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Setting Expectations: Tenant Guidelines for HOA Success

Setting Expectations: Tenant Guidelines for HOA Success

Because HOA rules can be rather subjective, I recently met with an HOA manager to discuss lawn requirements for our rental property. It was a productive conversation, and I left with 5 key takeaways to share with our tenants and property management company. A few of these weren't on myRead More
Removing Scuffs & Scratches from Stained Concrete Floors

Removing Scuffs & Scratches from Stained Concrete Floors

The ironic thing about concrete floors in rental properties is that tenants might actually be more reckless on them because they assume the surface is indestructible... and they would be wrong.  🙂 During our last vacancy, I needed to address some marks in the floor - probably caused by dragged furniture.Read More
Mortgage Pre-Payment Plan Update - December 2014

Mortgage Pre-Payment Plan Update - December 2014

Our mortgage pre-payment effort has had a few setbacks this year, mostly due to the purchase of our 3rd duplex in May. This created the double-whammy of (1) tapping our reserves to pay for down payment/closing costs and (2) raising our rental emergency fund minimum (we aim for $5,000/duplex). [caption id="attachment_4976"Read More
How We Saved $1,454 on Our Property Taxes, Part 4

How We Saved $1,454 on Our Property Taxes, Part 4

The final chapter of our appraisal protest series. Previous posts include: Receiving Our Notice of Appraised Value, Filing a Notice to Appeal and Requesting Supporting Documentation, and Compiling the Evidence. Corey received a letter assigning him a specific day and time for two back-to-back hearings at the county appraisal district. In theRead More
Rental Property HOA Violations & Subjective Rules

Rental Property HOA Violations & Subjective Rules

Recently we had our first run in with a rental property's homeowners association; it started with a couple warning letters letting us know that our duplex had a lawn care violation. I wasn't too concerned because (1) I assumed the lawn was in violation and (2) per our lease the tenant ultimately pays any HOARead More
Landlord Efficiencies: Grab-and-Go Make Ready Kit

Landlord Efficiencies: Grab-and-Go Make Ready Kit

These days our property management company handles the day-to-day repairs for our tenants, while we still do most of the make ready work. I enjoy tinkering around the properties and fixing things up, particularly when we can work at our own pace while the units are vacant. What I don't likeRead More