29th March 2007

“Pirates” applying for tenancy

Ok, so this is just a quick amusing story before I rip Wells Fargo a new one in my next post, so stay tuned.

The other day, I was showing one of our vacant rental houses to two guys who were all hot to see the inside of this property. Read the rest of this entry »

posted in Care and Feeding of Tenants | 2 Comments

19th March 2007

How to Repair a Shower Stall

Recently one of our tenants moved out and upon inspection of the master bath shower stall I was greeted by the sight of this:

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posted in HowTo | 11 Comments

9th March 2007

Why Wells Fargo Home Mortgage Sucks

One of our properties is mortgaged with Wells Fargo Home Mortgage. Now, I should mention that there is nothing special about this loan. It’s not an ARM or a second mortgage or even sub-prime, it’s just an investment property.

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posted in Mortgage, Real Estate Investing | 159 Comments

6th March 2007

Oh Please Let This Lady Be My Tenant

Yesterday I showed one of the vacant rental houses to an older lady (65-ish) and her Mom (85-ish). When I arrived at the property, both of them were in the back yard looking at one of the fruit trees. A good sign.

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posted in Landlord/Tenant | 4 Comments

1st March 2007

A Good Tenant Lost

So today, I met with the tenant who is breaking his lease for a “walk through.” I had stopped by the house a couple of days ago and saw that he was pretty much moved out but the place was a royal mess which he promised that he would clean.

Sad to see you goWell, except for a couple of dirty walls and a cracked toilet base (how that happened I don’t know) the place looks like the day he moved in. And I should mention that he was the first tenant after we fixed the place up.

If more tenants were like this guy, I might feel like buying more rental property.

posted in Care and Feeding of Tenants, Property Management | Comments Off

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