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Laminate Floor Water Damage & Mid-Lease Replacement

Laminate Floor Water Damage & Mid-Lease Replacement

Since I tout the benefits of rental property, it's only fair that I also share when things don't go according to plan. This is totally one of those times. Last spring a leased washing machine overflowed, destroying the laminate floors in one of our rentals. Our tenants had already contacted theRead More
New Water Heater Regulations - Investigation & Decision

New Water Heater Regulations - Investigation & Decision

In my previous post I wondered whether we should buy a replacement water heater now in anticipation of new energy standards beginning April 16th. The higher efficiency rating would likely increase the size of the new units, which may or may not fit existing locations. Since Consumer Reports suggested it wasRead More
New Water Heater Regulations - Should We Pre-Purchase?

New Water Heater Regulations - Should We Pre-Purchase?

(photo by Brian Cantoni) The Department of Energy is enforcing new efficiency standards for water heaters starting April 16th - prompting speculation on how these changes will affect consumers. A lot of the negative press is coming from local plumbing companies, making it difficult to determine whether theyRead More
Monday Mixed Bag - Debts, Deals & Dishwashers

Monday Mixed Bag - Debts, Deals & Dishwashers

Real life has been extra distracting lately, but we're grateful to have a property management company in place to keep things humming along when we need to step back for a couple weeks. Since I've been a little MIA recently, I wanted to share an update of recent rental happenings: MultipleRead More
Apartment Balcony & Patio Policy Letter to Tenants

Apartment Balcony & Patio Policy Letter to Tenants

Corey and I live in an apartment, so we occasionally receive courtesy letters about upcoming crackdowns. The most recent letter pertained to the cleanliness of exterior spaces - i.e. patios, balconies, and breezeways. (photo by El gran sueño) Because lease (or HOA) rules can be subjectively interpreted, theRead More
Don't Confuse Real Estate Investors with Landlords

Don't Confuse Real Estate Investors with Landlords

Be wary of the excuses people give themselves when dismissing rentals - the reality is not so black and white. Many of the perceived pain points (finding renters, late night phone calls, challenging tenants) are primarily landlord fears, and being a landlord is not the same as being a realRead More