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Landlord Video Tips – Good, Fast or Cheap – Dealing With Contractors

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Dealing With Contractors

At some point as a landlord you typically have to bring in a contractor. sometimes it’s because the project is beyond your skill set, sometimes you don’t have the time and often because it’s easier.

This is where your learning curve as a landlord needs to accelerate quickly. You see, there are tons of great contractors out there that can do an excellent job, but there are also many more that can leave you disappointed.

I can’t help you specifically pick which one is which, but I can give you some guidelines about what you can expect.

These expectations fall into three categories we call Good, Fast And Cheap, I explain more in the video so go take a look and let me know your thoughts and experiences!

Did you watch the video, have you run into this in your landlord business too?

I know I’m not alone as many landlords I chat with have similar stories. So if you haven’t experienced it yet, just give it time.

As an additional note when dealing with contractors, always make sure the contractors you use are licensed, insured and have some references. Then, much like checking out your tenants before you let them in, do your diligence on your contractors to make sure everything is valid.

We’re up to video 10 already, can you believe it? Do you have questions you might like answered in our video series? If so, leave a comment below and I’ll see if I can get a video created to help you out. Remember, if you have a question, you’re probably not the only one wanting to know the answer,  just help get the ball rolling by asking it for others!

Landlord Video Tips – Dealing With Tenants – Document, Document, Document

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Documenting Tenant Issues

Ever have a problem with a tenant? Hopefully you never do, but realistically it’s just a matter of time. It might be something as simple as a miscommunication, a misunderstanding or something bigger.

To make sure you reduce these types of problems, and to make sure you have a paper trail if it gets worse, you need to document your interactions with your tenants.

In this video I provide some quick and simple tips for you, enjoy!

Finding the tips helpful, informative or even amusing? Then why not register to get them as they get released! Just enter your name and email address in the box on the top right and as soon as they get released, you’ll get notified!

Bill
The Educated Landlord

Landlord Video Tips – Explaining Your Lease To Tenants

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Leases & Tenants, Do They Get It?

Leases can be complicated documents and if your tenants don’t understand everything in your lease, do you know what happens? You develop headaches, often major headaches that not only affect your health, but your pocket book.

So what do you do? It’s easy, explain the lease to your tenant. Don’t just give them a copy to sign and walk away, that’s an easy out. Instead, go through all the major clauses, points, potential issues and the responsibilities of the tenants so you’re not disappointed. The few extra minutes this takes can make the duration of your lease simpler, less stressful and believe it or not, happier!

The accompanying video goes through this and a little bit more to help make sure your job as a landlord is as stress free as possible!

Explaining Your Lease

Explaining your lease to tenants and providing them the necessary tools to accomplish it can help turn you into an educated and informed landlord!

If you are finding these videos helpful, I’d love to hear from you and I’d really appreciate it if you share them on Twitter, Facebook and anywhere else too!

To make sure you don’t miss out on any of the upcoming posts, articles and videos, make sure you are registered on the site. That’s the big box on the top right of this page, just fill in your name, email and submit it and you won’t miss out on anything!

When it Comes To Leases…

When it comes to leases, not all leases are created equally. 

If you don’t have a custom lease designed for you it would be wise to have one drafted up. Leases tend to be state or province specific, but they can also be customized to benefit you and specifics you may have for your property (that fit within local landlord tenant law).

If you don’t have a lease or want more information about leases check out this article, You Got Your Lease WHERE?

Landlord Video Tips – Leases and the Law!

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Do You Know The Local Laws For Leases As A Landlord?

Bylaws, Landlord Tenant Acts, Tenancy Acts, Landlord Tribunals, Rental Laws, these are just a  few of the names of the local regulations and their associated acts covering leases and landlording that I have seen and heard of and I am sure my list is way too short.

You see every region, state, province, county, city and town seem to have their own quirks and rules when it comes to what can and cannot be in a lease and what control or lack of control a landlord has to deal with tenants and tenant issues.

Yet time and time again, I see landlords using leases that are completely wrong for their region because they were able to download a free copy off the internet. People, give your head a shake if you’re doing this. You have a rental property worth potentially hundreds of thousands of dollars, make sure you have a lease that protects you, even if it costs you a hundred dollars or more to get it drafted by your lawyer.

In this video I talk about making sure you use the right lease to protect yourself and making sure you know the local rules as far as what’s allowed.

Just to add to this, be careful of where you get your landlord information and advice, me included!

I’m a member of multiple landlord groups and I see landlords constantly asking questions about notices, eviction processes, leases and more. All without mentioning where they are located.

They are getting dozens of different answers that are all legal, hopefully anyway, where the person answering lives. It may not be legal in your area though, so do your homework!

If you’ve been watching several of my videos, I just changed the intro, do you like it? Leave me a comment below!

Landlord Video Tips – Better Ads Get Better Tenants

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Write Better Rental Ads And Get Better Tenants

If you don’t want to get better tenants, use ads like this 2br/2ba aprtmnt sty rental, dw.grg $795/mo

Ever see an ad like that before? Can you even read it? Well, neither can tenants so how can you get better tenants if they can’t read your ads?

Sure they might still call off of an ad like this, but just to get an explanation of what all those abbreviations meant in your ad!

It’s pretty simple, if you write better ads with more details and that are more targeted to the tenants you are looking for and you’ll start getting better tenants and trust me, you want better tenants!

The following video will give you a few additional hints and tips that you can use to help make sure your ads attract the tenants you want, need and should have in your property!

I’ve got more tips, more videos and more articles coming, if you don’t want to miss any of them, please take a minute and register your name and email on the top right side of the page and we’ll make sure you get updated with all our posts!

Need more ides about writing better ads for your rental properties?

I have another article where I talk about how to get better tenants by writing better ads that you can find here, The Secrets To Writing Better Ads To Attract Better Tenants.

The tips in that article should help point you in the right direction, plus check out many of our other articles available here to guid you even further in the right direction!

It all starts with better tenants and better tenants make your life as a landlord that much easier.

Landlord Video Tips – Renovations For Your Rental Property , A Quick and Easy Update

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Quick Renovations For Your Rental Property

Want the most bang for your buck when it comes to renovations for your rental property? This video gives you the number one update to consider for your rental property.

Fortunately it’s not an over expensive renovation for your rental either!

As a bonus I include my number one tip for making your job as a long term landlord even easier and what you need to avoid to make renting your property faster as well.

 

For more tips and updates to make you a better, less stressed landlord be sure to register for our updates on the right side of this page!

Landlord Video Tips – A Landlord’s Most Important Asset

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Understanding Your Assets

This is a simple, yet important, lesson for new landlords. Often we think the property itself is the most important asset when it comes to being a landlord, but you are missing the real asset that makes this all worthwhile.

Think you know the answer? Watch the video to make sure.

Like the videos? Want to get more tips and updates? Then be sure to register on the side bar now!