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This is a hot topic in many areas right now!
From property lot lines to someone actually gaining entry to your property and living there, many real estate investors have to be very careful about what you buy, how you manage the land and the structure, and protecting your vacant property.
In this episode we are talking about the law behind squatting, also known as adverse possession. We will discuss the history behind it, where it has gone wrong, and what some states are now rushing to do and correct the problem.
This is a two-part podcast episode. This week is all about what it is and how it can affect your rental property. Next week we will discuss what to do if a squatter moves into your rental and how to protect yourself from it even happening in the first place.
LINKS
👉 Episode 68: An Interview with Self Managing Landlord, Dan Borrero
👉 NOLO: State by State Rules on Adverse Possession
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Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
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If you have not heard of Dan Borrero, owner of USA Land Ventures, this is your chance to learn from one of the best in the business.
Since 1989 this investor started his journey as a self-managing landlord and, at one time, had over 300 units he and his team managed! As retirement is creeping up, he has made some changes and is beginning the process of reducing his portfolio to manage, which is now down to just around a hundred doors or so.
We are talking entrepreneurship, building a team, risk management, and so much more! Dan is a wealth of knowledge not only for rental properties and investing, but also with his outlook on life. He really knows how to put things in perspective, and we sincerely enjoyed the hour we were able to spend with him during this interview.
LINKS
👉 Episode 20: The Nuts and Bolts of Residential Rental Property Insurance
👉 Episode 21: Rental Property Insurance Part 2, Interview with Ryan Bravo
👉 Episode 39: 50+ Must Ask Questions When Hiring a Property Manager, Part 1
👉 Episode 40: 50+ Must Ask Questions When Hiring a Property Manager, Part 2
👉 Episode 16: Is Holding Your Rental Properties in an LLC Right for You?
👉 Episode 56: How and When to Transfer Your Rental Property Into an LLC
👉 Connect with Dan:
Email: DanielBorreroJr@gmail.com
Website: https://USALandVentures.com/
Instagram: https://www.instagram.com/usa_land_ventures/
YouTube: https://www.youtube.com/@USALandVentures/
👉 Text Us a Question! This is a one way text system only. If you want us to respond, you must include your email on the text.
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
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▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
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*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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First and foremost, let us clarify that this is not YOUR landlord property insurance. Renters insurance is taken out by the tenant to cover their personal possessions.
A few years ago, we only “suggested” that our tenants take out a policy, but we now REQUIRE it from all tenants because it covers way more than just the tenant’s personal property.
In this episode we are discussing what renters’ insurance is, why you should make it mandatory for all tenants to have a policy, and how their policy (at no cost to you), also covers you.
LINKS
👉 Episode 20: The Nuts and Bolts of Residential Rental Property Insurance
👉 Episode 21: Rental Property Insurance Part 2, Interview with Ryan Bravo
👉 Your Landlord Resource has teamed up with Toggle, a division of Farmers Insurance that offers competitive pricing of renters insurance for tenants.
Policies start as low as $5 a month!
Download this PDF to present to your tenants with your renters insurance request! Toggle Renters Insurance Flier.pdf
👉 Text Us a Question!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
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👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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When it comes to business, ANY business, the name of the game is to be constantly evaluating where you are and where you could be.
Besides the fact that our expenses have increased significantly across the board for all of our properties, we are in a growth mode and are looking to earn as much as we can to continue to scale our portfolio.
This is not us being greedy or money hungry landlords. We do not impose unfair fees on our tenants or charge for amenities that should be included with the rent. This is a business strategy where we analyze and evaluate what we can do to increase revenue in our prime location properties.
In this episode we discuss why we decided to swap a long-term leased unit in our 6-plex for a midterm option. We give all the details of why we switched, what that change entailed, and what we have learned in the process.
LINKS
👉 Episode 63: What You Need to Know About Owning Rental Property in an HOA
A landlords one stop shop for tenant management…for FREE
You can’t beat free and the only time you pay is if you want to purchase a lease or have expedited rent deposits. Most everything else costs zip, zero, zilch.
Sign up for a FREE Account at Turbo Tenant
👉 Text Us a Question!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
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▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
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*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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Lighting fireworks and throwing summer BBQs are an American tradition! We all want our tenants to enjoy themselves while living in our rentals, but we also want them to be safe.
This is why we have put together several 4th of July and summer safety tips for you to share with your tenants.
From fireworks and grilling to pool time and parties, we are giving you all the information to create a gentle email recapping dos and don’ts before the fun kicks off. Not to mention how to remain safe while celebrating all summer long.
BONUS! We have created a FREE PDF download of rental property summer safety tips to share with your tenants!
LINKS
👉 OOPS! We thought we had already completed the podcast for Why Landlords Should Require Renters Insurance, but apparently, we had not. Check out our blog Why Landlords Should Require Renters Insurance for Tenants instead.
👉 Pool Rules Sign
👉 Water Spigot Lock (Can Style)
👉 Faucet Lock (Brass)
👉 FREE PDF BONUS: 4th of July/Summer Safety Tips
👉 Text Us a Question!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
👉 Like us on Facebook
👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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No matter what the situation is, be it a nice vacation, medical leave, or having to care for someone else, we have all been there.
But when you are a DIY landlord, how do you take an extended period of time off and leave your rentals?
This episode is several tips on ways to take that time away without worry.
From learning about the importance of timing the leave to the different means of replacing yourself, we are covering the methods that have served us and many landlords we know very well when taking time away from our rental property portfolio.
LINKS
Hemlane is a software that is built to grow with your needs as a landlord.
For a minimal amount, there’s a really good basic package but what we love is the option to upgrade and add 24/7 maintenance management on.
