Starting your rental business: Should you buy a fixer-upper for your property?

    You may be considering buying a "fixer-upper", dated property, or property in distress to fix-up and use as your rental property.  Before you jump in, there are many things that you need to consider! First, what kind of market are you in?  Are you in a market where hardly any properties are available, … Continue reading Starting your rental business: Should you buy a fixer-upper for your property?

Starting your rental business: The importance of a home inspection

You know the saying "buyer beware."  This is true, not only when you buy your personal residence, but is equally important when you buy an investment property!   There are several reasons to make a home inspection part of your home buying experience: identifying issues evaluation of the seriousness of issues possibility of negotiating the price … Continue reading Starting your rental business: The importance of a home inspection

Tricks of the Trade: The best way to protect yourself from a tenant’s false claims

At first, it didn't occur to me to take pictures of my properties, except for standard listing photos.   That was a mistake. Occasionally I had "disagreements" with my renters when checking them out.  I'd point out that, for example, trees needed to be trimmed or weeds pulled.  In response, I'd hear "It was like that … Continue reading Tricks of the Trade: The best way to protect yourself from a tenant’s false claims