See the other posts in this series: 1. So You Want to be a Landlord? Pick a Niche... 2. So You Want to be a Landlord? Analyzing Potential Properties... 3. So You Want to be a Landlord? Finance It... 4. So You Want to be a Landlord? Make it Stand Out...
So now you have your rental property...you've made it stand out...and now you're ready to rent it out. I typically recommend to investors with only one or two properties to manage … (10 comments)
See the other posts in this series: 1. So You Want to be a Landlord? Pick a Niche... 2. So You Want to be a Landlord? Analyzing Potential Properties... 3. So You Want to be a Landlord? Finance It...
Congratulations! You're an investor!! You found a home... did your homework to make sure it cashflows... then you bought it! Now comes the fun part...getting it ready to rent...quickly...and to the best possible tenants. It doesnt matter how much or how little work needs … (3 comments)
OK...so now you've picked your property niche and analyzed potential properties. Your analysis has told you which property to buy...now comes the hard part... financing it.
It didn't use to be the hard part...but after a couple years of out of control foreclosures and government ownership of banks... financing for investors is hard to come by. But there are still options.. … (2 comments)
So you've decided you want to be a landlord. You've picked your niche and you've found a couple potential properties. But are they going to be money makers?
Valuing income producing properties is very different from non-income producing properties. Even a single family home should be analyzed based on its cash flow. Therefore traditional methods of Comparative Market Analysis are not useful for income producing properties.There are essentially five methods of valuing income properties. Price per Unit This is a great "in the field" analysis. If you're looking at a 6 unit … (4 comments)
richmond va investment realtor: Landlords...a Lesson in Bad Publicity
- 08/15/09 01:20 AM
Chance are if you are a landlord... you take care of your properties. I mean it only makes sense. Properties in good repair make better homes and rent for better values. So it makes sense to have nice properties. I have remained silent on the plight of one notorious Richmond, VA landlord that has been making the local headlines. But there are some lessons to be learned from this guy. So here it is Landlords...a Lesson in Bad Publicity. Property owner complains to Richmond Voice about citations Again Lawrence gets off lightly Lawrence to skate once again? Oliver Lawrence to finally … (4 comments)
Are you ready to chase down tenants that don't pay?
Are you ready for calls to fix toilets at 8am on a Saturday morning?
Are you ready to pay your mortgage payments even if you're not getting rent?
If I haven't scared you off from your dream of being a landlord...keep reading. If I have.... thank me now because there are alot of expensive lessons that can be learned along the way. I just did you a favor. In this new series...I'll go through … (9 comments)
Author Bio: Mike Hogan (@RVArealtor), is a Central Virginia Real Estate Broker that understands the business of real estate. Having earned his MBA with a focus on marketing, there is no better choice to help market your biggest investment. Using “old school” marketing techniques combined with cutting edge social media and electronic media marketing, Mike has developed a process for marketing your home, investment property or waterfront home.
My BLOG is a reflection of my thoughts throughout the day. You'll see my general musings about various topics... ranging from real estate to martinis. Who know's what I'm going to come up with next.
So you want to be a landlord? Protect your investment and hire a property manager. 
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