investment properties: My education was so expensive that I don’t want to use it - 03/02/16 07:09 AM

Have you ever heard this one? “We used to have a rental but we had a bad experience and we never wanted to go through that again so we sold the property.”
 
To me that is the same as saying, “My education was so expensive and stressful that I don’t want to use it so I ripped up the diploma.”  Essentially, the expense and stress of any situation is just like paying tuition for some education.  Now that you paid for an education you should use it.  Ask yourself things like what went wrong?  What should I have done different?  How can … (1 comments)

investment properties: Rental Applications need Ninja Reflexes - 02/29/16 04:14 AM

Has anyone ever heard of or experienced this, “I submitted a rental application to this other place over a week ago and still haven’t heard back from them”?  One of my best tenants, a little old single lady with perfect credit and stable income said this right before she signed a lease with me.  Actually, I hear comments like this all the time from people looking for a place to live.
 
I’m always baffled by these comments because I can’t think of many things that would have priority over filling a vacancy.  A vacant home is one of the the biggest expenses … (0 comments)

investment properties: Fine, I’ll do it your way just stop pressuring me! - 02/26/16 02:58 AM

 
Wow, you are a real peace of work.  I guess it’s your way or the highway, right?  You sure like to flash around the little authority you have.  Well if you won’t do it I’ll take my business to someone that has better customer service.  Are you serious?  How do you expect to get anyone to ever work with you?  Do you want my business or not?  Do you know how long I’ve been in this industry?  You don’t know what you are talking about.  If you had any idea the amount of money I represent you wouldn’t be so concerned … (1 comments)

investment properties: Rental income may be passive but managing it is not - 02/24/16 07:14 AM

 
Many beginners in the real estate industry imagine their new rental will provide a care free source of cashflow.  If this is what you are hoping for, you may be in for a rude awakening.
 
Of course, being a property manager, I’m going to recommend not managing your rental yourself.  There are some real reasons for this, besides the fact that I’d like a chance to earn your business.
 
A rental property will need time and money put into it.  Over the normal course of business you will need to do bookkeeping, periodic inspections, take care of maintenance issues, find and screen new … (0 comments)

 
Jeff Stinson (Kasteel Property Management - Property Manager)

Jeff Stinson

Springville, UT

More about me…

Kasteel Property Management - Property Manager

Address: 1194 South Main St. Ste #1, Springville, UT, 84663

Office: (801) 787-1177

Fax: (801) 515-8306

This is a forum for those of us that love real estate and love to invest in it. Please leave your comments, success stories and your not so successful stories. I'd like to see them all. If you have any questions about investing in real estate please ask.


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