Landlords who want to evaluate income property should consider using the same methodology as is practiced by professional real estate appraisers. Here is this week’s question for Richard ‘Monty’ Montgomery. Reader Question: We want to make our first real estate investment purchase. We have decided on investing in older 2-4 family apartments. It appears there are […]
Want To Be A Good Landlord And Property Manager?
Being a landlord and property manager in the real estate investment business can be hard. Blogger Richard ‘Monty’ Montgomery this week takes on a question around what are the 7 common mistakes many new real estate investors make when becoming a landlord or property manager. Reader Question: We just backed out of our first real estate […]
A Landlord’s Question: Our Out-Of-State Rental Home Has Been Trashed, Now What?
Veteran investor and landlord Richard Montgomery answers questions each week from landlords and property managers as Dear Monty. Reader Question: We have a trashed home. My husband and I live on the East Coast. Our son attended school in the Midwest, and we bought a home there. We completely renovated it like a new home. After graduation, […]