You Didn’t Get The Rent Because My Mailman Doesn’t Like Me

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Can you believe a tenant told my buddy Dustin that???

“You didn’t get the rent because my mailman doesn’t like me.” . . . WHAT! . . . Isn’t that ridiculous . . . lol . . .

Dustin has owned a couple rental properties and has heard some good excuses in his day . . . how about this one . . . Dustin said that another tenant told him that since there was a holiday on a Monday, they didn’t want to mail the rent and have it sit in his box for too long. Soooooo, they waited until he contacted them the next week to find out what he wanted them to do. Three weeks later he finally got the rent from them . . .

Ahhhh the joys of dealing with tenants . . . it’s amazing the stories they tell.

My REI biz partner, Dusty Keefe, has been our property manager ever since we started investing in real estate. He was the lucky one to take on that position for us (well I kinda stuck him on that one) . . . hahaha . . . thanks Dusty!

Anyway, Dusty shot a quick video to share some of the worst (aka funniest) excuses that we’ve gotten from a tenant for not having the rent on time.

Check it out below . . .
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Tags: landlord, landlording, Property Management, tenant excuses, tenants
Posted in Property Management | 12 Comments »

Tips to Being a Successful Landlord

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Got tenant problems? If so, Marco Santarelli from Norada Real Estate has some tips on being a successful landlord . . .

The ultimate goal of investing in rental property is to turn a profit. To ensure that you achieve that goal it is essential that you follow several critical guidelines.

First, always make sure that you check tenant references. This can be a burdensome step and many landlords overlook it because they feel as though they have good instinct when they meet with the tenant. But, not checking references can lead to a number of problems later on. You will uncover a wealth of information about potential problems before you rent to a prospective tenant.

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Tags: landlord, landlording, property manager, property managment, real estate investing, tenants
Posted in Property Management, Tips and Tricks | 5 Comments »