They are – but they are critical to your success as a rental property owner. Why? Because each state has it’s own take on what needs to be in them. And that means that you can’t just go to the office supply store and buy a book of contracts or download something that looks ok and be sure that you are.
Author: Dennis Fassett
I'm pleased to report that after multiple decades of hard-headed stubbornness, I've finally figured out that all work and no play makes Johnny a dull boy. So I've taken it upon myself to convert my wife and now adult(ish) kids into a roving band of merry adventurers.
From horseback riding in Monument Valley to ocean kayaking in Acadia - all of our exploits have earned the coveted "epic" label from the younguns.
I'll tell you about them - and also about the other "adventures" I'm having in my real estate investing business.
You can also find me over at DennisBuysHouses.com
Cash Flow Real Estate Investing TV: Can We Just Be Friends?
The second biggest hurdle for new rental property owners is people skills. Don’t believe the “gurus” that tell you that you can be successful in this business without talking to tenants. You can’t. So the type of relationship you build with them is important to your success.
Cash Flow Real Estate Investing TV: Anybody Else Want to Negotiate??
This is a follow up to the Fifth Element clip from yesterday. I’m engaged in a “spirited” negotiation regarding a situation where I happen to hold all the cards. And the other guy is posturing.
Cash Flow Real Estate Investing TV: Eviction is Not a Four Letter Word
Face it, all businesses that deal with accounts receivable have uncollectable accounts. It’s simply a cost of doing business. And the rental property business is no different, and thankfully there’s an orderly, structured, and inexpensive process to deal with it. So stop being afraid of evictions. And stop letting it prevent you from owning rental property.
Cash Flow Real Estate Investing TV: Treating It Like a Business
Rental real estate is a business, whether you have one unit or 100. So it’s important to think about it that way and treat it that way.
Cash Flow Real Estate Investing TV: Danger Will Robinson – MSHDA is Pulling Back Vouchers
This is a significant development in the rental market, especially if you rely on Section 8 tenants. I’m glad I have moved away from them over the last year.