You work hard on your rental units trying to make the efficient, clean and orderly. You spend hard-earned time and money to get your property business running in tip top shape.
Then the inevitable happens:
What’s that MoneyKing?
Your tenants decide to “enhance” your property with comforts that you simply forgot to provide them with!
Here’s a list:
Your [...]
This is how this works: Someone calls about your rental unit. You tell them the unit is a one bedroom renting for $600 per month. The person agrees to the charges. You set a time to meet. The person shows up. They look relatively normal. In MoneyKing’s particular case [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Mystery Tenants. Scenario 41.
Here’s something to look out for with your land lording empire:
Mystery Tenants.
What are mystery tenants?
The brother of the person you said could live in your place 3 weeks ago that just doesn’t have anywhere to [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Tenants Don’t Have Money, But They Have All New Electronics. Scenario 40.
So, if you’re new to land lording, here’s something for you to get used to: Your tenants don’t have money for their bills or their rent, [...]
For your consideration: The Easy Way To Install A Standby Generator.
You can buy a device that will power 7 kilowatt or more worth of electronic stuff in your house automatically running off natural gas or liquid propane. This device is called a standby generator. Look it up.
Anyway, you can buy one [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Burn, baby. Burn!!!!. Scenario 39.
We can’t express enough the strategy behind having unlimited access to a burn pit, incinerator, or at least someone that has such things . . .
Why Money King???!!!
Two reasons:
Anyway you shake it, most [...]
For your consideration: Why Don’t You Have A Home Cistern?
It seems that our penchant for saving and making money is completely ceaseless, doesn’t it?
Well, here’s the next greatest idea:
A Home Cistern
No. These things aren’t new. No. They’re not all that difficult to figure out. No. They don’t cost more than like [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Your Tenant’s Kids. Scenario 38.
You could spend a ton of time focusing on screening tenants for this flaw or that flaw. Here are some reasons why you ALSO need to take a strong look at their kids [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Don’t Lose Your Minibike. Scenario 37.
There are actually two lessons here. But, we’ll start with a story about one of our old tenants. We’ll call him “Larry.”
Larry lived by himself with us for about 2 years. [...]
The Money Kings are keepin’ it real, baby!!!
For your consideration: Real Estate Profits And Losses: Top 5 Times To Hire It Out! Scenario 36.
Lots of people ask us about this . . .
When you’re running properties and such, you KNOW that independent contractors have a knack for stripping you of your cash like [...]