The top thing in every landlord’s mind is to ensure that you don’t recruit a tenant who will only result in an eviction notice. After all, having a troubled tenant can lead to cash flow problems, which is obviously bad. On that same note, not only can this lead to financial distress, but it can be time consuming... Continue Reading →
How to Know When It’s Time to Evict a Tenant
I hate to do evictions. Do not get me wrong, I do one if I have to. But I find evictions to be costly, confrontational, and just an all-around drain. I much prefer to work with a tenant rather than evict — as it is often less expensive, less of a hassle, and it leaves... Continue Reading →
Why I Fired Property Management—And Began to Manage My Own Investments
When my partner and I bought our first investment property in 2008 in the city, our initial plan was to hire a management company. At that time, we had a management operation in the suburbs where we managed around 400 units and a couple million square feet of commercial space. The new location was away... Continue Reading →