The Reluctant Landlord

  • Home
  • About Us
  • Archive
  • Work with Me!
    • Guest Post
  • Contact
  • Disclaimer
  • Self Management
  • Military & Real Estate
  • Buying & Selling
  • Property Manager
  • Our Strategy
  • Books
You are here: Home / I am a Reluctant Landlord / Landlords: Stay out of Trouble With These 5 Rules!

Landlords: Stay out of Trouble With These 5 Rules!

November 22, 2014 by Sarah Collins Leave a Comment

This post may contain affiliate links.

Five Rules to Keep you out of Landlording Trouble!!

Landlords: Stay Out of Trouble With These 5 Rules

Stay Out of Trouble With 5 Simple Rules:

Following these simple rules will keep you out of most landlording trouble.

  1. Evaluating Self-Management vs. Property Management with ALL the fact to determine what is best for you.
  2. Treating Your Rental as a BUSINESS.  Would any business accept a sob story at the checkout counter?
  3. Having an O-SHOOT Fund.  Murphy’s Law means that Murphy will find you; the toilet pipes will explode despite your regular maintenance. Having an “O-shoot” fund will mean you can get water mitigation services out to your property in a flash to lessen the damage and maybe save the floors!
  4. Keeping Your Rental At MARKET RATES. Be aware of rental pricing in your specific market. Who knows? You could be well under market and missing out on more income or you could be scaring away potential tenants who think your price is too good to be true!
  5. Following Your LEASE NO MATTER WHAT– as seen in my article $650.49— you can save yourself tons of hassle and money by having a clear and concise lease that you follow to the “t”.

What “rules” do you live by?

0

Filed Under: I am a Reluctant Landlord, I am a Small Time Landlord, I am an Empire Builder, Self Management

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

I love my family, my country and real estate. My goal is to retire early through frugal living and real estate investment. I am making great strides and want to share the information I've learned through the process. Read More...

CHECK OUT MY BOOK!

Sign up for the Newsletter
JOIN HUNDREDS OF OTHERS IN RECEIVING OUR FREE WEEKLY UPDATES STRAIGHT TO YOUR EMAIL INBOX!

Most Popular Posts:

  • How to Create Freezer Meals for One Person
  • 3 Ways a Landlord Can Split the Utilities
  • How to Set Up Your Rental Accounts
  • The Solution to a Broken Lease: The Buy-Out Clause
  • What are a Military Widow’s Death Benefits?
  • How to Get Rid of Cat Urine in Cushions, Carpet and Clothes
  • How to Write an Incredible Lease
  • How to Write a One Page Lease Renewal!
  • Is it Worth Buying a House if You Move Every Two Years?
  • Landlords: Should You Include a Washer and Dryer in Your Rental?

GET THE BUTTON


More Posts from this Category

Search

Categories

Archives

Copyright 2023, The Reluctant Landlord. All Rights Reserved. Custom design by Pixel Me Designs
Sign up for the Newsletter
JOIN HUNDREDS OF OTHERS IN RECEIVING OUR FREE WEEKLY UPDATES STRAIGHT TO YOUR EMAIL INBOX!
[close]
Brought to you by
Displet