About Bernie
Bernie is a distinguished technologist (Motorola heritage). He along with his wife invest in residential real estate in north and central Texas. Bernie loves to teach, both technology and real estate investing and so authors posts on this blog. You can reach Bernie at mentor@buysellmls.com.
In the last post we talked about holding the property for your approved tenant after collecting the security deposit. So, let’s talk about the security deposit in greater detail in this article. After you approve your tenant’s application, you still … Continue reading →
Well, I could have named this post “Communicating the results after processing the application”, which would have been both accurate and less shocking, but we all know how to communicate good news, so there’s not much teaching required for that. … Continue reading →
In the last post we talked about showing your house and collecting the application. Now, we’ll talk about how to process the application. After you have arrived at your qualification criteria for your tenants, create an “Application Instructions” document and … Continue reading →
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Let’s continue our discussion on how to show your rental. To recap, you are showing your house to pre-qualified tenants and you have taken safety precautions like the ones discussed in the previous post. Staging I made a reference to … Continue reading →
Now that you have pre-qualified your prospective tenants, it is time to show them the house. Before you show them the house, you should have completed the steps discussed in the previous post. Here’s a quick recap: Pre-qualify them by … Continue reading →
Now that you have your tenant qualification criteria established, you are ready to answer calls from prospective tenants. If you have prepared your property as we have talked about on these blogs and if you are priced below market as … Continue reading →
In the last post we talked about how to arrive at a rent amount for your property. Before we talk about answering calls from prospective tenants, lets talk about what qualifications you are looking for in a your tenant. Once … Continue reading →
The next topic in this series on the business of owning and operating rental homes is pricing the rental. We have discussed how to purchase and prepare the property and bring it to market in earlier blogs. If you are … Continue reading →
In earlier posts we talked about how to buy foreclosures. Then we discussed how to fix them up and get them ready to rent. We dove into how to create a team, how to use leverage and the various benefits … Continue reading →
We have talked a lot in these posts about how to invest in single family rental homes in the Dallas, Fort Worth, Denton area. I ask my readers to get a mentor first if they have not done it. I’d … Continue reading →
