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Landlord Blog: Light Bulbs

Security Deposit Return (by Dee Ann [WI] ) Posted on: Sep 3, 2021 4:03 PM Do any of you deduct for burned out light bulbs on the security deposit? We don't mind replacing them if a ladder is involved, but I'd love the departing to acknowledge and provide the bulbs. Thoughts? We provide energy saving bulbs and tell the tenants in...

Landlord Blog: Cash for Keys

Mr LL Cash for Keys [MI] I am wondering something. I have an upcoming court date to evict a tenant for lease violations. # 1 is her deadbeat BF, who now seems to be staying full time, now that the Court paperwork has been filed with the Court. My question is: She wants cash for the keys. Do you think...

Landlord Blog: Jump to Landlord Full-Time

Landlord Full-Time Any tips on going from full time job to being full time landlord? Have 45 sfh anout. 44 years old. Wife is stay at home mom of our 9 an 10 year old, so she has no work insurance.. Insurance part scares xxx out of me. Answers: -You don't have to quit cold turkey. You use your rental income to take...

Landlord Blog: Pet Fees Q&A

Pet Fees Q&A We have a renter who will renew their lease but has now added a cat to a no pet lease. We would not object because of the circumstances but feel we should charge with the new lease. ________________________________________ I just saw this in another forum, daily cost 25bux per animal - this helps with the unseen flea and urine cleanup...

Landlord Blog: Damages Caused by Others

Damages caused by others (by Lisa [FL] How do you handle repairs for things like: My house was burglarized and now there is a broken window that needs to be fixed. I came home and someone had plowed over my mailbox. When damages are caused due to criminal activity or an unknown stranger do you pay or require the tenant to cover...

Insane … Meet a Real Estate Legend Saturday Sept. 18th!

Hi ! I just got some GREAT news from my friend Lou Brown! You may already know that Lou is a living legend in real estate. He’s the founding president of the National Real Estate Investors Association, bestselling author and real estate investor for over 40 years. He has taught thousands of others his stealth secrets since 1986. Yeah, that's a long time....

Distribute Your Legacy…

Jeff Watson Being in the stage of parenting adult children, It’s interesting to watch my adult kids do the things I did, not the things I told them to do. I often see them doing what I modeled. Fortunately, most of what I modeled was acceptable and good. The principle of financial independence that I want to share with you is the importance of distributing your...

What Is Your Plan “C” (as in “Comeback”)?

I was able to learn from one of my mentors, Jeff Watson, about how real estate investors can come back from losing it all. Please read the following carefully! The current real estate market is at an all-time high, and inventory is at record lows, but it will not always be this way. I am reminded of 2005 through 2008. In 2005,...

We All Have 24 Hours in a Day…

What I learned from a great friend, Jeff Watson: We all have 24 hours in a day, and only a certain amount of that time is going to be usable for focused activities that generate revenue and produce ideas that will take your business further. You have to jealously protect those time slots and make them work for you by minimizing...

Be Smart, Stay Safe…

I'm not sure why many media people thrive on seeing others in pain, instead, we should focus on making the world a better place every day. We should smile or say "Hi!" to strangers (not shake or make contact) because random acts of kindness will be returned 10 fold. I just wanted to let you know that it’s business as usual with...