Who Was Your Quirkiest Tenant?
I’ve had a married couple in one of my rental houses for 16 months. I have them mail their monthly rental checks to my PO Box, as I do my other tenants. Yesterday, they called and asked me to give them...
View ArticleSwimming Pool Issue
. . The search continues for a new investment house. As soon as my wife and I identify & purchase our next fixer-upper, we will move into it and rent out the one we are in now. A lingering question...
View ArticleShould I refinance my house to buy a rental house?
Everything depends on how long it takes to generate some equity in your house. And, of course, that depends on the situation that the market is in. Right now, as I'm sure you know, housing values are...
View ArticleOwning a rental house is better than having a pension
Owning rental houses far exceeds the benefit of the pension that you may receive from your job.
View ArticleHow to Prepare a New Rental House for Tenants (video)
Get your rental house ready for tenants by following my 5 steps. I also recommend four of my favorite repair books for your real estate library to guide you through the process of repairing appliances,...
View ArticleIncrease profits by improving your rental property
The biggest challenge I had was that my existing tenants paid way below market rent and rent control would not allow me to increase rents beyond 0.7%-2.2% each year. I felt stuck.
View ArticleSilent Wealth Generation with Rental Properties
When you own a rental property, two silent forces at work to increase your wealth: 1.) principal reduction, and 2.) increasing equity. With each mortgage payment, you decrease the amount that you owe...
View ArticleOur First Rental House Plunge
By Terry & Angy Sprouse We (Terry & Angy) are partners in both marriage and in real estate business. Who says married couples can’t be business partners? And the great thing is we have never...
View ArticleHow I Evicted A Problem Tenant in 4 Steps
I recently did my first tenant eviction. It’s something I always felt a little queasy about doing, since the procedure was kind of hazy to me. But I found the whole process fairly easy. Contrary to...
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