Are
You a Documentaholic? We strongly advocate keeping complete files on everything from tenants to
building improvements and equipment purchases. You can, however,
reduce the size of your files without losing any content. This
article, in PDF format, tells you how.
Balance
Sheet, The: What Does It Mean? How to read and understand the components of a balance sheet, and prepare
one for your own business.
Budgeting
Key to Investment Success. Learn why you need a budget for your investment
properties and how to
create one.
Buying
Investment Property. Check this overview for the ways you can get into an
investment property
and what it will cost you.
Do You Need
an Annual Real Estate Check-Up? There is a new breed of professional out
there: the Real Estate
Consultant. Although he may be a licensed broker, his emphasis is
not to sell but to provide his clients with unbiased information they can
use to make important decisions about their property. This article
discusses how they operate and gives examples of when their services may
be useful.
Five
Keys to Successful Negotiation. This article gives an outline of
how to carry out a successful real estate negotiation. The concepts
are applicable to negotiating a purchase, or a lease with a new tenant, or
for that matter, non-real estate matters as well.
How
Evictions Work. This article gives a very general outline of the eviction procedure.
Although the specifics vary widely from state to state, and no landlord
should rely on what is in this article as a roadmap through an eviction
proceeding in his local court, it will still serve as a good orientation
to the overall scheme of the eviction process.
How
To Cut Closing Costs. Some suggestions on how to reduce closing costs on purchases
or
refinances.
How To
Keep On-Site Managers.
Sound tips on finding, recognizing, and keeping good
resident managers.
How To
Set The Rules For On-Site Managers. If you have a written rental agreement with
all of your tenants you are
doing well. What about the on-site manager? You need a written
agreement with him even more and it should contain all the details about
compensation and his duties.
Knowing
the Difference Between Assigned Lease, Sublease. This article is a good one for
lessors of residential and commercial
property alike. It contains a succinct explanation of the practical
difference between a sublease and a lease assignment.
Landlord-Tenant
Law: An Overview. This is a nice little article from the Legal Information
Institute that will give you an understanding of the role of the rental
agreement in the landlord-tenant relationship. Also some interesting
links.
Profit and Loss
Statement, The: What Does It Mean?
How to read and understand the components of the P&L, and prepare one
for your own business.
Property
Manager’s Skill Can Make or Break a Deal. What does a manager of commercial
rental property do and why is it so
important?
Property
Rental On a Small Scale. How several landlords got started in the business, why
they did, and what
they learned.
Pros
and Cons of a Home Business. This article discusses the practical benefits and
drawbacks of running a
small business in your home. Read this before you decide to open up
shop there.
Questions
You Should Ask About Property Taxes. This is a short course in how property
taxes work and what you should know
about them when making a buying decision.
Records
And Record Keeping. What records should you keep and how should you keep
them? This
article goes over the basics.
Resolving
Disputes. Tips on how to resolve disputes with your tenants short of litigation.
Responsibility
of Real Estate, The An offering from Investment.com dealing with
the onus of getting started and surviving in real estate investment.
A starting place for the tyro, especially the involuntary landlord, i.e.,
the one who inherited or moved out of a house they cannot sell.
Setting
Up a Record Keeping System.
Paper is essential to any successful operation, even
in these modern
computing days. Learn how to determine what sort of record keeping
system is best for you.
Setting
Up a Record Keeping System.
Describes the two major types of accounting
systems and how to set them
up.
Starting
a Business in Your Home – Is It For You?
Another perspective on home business.
This one asks whether you are
a good candidate for such an arrangement.
Ten
Reasons Why Buyers Should Hire a Realtor. OK, you probably won’t want to “hire”
one, but you should definitely
consider engaging the services of one for your next purchase. This
article gives the pros.
Ten
Tips For Being a Successful Landlord.
These tips are very good suggestions on what
to look out for as you set
out on your road to success.
Understanding
Umbrella Liability. An umbrella policy is becoming a necessity
in today’s tort-claims-happy society. Find out what an umbrella
policy is and how it can help you sleep nights.
Walk-Through
the Right Way. What to watch for when you do the final
walk-through before close of escrow.
What Do
Loans Really Cost? With the proliferation of mortgage companies on the Internet
it is
possible to contact and get quotes from literally dozens of companies, not
just the few that may be in town. How do you know you are not
comparing apples to oranges when they quote you a rate?
What
Is “Fair Market Value?” This is a practical explanation of the meaning of that often
used term and
why it is important to you.
Back
To Subject Index