It gets better! If you reach a place where you are ready to hand off management to a property manager, Hemlane has that too under their “Complete” option.
Don’t know how to create a QR code? Go to the free site, QR Code Generator, and input the link to the pdf or online site for the use and care or troubleshooting guide for each appliance. Download a PDF of the QR code and input into a Word Doc to share with your tenant, either by email or in a tenant binder that stays in the unit for them to reference when they have a problem.
Never Pay for Covered Home Repairs Again.
Choice Home Warranty is the most comprehensive, flexible, and value-priced on the market.
Get local pre-screened technicians, if we can’t fix it, we’ll place it, and receive 24/7 home warranty service.
👉 Text Us a Question!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
👉 Like us on Facebook
👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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So, this subject might seem obvious to those landlords who are a bit more established but for those newbies out there, this one’s for you!
House rules are your regulations and guidelines that need to be noted within your lease to protect you and your tenants by establishing clear expectations between all parties involved.
Because believe it or not, tenants do need these guidelines to ensure a peaceful living environment and experience for themselves and any other tenants in the property.
And we wholeheartedly agree that house rules define the expectations you have for your tenants when it comes to responsibility, respect, and behavior.
Essentially, you are creating boundaries to minimize any issues or disagreements that may arise down the line.
For us, many of the rules we are talking about today are a bit obvious. However, for many of you, your own rules likely will arise from errors in judgement or prior lack of detail that led you to a place of frustration.
So, check out what we feel is important to know about house rules and see if you need to make any changes to your own!
LINKS
👉 Episode 61: Fair Housing and Emotional Support Animals (ESA’s)
👉 Our Pet Policy: Contact to Learn More. Let them know you heard about them from Your Landlord Resource!
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👉 Text Us a Question!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
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👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
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*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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When it comes to rental properties and animals, there are a lot of things to consider. You (for now) have the right to refuse pets, but you do not have the right to ever refuse a service animal.
We will say that, for the most part, we do not allow pets in our units. So, when an applicant or an existing tenant comes to us with a request for a service animal, we are not thrilled to say the least.
And we are not concerned with service animals in the traditional sense, you know, the ones who guide the visually impaired or the ones who walk alongside someone in a wheelchair and help open doors and pick dropped items off the ground. Those animals are very highly trained and are certified and registered assistant animals.
Today we are discussing ESA’s or emotional service animals that now have rights through the Department of Housing and Urban Development under Federal Fair Housing laws. In many cases (not all), these ESA’s are glorified pets. There is no training, there is no certification. The doctors who authorize these pets very rarely even meet the pet to see how it interacts with the patient and observe if it is a good fit.
When it comes to these service animals in rental properties, there are many questions that come to mind like, will it damage our units? And then, if it’s a dog, will it cause a commotion and disturb the other tenants? What are WE going to have to do to make this accommodation request amicable? Do we have any rights in the matter of allowing these service animals?
These are all things and so much more that we are discussing in our episode today. So, grab a coffee and give it a listen while we go over what you need to do if you are faced with this request.
LINKS
👉 Episode 36: ESA Insights and Pet Rules, an Interview with Logan Miller of Our Pet Policy
👉 Our Pet Policy: Contact to Learn More. Let them know you heard about them from Your Landlord Resource!
👉 Email us Your Questions!
Stacie@YourLandlordResource.com
Kevin@YourLandlordResource.com
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Download our FREE Forms and Documents!
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
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👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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We know this sounds crazy, but if you really pay attention to how often you pick up your phone, you’d be amazed.
They are called smart phones for a reason. They are compact and easy to carry for a reason. They have amazing cameras and video and apps to use for a reason.
So, are you using your phone for all its capabilities? In this episode we break down all the tasks we use our mobile phones for when operating our rental property business.
We know we should not be as dependent on this little electronic device as we are, but it sure does make managing our rental properties so much more efficient!
LINKS
👉 Set up a FREE Account with TurboTenant Landlord Software
👉 FREE Email Template: How to Help Tenants Cope Through a Heat Wave
👉 Episode 9: Helping Tenants Cope Through a Heatwave
👉 Blog: Tips for Taking Great Rental Property Photos
👉 Photography Tools: Smart Phone Tripod, Gimbal (Stabilizer for Videos),
Matterport (3D Virtual Tour/360 Degree View)
👉 YouTube Video: How to Clear a Jammed Garbage Disposal
👉 Create a QR Code: QR Code Generator
👉 Our Favorite Accounting Software: QuickBooks
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
👉 Like us on Facebook
👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.
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There is nothing worse than showing up to one of your units and seeing damage. Well, the only thing that might be worse is a tenant who believes they are not responsible for that damage and is calling it standard wear and tear.
We are using our personal stories to show you how we have combated this problem with our own properties and giving you some tips on how to set yourself AND your tenant up for success so that, hopefully, you won’t have to be bothered with this issue.
Give this episode a listen and learn how you can avoid this potential problem with your rental properties.
LINKS
👉 Episode 7: A Guide to Move Out Procedures and Security Deposits
👉 PDF: HUD Appendix 5C, TENANT DAMAGE versus “NORMAL WEAR AND TEAR”
👉 Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant
👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!
On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.
On Spotify, please click the 5.0⭐ on our the front page of our podcast page.
👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.
👉 Follow us on Instagram
👉 Like us on Facebook
👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro’s ▪️ Podcast Links
Check out samples of our newsletter👇 If you love it, you can subscribe from there!
*This post contains affiliate links. We may earn a very small commission (at no additional cost to you) if you purchase from here. These small commissions are to benefit our business so thank you for your support.