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Tom Donnell
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How To Collect Rent After Tenant Breaks the Lease
Q: If a tenant moves out and breaks the lease, how do you go about making him liable for the rent? If he moves, I would not know where he went or how to track him down. Since moving in, I know he has changed jobs so that would not be an option. How do …
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5 Keys To Profitable Rentals
I’m back! I’ve been on a well deserved vacation with my wife, kids and Grandkids. What a wonderful time I’m having! But I wanted to get this out to all you would-be investors and property rental owners. This is a “must” for your success in rental properties. One of the best ways to ensure the …
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Deceased Kids’ Identities Stolen For Tax Scam
It’s bad enough when a child dies, but having their identity stolen months or years after their death can bring up the entire old trauma all over again. That is exactly what is happening to parents around the country in the wake of tax season as they discover that crooks and con artists have used …
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Street-Related Property Pitfalls That Are Easy To Miss
You know that due diligence is vitally important to any investing decision. You probably find it second nature to handle title searches, have contractors give you repair estimates, and do your own “background check” on properties before you buy. However, there is a certain type of property problem that lurks in plain sight, but often …
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How To Sign In Behalf Of A Limited Liability Company?
When a real estate investor thinks of asset protection the LLC is the first entity that typically comes to mind. As it should because the LLC is the primary defense for investors from lawsuits stemming from harm associated with real estate. Avoid Personal Liability by Signing Contracts Correctly One major reason for forming your LLC …
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Should Investors Require Renter’s Insurance?
Renters often believe the landlord is liable for everything that happens on the property–including any damage to their personal belongings. But this is not always the case. More likely, the landlord’s insurance will only cover damage to the building, while an uninsured tenant will have to pay to replace their belongings. The majority of tenants …
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How Do Parks And Recreational Spaces Effect Your Investments?
Sometimes there is more to a pleasant park than meets the eye. In fact, on some occasions you may actually lose value in a property if the recreational area is poorly policed or badly maintained. Particularly in today’s housing market, which sports many vacant houses and localities in which property taxes simply do not cover …
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5-Tips For Surviving The Housing Market
The economy is starting to improve but the housing market has yet to show any significant signs of recovery, which has homeowners nervous. Home prices are hovering near their recession lows, hit in April 2009, according to the latest Case-Shiller home-price report. It’s a buyer’s market and by many projections, it won’t shift to a …
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Bargain Prices Help Reduce Glut Of Foreclosures
A wave of foreclosures is forcing down home prices in most major U.S. cities. But economists and real estate agents are noticing what they call a key first step for any housing recovery: a drop in the glut of homes for sale in markets hit hardest by foreclosures. Low prices are leading investors to snap …
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Find A Way Or Make One
If your frustrated with the lack of opportunities that have not come your way, why not create one? Success is never an accident. It typically starts as imagination, becomes a dream, stimulates a goal, grows into a plan of action-which then inevitably meets with opportunity. Here are a few tips to move from stuck to …
