Category Archive: Rental

A Little Bath Room Rehab

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Bath Room Face Lift: As you can seen in the pics the bathroom is a bit dated but that is not the whole reason for replacing a bath. If you look in the pic with the vanity missing on the left you see plywood. Plywood under tile over time has a tendency to get loose. Why? Wood …

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How are Your Repairs Going?

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Who does your repairs? You or a contractors? After a tenant leaves do you paint or just clean up? I have a tendency to repaint the unit. I don’t know what it is about a fresh coat of paint. One color I don’t like to use is white. I feel white is OK for the bathrooms or Kitchen  …

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Gen Y The Next Wave of Renters

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Who if Gen Y? Well that term is subjective no one can agree on the the years. I like the years that the book “The Age Curve” has, so I will use that. Baby Boomers 1946-1964 Gen X 1965-1984 Gen Y 1985-2010 according to the book the last generation was 25 years long has not …

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Rental Licensing Ordinance

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What is a “Rental Licensing Ordinance” is a sense to Police landlords. Skokie a suburb of Chicago wants an Ordinance that will require property owner and/or property managers to pay per rental. It is $10 per unit for property managers and $25 for owners. I don’t thing they fees overlap its one or the other. Is this good? The city would …

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Savers are Losers (Part 2)

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Yesterday my post gave examples of how saving in a bank people lose money. Now I will give you examples of how you can make more. May favorite investing strategy is real estate investing. I will give you some example of investing with out getting dirty or leaving the house. Well you might want to leave the house. How do you …

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Smoke Free Living

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With Wisconsin anniversary of the smoking ban in buildings, 2 years now. Now it is time to get them to stop smoking in and around your units. Living in a apartment house a smokers smoke can get into another apartment. If you’re anything like me I HATE the smell of smoke. If you smoke and want …

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10 Things even Donald Trumps Does.

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This is list is in no particular order, kind of. 1 Run your apartments like a business. Your unit(s) either being 1 or 10 is a business. Have business card, a separate number for your tenants to have. Have all or most  the forms you need to communicate with your tenants. 2 Screen your tenants …

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Apartment Vacancy at its Lowest in Years.

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Have you read any article over the last 10 days about how low vacancy is? I guess Reis came out with its 2nd quarter results for apartments. So every one now is coming out with what they think it meant. I have read a few articles that is multi-family in a bubble. How did they …

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NO RENTALS!!

By: Shane Adams

In some markets rental are becoming scarce. With the population growing and Gen Y’ers are starting to move out vacant apartments are in short supply. What does that mean to building owners? 1. More qulified tenants. 2. Higher rents. 3. Faster turn-over. What does it mean to tenants? 1. Need to watch spending (to qualify for apartment) 2. High …

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Is a yearly rental fee good or bad?

By: BuzzFarmers

Not to far away in Merrillville Indiana the city consul voted to a implement a $100 rental fee. Per the article Click Here to read it, it is per unit. Now I get that some property managers and landlords could not maintain the properties. But the money that will be collected to my understanding is going to go to the …

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