What Happens When a Renter Dies?
It’s challenging to know what to do when a renter dies. Although this won’t happen very frequently, I have known several landlords, including myself, that …
Amortization Schedule—Your Most Important Tool
When you’re involved in real estate, an amortization schedule is your most important and helpful tool. To calculate an amortization schedule, I would recommend downloading …
Stop Doing Nothing: Practical Steps to Help You Move Forward
I have a friend who has considered rental property for years. He has read all the same books as me, attended a few seminars, and …
A Lesson on using your Resources from John the Baptist
Recently a friend of mine and I have been studying the book of John and taking a closer look at the life of John the …
Thoughts on Telling a Tenant No
A friend from church called me a while ago and asked if I was willing to rent to an elderly woman and her daughter at …
Values Matter, Regardless of Business Size
The purpose of this article is not to provide conclusive instructions on how to craft business values (a simple Google Search can connect you to …
Why a Business Plan is Important to Your Rental Business
When I first started in the rental industry (about a decade ago), I didn’t have a clear strategy. My goal was to act like a …
6 Critical Relationship for Landlords: Part 7 – Insurance Agents
For the vast majority of rental property owners, insurance is absolutely necessary. While insurance companies are great at taking premiums, they do offer valuable services …
6 Critical Relationships for Landlords: Part 6 – Attorneys
In any sort of business, it’s essential to have a relationship with an attorney you trust. While attorneys sometimes get a bad reputation, I’d argue …
6 Critical Relationships for Landlords: Part 5 – General contractors
In real estate, it’s all about having a good product to rent. Whether you fix up a property from the beginning or buy a property …