Tenants, like people everywhere, have ups and downs, and bad things happen to good tenants. When a tenant just can't pay rent and you have to end their tenancy, you can make the farewell as friendly as possible.
We have been adding items to our homes for many years that have made our lives easier. Garage door openers, motion sensing porch lights and programable thermostats were just beginning. The next step is tying it all together - is this a good idea?
There is an old English saying that goes: it's an ill wind that blows nobody any good. If we look for the good, even in a bad situation we can usually find some. We can look for some lessons we learned in our recent foray into house arrest and isolation ...
Whether you want to do it or not, sometimes evicting the tenant is a matter of your own survival. How many rent payments on how many units can you miss before the financial crisis sets in? I know of some landlords who start the process if the rent check is five or ten days late.
I've pointed this out before but it's good to consider one more time. Robert Schuller was fond of saying “Tough times don't last, tough people do.” Thomas Paine told us, “These are the times that try men's souls...
The concept of commercial real estate can be quite appealing. The idea of long term triple net leases where the tenant pays the taxes, insurance, and at least a portion of the maintenance can seem pretty good. The flip side of this is that when the property goes vacant,
President Trump has signed an executive order putting a hold on evictions. He is doing this to help ease the burden on working folks who have seen their income evaporate as businesses were shut down...
I read recently where home starts in June were up 17.3%. This was after the terrible months of March and April with a small improvement in May. This seems like good news, but not everyone was happy about it.
If you want to buy a house to live in or to invest in, there may be ways to move forward even if you don't have good credit and plenty of cash.
I recently read an article touting several large cities as great places for housing bargain hunters. While fewer homes are on the market in each of these areas, the ones that are left are going at reduced prices below pre-pandemic levels. But there is more to the story.
The magic words work best when you are dealing face to face with the buyer or seller. When you are talking about price, which ever side of the table you are on, listen to the number thrown out. Think about it...
Sooner or later you will need to hire someone to do some work on your home or investment property. For some of the smaller or less technical projects a local handyman can do nicely. However, an experienced contractor is necessary for more complex jobs.
Ideas about how to get your house for sale ready for a photo shoot, and how to take pictures.
Whether you see it as a place to live, a place to do business or as a path to fame and fortune, there is a lot to like about real estate. There is something that gives one a sense of permanence and stability that owning the place you live in gives you.
This weekend we commemorate Memorial Day. It's usually a time for getting together with family and friends for a cookout or a day at the beach. However the day is much more than that. It began as Decoration Day when communities remembered those who died in the War Between the States.
Condos and co-ops may appear to be pretty much the same from the outside, but there is a difference. Neither is inherently better than the other, but often one or the other is a better fit for the buyer.