I wasn’t sure how to get that all into a title. I guess what I as trying to convey was, “What is the last minute that a tenant can pay you the rent and everything and save themselves from being removed by the sheriff?” The answer may surprise you, but I will start with a [...]
0 CommentsI am sure you are saying to yourself that owing rental properties would be a piece of cake if it wasn’t for the tenants! They make the job of being a landlord a challenge. When you have good tenants, it seems easy, when you have bad ones, you hate your properties and question why you [...]
1 CommentIn 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 CommentsSurprisingly, I had never done an eviction in Washington County, MN until last week. Here is how my adventure went: Looked up on the Washington County website and saw that they have multiple locations in Stillwater, Forest Lake, Cottage Grove and Woodbury. I figured that the Woodbury location would be closest and easiest for me [...]
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 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 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 Comments