Landlording for maximum profitability and Financial Independence
No issue scares a landlord more than bedbugs in an apartment. OK, maybe crime, evictions, vacancy, insurance and taxes come first, but bedbugs and other pest issues are a serious matter in a rental. When you have bedbugs in your apartment, you need to act on it and get rid of them as fast as …
Continue reading “Landlord Nightmare: Bedbugs in an Apartment”
All landlords have a renter horror story, I am no different. As a landlord, I meet many interesting people. As a Section 8 landlord in my early days, the people were MUCH more interesting. Now I meet people who have jobs, might have a kid or two (with the same last name), and strive for …
Continue reading “Renter Horror Story – Mike The Murderer”
Eric is financially independent due to his investment properties. This is his biography. Please read this blog to see how he started and is continuing the journey. After graduating high school at 17, and a year of pumping gas, Eric spent 4 years in the USAF at Barksdale AFB, where he was a crew chief …
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When you look around on Craig’s or other places, you often see higher rents than what you are charging. Your temptation is to raise the rent on your existing good tenants. Or you want to advertise at a higher price. What is the right price for your Rental
Low rents. The fact of the matter is, the lower your rent is, the more affordable it is to sub-par renters, or trash. You will attract them in droves at a low price. But the flip side to that is you also attract more good renters. Good renters are always looking for a bargain; good …
Continue reading “Low Rents Attract Trash”
Carpet vs Laminate Flooring. This is an important question for all landlords. Carpet can be ruined after one tenant, even after only a few months. Laminate flooring is generally more durable, but more expensive. Laminate flooring can also be ruined by water.
