December Tenants

Bahumbug!! December is probably the worst month of the year to try to rent a property. Finding qualified new tenants in December has always been a challenge for us.  Think about it, if someone didn’t plan ahead enough to move their family before Christmas/New Years or cannot...

The Joys of Insourcing Property Management

The Joys of Insourcing Property Management
If you have been following this blog for a while, you know I self manage my rental portfolio and for the “full-time” investor I am a big proponent of doing it yourself versus hiring a property management company.  You may also know that one of our goals was to hire an...

Landlords: How to Select Tenants

Landlords: How to Select Tenants
Back in early 2010 I wrote about my favorite spot to find prospective tenants.  Can you tell I am not very creative in finding them? I am still renting 80% of my properties via the For Rent sign in the front yard. But the important question is, once you an application or applications...

2011 Rental Property Summary

2011 Rental Property Summary
If you’ve been reading the blog for a while you know I like stats.  I thought I would compile some stats for what 2011 looked like as landlords for us. New Purchases 26 new rental properties 22 are single family houses 2 are duplexes 1 two houses on a lot 1 commercial building The...

My Rental Purchase Criteria

My Rental Purchase Criteria
I have recently been asked to elaborate on my rental property purchase criteria.  You would think I have an elaborate set of guidelines, must haves and must want but it is not that simple. If you have been following this blog for a while you might remember that we started in the...

The Power of Leverage? Or Not…

The Power of Leverage?  Or Not…
Often I visit a great real estate social network called Bigger Pockets.  Recently a new member at the site, Daniel, outlined his investment strategy that was focused on buying properties cash, re-investing all cash and salary and building a portfolio slowly and safely.   See the...

Zillow Releases a Zestimate for Monthly Rent

Zillow Releases a Zestimate for Monthly Rent
About 10 days ago Zillow released an interesting addition to their software, they now offer a Zestimate on the amount of rents a property will fetch.  For specifics see Zillow’s Official Blog Post about it. If you have been following the blog for a while you may remember a...

Buy Long-Term: Cash-Flow? Appreciation? Class A, B, or C?

Buy Long-Term: Cash-Flow? Appreciation? Class A, B, or C?
This has always been an interesting question that I have spent a lot of time thinking about.  What class of properties should you buy and focus on?  Is it worth it to spend your time in the war zones chasing huge cash-flow?  Or work on the consistent returns and easy management...

The Two Latest Rentals

The Two Latest Rentals
Here are two of the rental houses we picked up January. Both of these houses are the same model, built in the 1980’s, 3 bedrooms, 1 bathroom and should make fine rentals. The one on the  left we rented this weekend to someone who drove past the house and talked to one of our...

House #73 – Latest Rental House

House #73 – Latest Rental House
We just closed on House #73 about a week ago.  It is a 2 bedroom, 1 bathroom house where the single car garage is converted into a third bedroom.  The house is just under 1,000 square feet and a pretty solid rental in a good neigbhorhood. The house is actually in pretty good shape...

« Previous Entries