As we take on the management of new rental properties, I have many opportunities to review the existing leases in place. I am amazed at how many of these leases are missing necessary pieces and how many are just plain horrible. Here are some … [Read more...]
Qualifying Tenants & Keeping Them!
Being a property manager can be many things; fun, challenging, exhilarating, frustrating, & some day’s downright nasty. Kind of like Minnesota weather! One of the best things you can do as a property owner/manager is find good people. It … [Read more...]
Financing Rental Property in a LLC
Whether it is a rental in Bryn Mawr, Robbinsdale, Crystal, North Minneapolis or Wayzata… if you are buying an investment property you are looking for a return on your investment for the money that you have to leave in the property. Here are some … [Read more...]
How to do Vacation Rental
How do I rent my home on as a vacation rental? Do you own a 2nd home or a cabin somewhere on a lake where the grass grows tall and spiders spin webs in the unoccupied corners while you sit in a lawn chair at your daughter’s 137th soccer game? Do … [Read more...]
Working with Tenants
Life happens… there are car breakdowns, medical bills, job loss, funerals and unexpected events in life that derail a person’s normal monthly budget and expenditures. So what do you do as a landlord when responsible for another owners rental … [Read more...]
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