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Blogs from experts who are veteran rental property owners and landlords with years of experience.

 

Keeping Bugs And Wildlife Out And Air Conditioning And Heating In

Landlord Hank continues his series on maintenance, the No. 1 issue for most landlords and property managers. This week he is focusing on preventative maintenance keeping the bugs and wildlife out, and the air conditioning and heating in. By Landlord Hank The exterior of the building-roof, siding, windows, doors, foundation are all about keeping water [...]

By | July 4th, 2017|Blogs, Maintenance|0 Comments

How Does One Evaluate Income Property?

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 [...]

By | June 20th, 2017|Blogs, Landlord|1 Comment

How To Keep Your Money Machine Rental Running Smoothly

How to keep your money machine, your rental property, running smoothly could also be called property preservation tips. By Landlord Hank Start with routine maintenance, then repair or replace, if needed. Here is the order of steps I use for taking care of my properties and below I will touch on 4 things in particular [...]

By | June 20th, 2017|Blogs, Maintenance|0 Comments

Renovation Of A Rental Property On A Shoe-String Budget – Part 3

This is the third part of the series on renovation of a rental property duplex on a shoe-string budget. Landlord Hank takes you through his steps, where he got his materials, gives you a final cost and then lets you know how much rent he is getting from the tenants. By Landlord Hank So now [...]

By | June 6th, 2017|Blogs, Landlord, Rental Property Owner|0 Comments

Next Up: Flooring In A Rental Renovation On A Shoe String

On my rental renovation there is lots to do on the interior to get this place rent ready. In my mind, it's better to focus all your energy on one unit so it can be bringing in rent and then you can switch your work to the next unit. As long as the building looks [...]

By | May 23rd, 2017|Blogs, Landlord, Rental Property Owner|1 Comment

Can You Really Renovate Rental Property On A Shoe-String Budget?

Can you renovate rental property on a strong-string budget? Yes, it can be done and come out great! By Landlord Hank The easy way to renovate rental property is to hire a designer, architect, general contractor and tell them what you want and make your choices for colors, material etc. Then you wait for the [...]

Security Deposits Can Be A Source Of Disputes Between Tenants And Landlords

By Tim Zabawa Broker/Owner Z Austin Real Estate Security deposits are one of the most often disputed items between a landlord and a tenant. I always  wanted a plaque in my office I could point to while a tenant was sitting at my desk and show them there are two things tenants always say: “Oh, [...]

By | May 10th, 2017|Blogs, Landlord, Leases & Agreements, Property Manager|0 Comments

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 [...]

By | May 2nd, 2017|Blogs, Property Manager|0 Comments

How Flexible Should You Be With Lease Terms?

As a landlord, how flexible should you be on lease terms, when you let tenants move into a property and what are your options? By Tim Zabawa Broker/Owner Z Austin Real Estate Once at a very nice house, I was dealing with the son whose father owned and lived in the house.  He was this [...]

By | April 17th, 2017|Blogs, Leases & Agreements|6 Comments

How Do You Keep The Perfect Tenant?

By Landlord Hank You've bought a new property, fixed it up and made it nice, found the perfect tenant you feel comfortable with and are ready to sit back and collect rent every month. That is an ideal situation and it may play out exactly that way. How do we keep this perfect tenant that [...]

By | April 13th, 2017|Blogs, Landlord, Tenant|2 Comments

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, [...]

By | April 5th, 2017|Blogs|0 Comments

Why You Need Exact Names Of Parties On The Lease

Why you as a landlord need exact names on all parties to the lease is the topic of this week's blog by veteran landlord and property manager Tim Zabawa. By Tim Zabawa Broker/Owner Z Austin Real Estate You need exact names of ALL parties on a lease because awhile back I was misled by a [...]

By | March 29th, 2017|Blogs|5 Comments

How Do You Handle An “Atypical” Eviction?

Landlords and property managers frequently deal with the issue of unmarried co-tenants and roommates, sometimes on the lease and sometimes not on the lease. When things do not work out with these tenants, a landlord may face what is known as an “atypical” eviction. Landlords are now seeing more renters who are Millennials. The trend [...]

By | March 10th, 2017|Blogs, Education and Training|0 Comments