Category: Greg’s Blogs

What exactly is a rental application? A rental application is a document that landlords use in the process of finding suitable tenants for rental. It is a form that a prospective tenant must fill out that lists pertinent information about the individual such as full legal name, current address, and monthly income. This information will […]

Many landowners worry about protecting their investment from insurance claims, property damage, and lawsuits from tenants or any other way that they could end up losing money. Limiting risks of rental business can be simple, all you have to do is learn where you are susceptible to risk and then take necessary steps to reduce […]

As a landlord, you will have to be aware of many property codes that your property must adhere to. Every state has specific building codes, which dictate the minimum standard to which each building must conform to. In addition, in many areas, there will be other codes to follow as well such as housing codes, […]

When advertising property for rent, you should consider using several different advertising methods in order to appeal to as many people as possible. The type of advertising that will work best depends on several factors. These factors include the characteristics of the particular property, its location, your budget, and whether you are in a hurry […]

Strategies for using a Rental Lease in Real Estate A rental lease is a written rental contract binding the parties involved for a specific period of time with a definite starting and ending date, usually one year. A lease will protect the tenant from rent increases and changes in terms unless the lease provides for […]

I get a lot of questions about the $8,000 tax credit and how it can impact real estate investors. There is a major benefit to buying an investment property, fixing it up and then market it using slogans like “take advantage of the $8,000 tax credit while you can!” BUT first you need to understand […]

Bank owned properties are the perfect choice for real estate investors. These bank owned properties are homes that the bank repossessed and didn’t sell at auction. Buying bank foreclosures is favored among many experienced real estate investors, because the price is right, and transfer is quick. bank owned properties can consist of residential homes, commercial real […]

One of the dangers when becoming involved in evaluating an investment is making sure you can make a profit. After all, the whole point is to make money, so you don’t want to blindly buy homes without crunching some numbers first. To calculate the return on your investment, you’ll need the gross annual income of […]