Imagine you drive up to a property that you found in an online listing. You see cracked blinds through dirty windows, peeling paint on the front of the building, weeds a foot high, unruly shrubbery and low-hanging trees. What is your impression? What kind of tenant will this property attract?
This example rather brilliantly cuts through all the political doublespeak we get. It puts it into much better prospective.
You have worked your whole adult life to establish a real estate legacy. These real estate investments have paid for your kid’s college and your retirement. You put your blood, sweat and tears into them and now you have to make key decisions regarding passing the assets on to your spouse and kids. What do…Details
MRLANDLORD.COM Tips on Management 10 Cheap Ways to Advertise Your Rental and 15 Best All Purpose Cleaners
10 Cheap Ways to Advertise Your Rentals These tips are recommended by landlords nationwide. 1) Word of mouth from current residents. 2) Sign posted at the rental. People in the area see it and tell other friends who might be interested, or even someone looking in the area. Realtors have been using this one for…Details
SatisFacts and 30 Lines conducted a major national study titled “Getting Inside the Head of Today’s Online Renter” (www.TheOnlineRenter.com). This article shares findings revealed by the study regarding renters’ technology preferences and how this feedback can be used to help improve staffing, customer service, communication and program efficiency.
For the past 30 years in Los Angeles, ever since landlords lost the battle over rent control in 1979, most landlords have remained politically inactive. Whenever the Los Angeles City Council would vote on a housing matter, renter’s groups would often bring bus loads of people to council chambers and most times not many landlords…Details
I am beginning to see the term “housing recovery” all over the place these days. I googled “housing recovery” and narrowed the results down to the last 30 days and 3,900 results show up. It sure seems like the “housing recovery” has become a widely accepted fact. Now, I’m no longer some big housing bear…Details
Below are common real estate investment field practices that can lead to disappointing results (mistakes) that, if allowed to do it again, should be avoided: 1. Not Sampling the Market Buying properties without thorough knowledge of current prices and practices.Details
This article is reprinted here with permission from Creative Real Estate Online at http://www.creonline.com As the saying goes, “Happiness is a positive cash flow.” Empty rental units do not produce positive cash flows. What vacancies do produce are sleepless nights, gray hairs, and negative cash flows. You need to have strategies in place that will…Details