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How to Repair a Clogged Garbage Disposal

How to Repair a Clogged Garbage Disposal

Repairing a jammed garbage disposal is easier than you think. We recently needed to fix a disposal while preparing a vacant unit for new tenants. The disposal emitted a soft hum with no movement, and then the motor shut off completely - suggesting some blockage had tripped a circuit breaker inside the unit. Our garbage disposal is aRead More
30 Day Notice of Non-Renewal Letter + Move Out Instructions

30 Day Notice of Non-Renewal Letter + Move Out Instructions

Because necessity is the mother of invention, I recently created this 30 Day Notice of Non-Renewal letter. It was posted on the tenant's door and an identical copy was sent via certified mail. Feel free to use or modify as needed, but please be mindful that landlord-tenant laws can vary by location. Date: MM/DD/YYYY [Name] [Address] [City], [ST] [Zip code] Read More
How Many Rental Properties Do I Need to Retire?

How Many Rental Properties Do I Need to Retire?

I've been contemplating our long-term financial goals, prompting some reading about early retirement and financial independence. I find many of the concepts inspiring - including "The Shockingly Simple Math Behind Early Retirement" by Mr. Money Mustache. (photo by Steven Depolo) Financial independence means different things to different people. The "extreme" retirement movement focuses on above-average savingsRead More
New Texas Law Could Create Headache for Landlords

New Texas Law Could Create Headache for Landlords

A Rental Realities first - today's guest blogger is my husband, Corey! He is a frequent participant of our rental hijinks, antics, and tomfoolery. Whatdaya mean my lease is unenforceable? Beginning January 1, 2014, Texas landlords have a new hurdle in enforcing their rights under a written lease: proving they provided a copy to their tenants. The new law requiresRead More
Investment Property Goals for 2014 - Staying the Course

Investment Property Goals for 2014 - Staying the Course

(photo by paraflyer) I've been distracted by tax paperwork lately, but I did want to outline our 2014 plans before too much more of the year has passed: Decrease Mortgage Debt - we're continuing to apply our excess cash flow to the mortgage principal - which has already trimmed 18 months off of aRead More
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Transitioning to a Property Management Company + Letter to Tenants

This post is a continuation of my Property Management Company series which details our property management selection process and experience. Once we decided on a company, there was a healthy list of logistics to sort out before handing over the reins, including: Contract - the Residential Leasing and Property Management Agreement outlines the responsibilities of management company and owner - such as recordRead More