CategoryDIY

TWiRP – January 14, 2017

Year of the Renter With more vacancies due to renters being unwilling or even unable to pay higher amounts of money, property owners are scrambling to find ways to attract new tenants while keeping their current tenants hooked in. That’s why they’re calling this “the year of the renter.” Do you agree? 10 Hottest Housing Markets for 2017 Looking to invest in real estate...

TWiRP – December 24th, 2016

SLO Rental Inspections Under Fire The newly elected City Council in San Luis Obispo, California, are throwing darts at the rental housing inspection ordinance, in which rental homes are subject to routine city inspections on a three-year cycle to ensure they conform to health and safety codes. The policy was created because of concerns about dilapidated rentals, particularly in neighborhoods with...

TWiRP – December 17th, 2016

Federal Reserve Hikes Rates The Federal Reserve bumped rates by 25 basis points to between 0.50% and 0.75%, and are guided toward more rate hikes in the year 2017. Real estate economists are predicting a modest increase in home sale growth, but not as much as 2016. A mixture of caution and enthusiasm are advised in taking on the new year. Read about it in detail HERE.   Budget Friendly DIY...

Property Maintenance Companies – Do You Really Need Them?

Investigating property maintenance companies is something every landlord and property manager has to deal with at one point or another. Unless you’re large enough that you have an in-house crew, you’ll need to call on the experts to help with both minor and major issues now and again. But some people- especially DIY landlords- are reluctant to make the investment. They don’t see...

7 DIY Project Tips for Landlords

Owning a rental property isn’t easy. Part of the business is maintaining the house, which is (often) most cost effective if you do it yourself. After all, what else are you going to do in the evenings or on a Saturday afternoon? That’s why I put together a few DIY project tips for landlords to keep in mind. 1) Quality Beats Quantity When you need a certain tool for a DIY project...

Want to Improve the Value of Rental Properties? Here are 5 DIY Home Projects to Do Just That

Contrary to what some may think, it isn’t difficult to improve the value of rental properties. And while it is an upfront investment you may hate to part with, the higher monthly rent and asset value of the home makes it a worthwhile investment… if you choose the right projects. To make sure you don’t invest your valuable time and money in things with a low rate of return, here...

Developing Property that is Environmentally Threatened: Property Management for the Extremes

As society lays stake to more and more land and continues to develop it for residential and commercial space, the availability of environmentally “safe” land becomes scarce. Sometimes high demand land and property exist in a region that is prone to natural disasters. For better or worse, this land gets developed anyway, but not without the consultation of property managment and  enviornmental...

DIY: How to Install a Paver Patio

One of the best money-saving DIY projects you can do is install a paver patio yourself. It’s not for the feint of heart, as those pavestones aren’t exactly light! But considering you can do it within a weekend and save thousands of dollars, it’s definitely worth looking into. The first step is, as you may expect, to determine the shape and size of the patio. Once you’re...

DIY: How to Install a Furnace UV Light in 5 Easy Steps

As a landlord, you need to make your home stand out from the pack, right? One way to do that is to offer a healthier home than the competition, such as one with a furnace UV light. These lights have been used for years in hospitals, research labs, and other sterile environments to help kill harmful bacteria and pathogens. Over the last few years, they have become much more common in homes, as...

DIY Property Management – Are the Cost Savings Really Worth It?

Most landlords choose the DIY property management route. They would rather have that extra 10-12% coming into their wallets instead of a property management company, even if it means dealing with every problem themselves. This approach definitely has some advantages, but there are some steep costs to pay as well. This is especially true as your portfolio grows, as more properties (typically)...

Clogged Bathroom Sink? Here’s How to Clear it Out in 10 Minutes or Less

Everyone gets a clogged bathroom sink from time to time. It’s inevitable, as things like hair, soap, makeup and random other things get rinsed down on a daily basis. Fortunately, unclogging it is pretty easy and can be done in no time. There are a few different methods you can use, but they all start with the same first step. Keep in mind that you’ll want a wad of paper towels or a...

How to Fix a Sticky Lock

Whether it is a new key that doesn’t quite glide or a mailbox key that always gets stuck, a sticky lock is always a hassle! Before you go through the trouble of changing the locks or getting a new key, here are some tips to get your lock working without busting the budget or upsetting the management. In a Pinch If you are in a rush and need to remedy a sticky lock, the most convenient way...

Tenants: How to Decide When to Call Maintenance

When you’re a tenant, you normally look to your landlord to take care of you. Even though you have several responsibilities (such as keeping the home sanitary), the landlord is supposed to take care of the home itself and maintenance that may be required to care for the property. But when something breaks, should the tenant immediately call the maintenance person to come help? Or should they work...

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