by MyInvestment | Oct 12, 2023 | Uncategorized
Evictions This is the final, big piece of information you need to know when you get into the rental business, because at some point, it’s going to happen. It’s not a matter of “if,” but “when” so let’s get started. In spite of your best efforts, the reality is...
by MyInvestment | Oct 5, 2023 | Uncategorized
Bookkeeping When you’re first starting off in this business, you’re probably going to do bookkeeping on your own, which is fine. You want to keep track of all your income and all your expenses. It really comes down to being that simplistic. The challenge comes in...
by MyInvestment | Sep 28, 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 | Sep 20, 2023 | Uncategorized
Rules and Regulations Violation of the rules and regulation shall be construed as a breach of the terms and conditions and a forfeiture of the lease agreement. The landlord, at the option, may end this lease agreement by notice in writing and tenant may have no...
by MyInvestment | Sep 14, 2023 | Uncategorized
The Lease 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 emphasize...
by MyInvestment | Sep 8, 2023 | Uncategorized
Security Deposits We’re going to start with security deposits. This is a very hot topic. There are some federal guidelines. The landlord-tenant law—the primary body of law—came out, I believe in 1957. It’s known at the Landlord Tenant Act, and most states have adopted...
