Real Estate Investor Times

VACANT THOUGHTS…MUSINGS OF A LANDLORD
By Michael Scalf

Common concern people have when contemplating buying rental property

A common concern people have when contemplating buying rental property is the fear of buying a “money pit.” I share this fear and I have evaluated and walked away from more deals than I have closed because of this possibility. Although the fear and concern is real, it...

Year long leases are more trouble than they are worth

Keeping single-family tenants locked into a year-long lease is a bad idea for the landlord. Several years ago, I made the decision to make all new leases a month-to-month agreement. A longer-term lease causes more problems than it solves.  Nearly all of my tenants...

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