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Brian Davis
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What Is A Quitclaim Deed & When Should It Be Used?
A quitclaim deed is the simplest type of real estate transfer deed, in which the owner of a piece of real estate (the grantor) merely releases (“quits”) all claims of ownership and transfers their ownership to a grantee. The quitclaim deed does not make any guarantees whatsoever about the property – the grantor simply washes …
What Is A Quitclaim Deed & When Should It Be Used? Read More »
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Top Tips for New Landlords
Building a strong relationship with a new tenant and protecting your real estate investment is of paramount importance when crafting a lease agreement. There are a multitude of considerations at this juncture that are essential to understand. As a seasoned landlord and top expert on landlord-tenant relationships here are my top tips for new landlords …
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Top 5 Rookie Landlord Mistakes To Avoid
What could be better than earning money each month while someone else pays your mortgage? Being a Landlord can be a dream come true for new real estate investors and with some work and expertise your dream can easily become a reality. We can help with the expertise, but the work you’ll have to put …
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Pay Down Mortgages Faster or Buy New Rental Properties?
If you are a landlord and real estate investor with, say, 4-5 rental properties with mortgages, and you have an extra $1,000/month you want to put to good use, should you pay down your mortgages faster or invest in another rental property? Like most questions worth asking, the answer is “It depends.” Examine Rental Investments …
Pay Down Mortgages Faster or Buy New Rental Properties? Read More »
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Learn How To Accept Electronic Rent Payments
A commonly asked question by both new and seasoned landlords is “How should I accept rental payments?” The days of writing a check have become outdated when there are many new options to take into account. Please see the pros and cons highlighted below by my team attorney Ronald L. Dunn, Esq. Many landlords are …
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Landlords- Quick Ways to Reduce Rental Vacancy
Vacant rental properties can certainly be compared to a migraine headache. A pounding headache that will only be cured by one remedy- a paying tenant. Hazard insurance, mortgage payments, property taxes, utilities, break-ins, vandalism, maintenance, and landscaping are many of the costs associated with vacant rental properties. Reducing your vacancy rates to a bare minimum …
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Landlords Can Mess Up Cash Flow Calculations
Ask a novice Landlord about Cash Flow and they’ll just subtract the mortgage payment from the rent (hopefully they’ll at least include taxes and insurance). If they’re a little sharper, they’ll build in the cost of vacancies and marketing. With more experience, they’ll start factoring in basic maintenance and accounting costs. But that’s still a …
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Landlord Tips On How To Raise Rents
Landlording and Property Management are just like any business. Real estate costs rise over time, from property tax bills, to insurance premiums, to mortgage rate increases – so landlords sometimes need to raise tenants’ rental payments or leasing fees to maintain profitability. Raising a tenants’ rent can prove a challenging situation for many landlords, so …
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Landlord Liability – Pest Control & Bed Bugs
Most of us heard the nursery rhyme warning “don’t let the bed bugs bite,” but grew up without even knowing what this mythical bed bug was. Unfortunately, bed bugs have made a rampant return, and are proving to be a major nuisance in many urban areas for Landlords and Property Managers. Bed bugs are reddish …
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How To Collect Rent Early and Improve ROI
Can you imagine tenants consistently paying on time or possibly even early? Amazing concept, isn’t it. While many tenants initially perform well, over time many become lackadaisical with their rental payments, and their adherence to the rental agreement. Try out these five great tips that will help ensure your tenants (and your rental investments)stay in …
