August 11, 2009
Do You Do a Final Walk-Through With Tenants
This topic has been a thorn in my side for many years, but I suppose there are two sides to this coin. If you walk through the unit with tenants before they move in and as they are moving out, a written record of each walk-through could be [...]
July 19, 2009
Tired Kitchens Are Hard To Rent- part one
A variety of scenarios could leave you with a dated kitchen that makes the unit hard to rent… you just bought a bank-owned property that hasn’t been updated in 35 years, you had long term tenants who were fine with the status quo, you had tenants who trashed [...]
July 13, 2009
Do Your Tenants Have A Plunger?
For the longest time it did not occur to me that my tenants did not move in with plungers… why would they? Unless you have taken on the responsibility for making sure a toilet or sink drain is flowing well, you probably do not own a plunger.
It has become evident [...]
July 11, 2009
Easy “Greening” Steps for Rental Property
Getting green doesn’t have to cost a lot or take a great deal of time. It does take a commitment and thought process that focuses on thinking about the environment. I have a young friend who calls me “an old hippie” and thinks that’s why I recycle everything imaginable. In [...]
July 7, 2009
Why Insulate… Rebates, Tax Credits, Reduced Energy Bills!
The list of why you should be insulating and doing other energy efficiency projects is probably longer, but…
· Rebates for products and rebates from utility companies,
· Tax credits from the federal, some state and local government
· And, of course, reduced year-round energy bills
… should be ample incentives… especially [...]
July 5, 2009
Appliance Warranties & Appliance Maintenance… What’s It Worth?
Appliance warranties are a mixed bag of tricks. New furnace, air conditioning units, swamp coolers, boilers and hot water heaters come with a manufacturer’s warranty and the installer should warranty their labor for at least one year. Make sure you get this in writing.
When it comes to [...]
July 2, 2009
Are Your Tenants Celebrating the 4th Of July With Illegal Fireworks?
One of my first jobs was selling fireworks. My Uncle Billy had a corner grocery store and every year he bought cases of fireworks. At that time almost everything was legal in Missouri. I was 12 or 13 and my sister, Donna, two years younger, [...]
June 29, 2009
Are Tenants Calling at 2:00 a.m.?
Perhaps a dozen or so years as a landlord has toughened my hide, but calls in the middle of the night still send my heart racing. It took me a few years to come up with a workable solution to tell tenants what they could and could not call me [...]
June 25, 2009
Can You Fix It Yourself?
This morning I’m heading out to a rental property to correct a leaking sink drain and hook up the water supply line for a couple of swamp coolers. My plumber would be happy to do these things….at $65/hour…so off I go with my trusty landlord toolbox.
If you are comfortable taking [...]
June 23, 2009
More Water Bill Issues… OR… ”How the landlord paid to fill the swimming pool”
We have had a lot of positive feedback on our blog “Who Pays the Water Bill”, so water bill issues must be a hot topic. Here is another one that will help you realize that no matter how long you own rental [...]