The Direct Approach No landlord — especially in Minnesota — wants to deal with a vacancy when it’s 10° degrees outside (or -20° below). How do you prevent that? At least one property manager I know explicitly writes that into their rental lease. If the rental begins any time other than December, January, or February, the...Read More
Managing the (Property) Manager As millions of “accidental” homeowner-landlords have discovered the last few years, managing residential real estate is labor-intensive. That’s especially true for an older, dated home. In other words . . . . precisely the kind of home that was hard to sell a few years ago, and got turned into a...Read More
“If I Can’t Get My Price . . . I’ll Rent It!” Lots of Buyers’ agents — myself included — have heard that line lately from Listing agents (representing Sellers). How credible is that threat? My take is that it depends on the following variables: –Condition. The nicer the home, the less believable. A Seller...Read More
