COLLECTING ON BAD CHECKS A resident of a landlord moved out during the middle of the lease and put a stop payment on his last rental check. When the landlord asked him to make good on the check, he refused, so the landlord
DetailsAn organized landlord is a more profitable landlord. I have reviewed many thousands of tenant debtor files and one thing is certain – by looking at a tenant file after the tenant moves out, I can usually tell you fairly accurately how the property is being managed. A well-organized landlord who documents everything has
One of the keys to profitable real estate ownership is your front line management. A good manager often increases both the cash flow and the value of a property, while a bad one can turn a top property into a fixer. There’s both an art and a science to hiring and keeping a good manager.…
DetailsThere are thousands of security deposit disputes each year. In many of these cases, the dispute comes down to a disagreement between the landlord and tenant over
There’s only one reason why the housing crash wasn’t any worse than it was on the nation’s homeowners, mortgage lenders and local communities – and it wasn’t the federal government. Private investors have accounted for 15 to 25 percent of home sales since 2008—most of them foreclosures that are poisonous to local home values. In…
Details[Editor’s Note: As reported on April 18, 2013, two landlords were fined an EPA penalty of $13,900 for violations of federal
While the stock markets continue to rally, [also, the real estate market], due in large part to the Fed’s continued QE bond and mortgage buying, there are some troubling signs in the economic data. If we drill down a little deeper, we find
Every once in a while it’s appropriate to devote a column to young people trying to get started. An adult grandchild reading this might be willing to engage in a conversation that needs to be started.
Q: My tenant is two months behind on his rent, he told me if I try to evict him he will file bankruptcy to stop the eviction, can he do that? A: Yes, but only for
DetailsQuestion 1: When I have many rental applicants for a unit, I will select one as the primary ‘winner’ of the unit, but let at least two to three others know they are acceptable but are on a wait list. In those circumstances, I would like to