The suicide squeeze is one of the most exciting plays in baseball. It happens when there’s a runner on third who takes off toward home when the pitcher starts his motion, expecting the batter to make some sort of contact with the ball and put it in play, thus scoring a run. Except for trying to steal home outright it’s also the riskiest play in baseball. I was with a couple of buddies this afternoon…
Category: Landlording
Beware of Professional Tenants!
I have to say that one of my biggest fears about being a rental property owner is running into a “Professional Tenant”. A “Professional Tenant†is a someone who knows the rental laws cold, knows the system, and therefore knows how to work the system†by taking advantage of pieces of the law to live rent free. Sometimes indefinitely. They can cost you several months of rent and thousands of dollars in legal fees before…
Bad Tenants Suck
This is Captain Obvious reporting! Seriously – I really like being a rental property owner. And I really like most of my tenants too. But occasionally I get some clown who decides that they’re special and they don’t have to play by the rules anymore. Like paying rent on time. So I like to deal with these people quickly, because if I don’t they get worse. So if you have been following me for any…
Newsflash – It Ain’t That Hard to Be a Set and Forget Landlord…
Here’s a news flash – being a landlord isn’t rocket science. Seriously. It just ain’t all that hard to own rental properties and make money at it. With very little work on your part. Actually – to be precise, it ain’t all that hard IF you do two simple and pretty obvious things. And that’s to heed the Two Critical Success Factors for owning rental properties. That’s all it takes. Seriously. If you simply heed…
I Have a Secret…
Yep. I have a secret. Something that I’ve never told anyone. But I have to come clean. What’s the secret? Well, I have a tenant in one of my houses. They moved in right after I bought it in the fall of 2006. They’ve been with me now for seven and a half years. The secret is that I haven’t raised their rent one dime since they’ve been living there. That’s right – they’re paying…
Landlords Score Twice!
Cheers! It’s time to celebrate! We just received some INCREDIBLE news this week. And not just one, but two major stories, coming out of two news organizations. The first story was in Bloomberg, and the title screamed “American Dream Slipping as Homeownership at 18-Year Low” I won’t bore you with a lot of the meaningless blah blah blah that bogged down most the piece, but I will tell you that the icing on the cake…