Hey Folks, When buying a rental property this is what I tend to look at when doing my walk through of a potential rental to gauge what it may cost me to get the house rent ready. These are some major costs your should consider when purchasing a new rental. First if you see that… Continue reading What are the highest cost things to replace,when buying a rental property?
When a tenant doesn’t pay their rent it could be very stressful for the landlord.Of course as a landlord we always want our tenants to pay rent every month on time but this isn’t always the case. Often enough when approaching the first of the month or shortly after you get those phone calls or… Continue reading Should I let a tenant stay if they made paid payment arrangements
Yes! believe it or not, there are houses with 4 walls that are livable for 30k. The biggest question you should ask is after finding a property in that price range that may not need a huge amount of work, is what is the neighbourhood like? The neighbourhood plays a vital role in the type… Continue reading 30 k for a house, deal of a lifetime?
I’m sure many of you have been in the position where you have rented a space to someone thinking they seem like they are going to be great tenant(s) with little issues but you were sadly mistaken. Qualifying a tenant can be very difficult and challenging. You don’t want the property sitting vacant for to… Continue reading How to qualify a tenant
Should I post a 3 day notice for non-payment of rent if the tenant made payment arrangements? In one word “YES” You should always post notice because if for some reason the tenant decides not to pay or something doesn’t fall through for them you didn’t waste valuable time waiting for noting and you can… Continue reading Tenant hasn’t paid rent yet, what next ?