Category Archives: General

Articles that are of a more generic nature, pertaining to purchasing, fixing up, owning and operating a single family rental house or investing in real estate in the Dallas, Fort Worth, Denton area.

The Rental Business: Rejecting an Application

Posted on May 21, 2011 by Bernie

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 →

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The Rental Business: Processing a Lease Application

Posted on May 17, 2011 by Bernie

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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The Rental Business: Showing Your Rental

Posted on May 16, 2011 by Bernie

This gallery contains 7 photos.

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 →

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The Rental Business: Talking To Prospective Tenants

Posted on May 12, 2011 by Bernie

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 →

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The Rental Business: Tenant Qualifications

Posted on May 10, 2011 by Bernie

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 →

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The Rental Business: Pricing Your Rental

Posted on May 10, 2011 by Bernie

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 →

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The Rental Business: Marketing Your Property

Posted on May 7, 2011 by Bernie

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 →

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The Advantages of Investing in Single Family Rental Homes

Posted on May 4, 2011 by Bernie

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 →

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Finding Good Contractors and Vendors

Posted on May 4, 2011 by Bernie

I had mentioned in one of my earlier posts that I will get into the details of finding and keeping good contractors and vendors. This post is about that. If you follow my articles you must realize that I place … Continue reading →

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Evaluating Single Family Rental – Income Approach

Posted on May 2, 2011 by Bernie

This is the second method of evaluating a single family rental home. We talked about the first method, Comparative Market Analysis earlier. If you are new to this blog, please read the page on Getting a Mentor first. When you … Continue reading →

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