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Prepping to Sell your Investment Property-Revisited | Minnesota Investment Property Blog

By scottficek 257 days ago from http://www.minnesotainvestmentrealestate.com

Although not an exhaustive list, there are a number of things that you should prior to putting your investment property on the market for sale. It is amazing how many real estate investors don't even bother to put their best foot forward. This is a business, you should be always thinking about how to maximize your profit and

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Tags: minnesota investment property investment real estate rentals landlords cash flow


Who do you call when your Investment Property is on Fire? | Minnesota Investment Property Blog

By scottficek 253 days ago from http://www.minnesotainvestmentrealestate.com

If you own investment property, you know it can be difficult to unplug from your phone for a week at a time. Who are your tenants going to call. What if I have a major problem at one of them, who will fix it? These are all great questions that every real estate investor struggles with. With some work up front, you can make

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Tags: minnesota investment property investment real estate rentals landlords cash flow


If I Could Purchase Only 1 Investment Property | Minnesota Investment Property Blog

By scottficek 362 days ago from http://www.minnesotainvestmentrealestate.com

In my post “I Know You Have Questions”, I asked the readers of my site to send me questions or topics that they are just dying to ask or are confronted with often. John Gall asked: “If you could purchase only one property would you choose a 4 bedroom and skip 3 bedrooms or consider all looking for the best deal with the best cash flow or over

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Tags: investment property real estate tenants landlords


What I Would Like to Say to Wannabe Real Estate Investors, but Shouldn't

By scottficek 233 days ago from http://www.minnesotainvestmentrealestate.com

Whenever anyone asks me how the market is going these days I tell them it is smoking hot. Then I always say the same thing: “If you have money, now is the time to spend it”. Are you waiting for your Internet stocks to rebound before buying property? Do you think those government bonds are going to bring you extraordinary gains?

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Tags: investment property real estate tenants landlords investment real estate minnesota rentals leases landlords evi


Once a Bad Tenant, Always a Bad Tenant | Minnesota Investment Property Blog

By scottficek 190 days ago from http://www.minnesotainvestmentrealestate.com

While I rarely see a tenant that has a great credit report, the tenants that have problems paying their rent on-time (or ever) have typically shown a history of financial and/or rental problems on their background checks. The ones that have several items in collections especially seem to have issues with rent. I guess paying la

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Tags: investment property real estate tenants landlords investment real estate minnesota rentals leases landlords eviction


Investment Property Rent Collection | Minnesota Investment Property Blog

By scottficek 299 days ago from http://www.minnesotainvestmentrealestate.com

Do you own investment property?  Are you always frustrated by the people that don't pay their rent on-time (or ever)?  You are not alone.  Rent collection is one of the toughest parts of owning investment property.  No one wants to be the bad guy!  Here is a simple, but effective way to do rent collect

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Tags: investment property tenants real estate landlords


Seeing the Real Estate Market Bottom in the Rear View Mirror

By scottficek 105 days ago from http://www.minnesotainvestmentrealestate.com

Most investors can see the incredible opportunities in the market these days between all the foreclosures, short sales, and generally the lower prices of investment properties. Add to that one of the strongest rental markets that we have seen in years and good interest rates and you could call this the perfect storm of real est

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Tags: investment property real estate tenants landlords investment real estate minnesota rentals leases landlords evi


Can't Evict Tenant if they are Always Late on Rent

By scottficek 353 days ago from http://www.minnesotainvestmentrealestate.com

A landlord had allowed a tenant to pay their rent late every month, but eventually decided to evict the tenant when they were late the next month (per the lease). The tenant took the landlord to court claiming the landlord had always accepted the late rent and therefore, what was different the month he finally decided to evict her? In other

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Tags: tenants investment property landlords real estate eviction