised, though, how many will try to cut corners to save a couple dollars when doing the eviction. Instead of using an evictions attorney or going down to the courthouse, they will try to find free [...]
0 CommentsThis letter is a requirement in some states and not in others. If it is required, the exact language of an eviction letter will vary from state to state. Consult with your local courthouse for the legal language that should be in here. This is simply an explanation and loose example. No legal advice is [...]
0 CommentsWhen you’re purchasing a house with mortgage and asking yourself “ How much house can I afford?”, you must calculate your existing debt liabilities and compare it with your income to determine the amount you can comfortably pay as monthly mortgage payments. Assessing your affordability is important as you may also lose your house to [...]
0 CommentsWhen you have a tenant that is not paying you rent or is breaking a part of the lease, as a landlord, all you can think about is “how fast can I get this tenant out of my property”. I have had several questions lately around if this situation allows me to ask for an [...]
0 CommentsMost 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 [...]
1 CommentAn eviction notice has different meaning depending upon where you live. In some states, this is the same as an eviction complaint. Often, though this is a non-binding early warning of lease violations or putting the tenant on “notice” that they are doing something that violates the lease. This would include, but is not limited [...]
2 CommentsA process server is a neutral 3rd party that will “serve” your tenant the eviction notice. “Serving” the paperwork is essentially handing the tenant or the tenant’s representative the paperwork. It is a legal term defined “the act of delivering a writ or summons upon someone; as in ‘he accepted service of the subpoena’ (although [...]
0 CommentsFor a quick answer….Nope. I get this question often. Usually it is from a landlord that is frustrated because a tenant is always paying their rent late. Lots of landlords wait until the 28th to finally do something about it and then want to file an eviction. Here are some tips to fix the problem [...]
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