Today we’re talking about the crappiest of real estate investing—property management and dealing with tenants and toilets. I reluctantly started my own property management company when I established my turnkey company because I didn’t think I could have a successful turnkey company without in-house property management. Now my thoughts have changed, so I’m going to... Continue Reading →
How to Best Prepare for a Tenant Trashing Your Property
Real estate is not fairy-tales and butterflies like it’s portrayed by gurus and seminars. Look, eventually your property is going to get trashed, and it’s going to need a lot of repairs. It happens. That is real estate. Real estate is hard work, and it’s a roller coaster ride. So, if you can acknowledge and... Continue Reading →
How We’ve Automated the Marketing of Our Vacant Properties
Nearly all of our marketing is done online. We’ll occasionally use directional signs and a sign in the front yard for our hard-to-find homes, but these are rare and calls are few. For our mobile home and land niche targeting low-income tenants, we’ve found Craigslist, Facebook, a local classified paper, and the popular real estate... Continue Reading →