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Keeping Your Head During the Holidays
As the turkey sandwiches begin to appear and the Black Friday madness dissipates, it’s time to drag the Christmas tree out of the basement and gear up for the whirlwind of the next few weeks. Before the Thanksgiving dishes have been cleared, most of the days on your...
Handling Tenant Requests
As I’ve discussed in my article “What Makes a Great Landlord,” it’s important to stay on top of tenant requests. This is one of the best ways to maintain a great landlord-tenant relationship. If the microwave has burns out, the washer breaks, or any other...
Striking a Great Work-Life Balance
Work can eat us alive. One day we’re graduating college towering future aspirations, and the next thing we know we’re at a desk behind a pile of towering due dates. What was 4:00 on Friday blocked out for again? A board meeting or your son’s soccer game? Anyone who’s...
Should You Pay for Your Tenant’s Utilities?
We’ve been trained to search for deals, but such “sale-minded” thinking often disappears at the word “free.” Most of us believe that anything labeled “free” is a piece of junk or comes with hundreds of strings attached. But when something we want is truly and honestly...
What Makes a Great Landlord?
What makes a really great landlord? It’s a question most property owners struggle with. How do you strike the balance between running your business as a business and treating your tenants with respect? It takes effort, but trust me, it’s worth it. A good landlord may...
When to Give Grace on Late Rent
The short answer is, pretty much never. I know that sounds harsh, but hear me out. You must run your landlording business as a business, and that means your tenants aren’t your friends, though you can respect one another and get along well. They’re you’re business...
Is Preventative Maintenance Worth It?
There are two ways to look at maintenance. Either the “wait until it’s broken” mentality, or the preventative maintenance mentality. Preventative maintenance is essentially establishing routine maintenance to keep appliances and equipment working safely and...
Easing Back into Life After Vacation
From the instant you drop that suitcase on the bedroom floor, you’re readjusting to normal life. And it can be one of the most difficult things you’ll ever do. Coming back from vacation can be frustrating and cause a serious drop in morale and productivity at work....
How to Handle Pets
Is man’s best friend really a landlord’s nightmare? Or have we been deceived? The truth is that most Americans own at least one dog or cat. This majority is causing more and more businesses to cater to pets (including hotels). As landlords, we should seriously...
How to Prevent an Eviction
In comparison to last week’s post, this week we’re feeling a little bit more optimistic. After all, the world of a landlord isn’t all doom and gloom. It can actually be quite rewarding! And so, as a follow up to last week’s piece on surviving an eviction, today we’ll...
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