By kienek on March 30, 2009
No landlord enjoys going through the eviction process with their tenants; it’s expensive, time-consuming, and generally far more confusing and complicated than it should be. Each state has their own eviction laws, which only adds to the confusion, but there are certain common threads between all states. A typical eviction in most states looks something [...]
Posted in Real Estate
By kienek on February 20, 2009
Landlords and tenants love to argue, over everything from late fees to pets to sub-leasing. And when they clash, what’s the first (and cheapest) source of arbitration? You guessed it, the original rental agreement, signed by both of you. A strong rental agreement serves both to lay out the ground rules clearly, and to prevent [...]
Posted in Develop Your Skill
By kienek on February 10, 2009
Always wanted to break into real estate? For better or worse, real estate is an industry with an extreme case of “it’s not what you know it’s who you know,” which can be bad news if you’re an outsider looking in, but fear not! The good news is that, because it’s such a network-dependent industry, [...]
Posted in Develop Your Skill
By kienek on January 27, 2009
Supply & demand cut both ways, my fellow real estate junkies. Demand has plummeted, so what do we do? Swim against the tide and start buying, of course. The Purchase Plan: Double Distress Prices are down, but if you’re a real estate investor worth your salt, you still want a killer bargain. So here’s the [...]
Posted in Develop Your Skill
By kienek on January 27, 2009
Why can’t we all just get along? Because greed is part of human nature, and where there is greed, there will be someone who would rather make a quick buck through an easy lawsuit than actually create something of value. Enter: landlord lawsuits, bane of our existence, and serial in nature since everyone just loves [...]
Posted in Develop Your Skill
By kienek on January 13, 2009
You’ll hear plenty of real estate investors use the term “hard money” or “private” lender, but it’s surprising how many people in the real estate industry don’t fully understand what hard money lenders are all about. They are sometimes hated, sometimes loved, but they are neither last-minute miracle workers nor are they usurious bastards; rather, [...]
Posted in Develop Your Skill
By kienek on January 8, 2009
Real estate is cheap! It’s time to buy! Oh wait… the economy’s a disaster, and you don’t have any extra money for a glass of wine with dinner, much less buying a rental property as an investment. So what’s the answer? Why, buying without a lot of money, of course. Here are three methods that [...]
Posted in Develop Your Skill
By kienek on July 19, 2008
While real estate sales have recently been in a slump, the rental market is flourishing. Many homeowners are now becoming landlords, and renting out their unsold properties. This has led to an increased number of first time real estate investors. First time investors must educate themselves on the importance of the lease agreement, as it [...]
Posted in Develop Your Skill
By kienek on June 25, 2008
The rental population makes up a significant portion of the national housing market. Moreover, despite the current state of the real estate market, more people are beginning to see the value of investing in rental properties. However, being a property owner is no easy task and writing a rental contract is only one of the [...]
Posted in Develop Your Skill
By kienek on May 26, 2008
There are countless services enabling landlords to create rental agreements online. Understanding the important elements of a rental lease is key. The binding nature and legal implications require that all facts are captured with clarity, to avoid misinterpretations by either of the parties involved. Moreover, the contents of a rental agreement must be formulated with [...]
Posted in Develop Your Skill