How Do You Thrive Not Just Survive In A Market Shift? Meet Gary Wilson and Learn How!!! * At age 40, retired as Corporate Vice-President, Mergers & Acquisitions in National Banking * Completed over 100 transactions per year consistently every year without a sales team or    assistant, with virtually no marketing costs *Traded over 3,000 Investment properties in less than...

Policies and Procedures As with any business…you will need to have documented Policies and Procedures in place for consistency and professionalism in your operations. Below is a list of Policies and Procedures you will need to document: Unrented Units Complaint Security Deposit/Escrow Account Maintenance Calls Signing Out Keys – Agents Signing Out Keys Lease Renewals Move Out...

 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 that every now and then, you’re going to run into trouble with your tenants. Even good tenants can go bad. Every state has its own...

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 where you have multiple properties and you need a way to keep everything itemized by property, and you also need to have reporting...

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 and repairs than any other property. You might imagine they’re going to take a beating. Rental properties are going to take a lot...