Search results for leases

Landlords: Read your Leases!

By scottficek 396 days ago from http://minnesotainvestmentrealestate.com

Landlords, when is the last time you read your standard lease from start to finish? Should I dare say that some of you have never read it? Your lease is your contract with tenant. Why are you just coasting along with any old lease?

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Tags: landlord leases tenants investment property rental

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Raising Investment Property Rent | Minnesota Investment Property Blog

By scottficek 237 days ago from http://www.minnesotainvestmentrealestate.com

Obviously this can only be done when the lease renews, but how do you decide when and how much to raise the rent on your tenants? As you imagine, that can be a touchy subject. I think raising the rent depends upon a couple items. Every landlord faces this situation. Here are some tips and tricks to getting the rent increase

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Tags: investment property landlord tenants rentals real estate single family houses minnesota investment property rent leases

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What to do if your tenant won’t leave! | Minnesota Investment Property Blog

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

If you own investment property long enough, you may run into the day when one of your tenants just won't leave, even when their lease has expired. There are many twists and turns in this drama. By being prepared as early in the process as possible with good contingencies, you should be able to avoid the “What Now!”. I have

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Tags: minnesota investment property landlord tenants rentals real estate leases

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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

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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

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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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