by MyInvestment | May 31, 2023 | Uncategorized
Bookkeeping How do you account for your income? How do you account for your expenses? The challenge comes in when you have multiple properties and you need a way to keep everything itemized by property, and you also need to have reporting because you don’t just own...
by MyInvestment | May 25, 2023 | Uncategorized
Maintenance and Repairs Maintenance and repairs; the bottom line is when you own a rental property, just like your own home, just like a car, it’s going to require maintenance and repairs. Now, for some reason, it seems like rental properties require more maintenance...
by MyInvestment | May 18, 2023 | Uncategorized
PETS, SMOKERS, AND NUISANCE CALLS My first pet policy was a no-pet policy which was what most of us do. I discovered over the years that even though I had a no-pet policy, I still had pets in my rentals. Smokers are not a protected class. You can...
by MyInvestment | May 11, 2023 | Uncategorized
Lease Rules and Regulations I have a list of rules and regulations that I put in place in my leases. This is something you can do. It doesn’t matter what lease you have. Again, you’re going to use a lease from your state board of realtors or your local board of...
by MyInvestment | May 4, 2023 | Uncategorized
Rental Leases No matter where you are, we always recommend you use the lease from your state’s board of realtors. Sometimes, you may have multiple boards of realtors in a state, so whatever board your area is serviced by, use that board’s forms. And I’m going to...
by MyInvestment | Apr 27, 2023 | Uncategorized
Security Deposits The landlord-tenant law—the primary body of law—came out, I believe in 1957. It’s known as the Landlord Tenant Act, and most states have adopted their own versions now. This is different than protected classes. With protected classes, you can’t...
