ARCHIVED BLOG POSTS
2008
TENANT BACKGROUND CHECKS: Checking Personal ReferencesObtaining references on a tenant application is important for a variety of reasons. Collecting references is a worthless exercise unless you check them out. Here are some tips:
01/31/2008
HOW TO CREATE A SOLID LEASE AGREEMENT: Part Four of FourBy Wayne GathrightPart One, Make Your Lease a Tenant Satisfaction Agreement Part Two, The Basic Lease Agreement Part Three, Build Tenant Incentive Clauses into Your Lease Agreement Important Clauses To Add To Your Lease Agreement While the...
01/26/2008
Apart from the basic provisions, you can build incentives into your lease agreement to reward a good tenant. In return, you can turn your tenant lease into a valuable marketing tool for your business, while at the same time providing extra satisfaction for your tenants.Here are a few ideas: Read ...
01/25/2008
By Wayne GathrightPart One, How to Create a Solid Lease Agreement DRAFTING THE BASIC LEASE AGREEMENT 1. Parties. Include the full names of ALL prospective tenants - these will be the only ones held accountable if there is a dispute. Be sure to include both names of a married or unmarried coupl...
01/24/2008
Make Your Lease a "Tenant Satisfaction Agreement"Every landlord struggles to write a lease that is airtight and covers every situation that might arise. "Landlords should strive to make it more - to make it a ‘tenant satisfaction agreement', says real estate software consultant and developer Way...
01/23/2008
Our collection guru Bill Gray has some advice for you: If you have old, uncollected rent files, you may be sitting on a wad of cash."A lot of landlords just give up when the tenant skips and they can't find a new address - they think that if they didn't collect the unpaid rent right away, it's a...
01/22/2008
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Screening the tenant before you rent is only half the battle. Circumstances can change, and your ideal tenant can become a potential rent collection problem. Maintaining a current and complete tenant file is a simple way to protect your valuable investment. Remember, the sooner you are aware of a...
01/17/2008
HOW TO PROFIT FROM FORECLOSURES IN ANY MARKETan interview with Alexis McGee, President: Foreclosures.com"Coming up with the money is never the problem when investing in foreclosures. There are more money partners than there are deals," advises Alexis McGee, who coaches first-time foreclosure buy...
01/14/2008
COME SUMMER, LANDSCAPING CREWS MAY BE HARD TO FINDNew Hiring Rules May Cause a 30-50% Reduction in Work Force, Drive Up Cost Landscaping businesses, a $40 billion industry, are reeling from changes in the guest worker program that is designed to allow these small and seasonal businesses to hire ...
01/14/2008
What is a 1031 Exchange and How Can It Save You Money?an interview with Michael Gray, CPA: Realestateinvestingtax.comCPA Michael Gray comes to the table with over thirty years experience is accounting and tax advising. And every year he helps his clients grow their real estate investment portfoli...
01/14/2008
