" As ALWAYS, I am not a lawyer and I in NO WAY offering legal advice. This is just my PERSONAL thoughts as an experienced aka jaded landlord" As we discussed in 3 ways to Renew Your Lease, there are three ways to renew your lease. Personally, I use a one-page renewal letter 80% of the time. So far I have not used automatic renewals at all in my leases (my markets don't support them) and I only do full lease renewals when something huge has … [Read more...]
“Bare It All” October Monthly Rental Income Report
Many landlords are reluctant landlords trying to survive and hold on until they can get out. Many have been burned by housing prices, losing money on their rentals or are jaded because of horrible tenants. I would be lying if I didn't say that being a landlord had many ulcer-inducing moments. I have lost money, had lots of pain and agony and even had over a $4,000 repair bill on three houses in less than 36 hours. Let's just say I was very … [Read more...]