Rental Owner Updates - August 16 , 2019
TEST ADS ON DIFFERENT PLATFORMS
(c) 2019 MrLandlord.com
All Rights Reserved
   
Here's the latest edition of  RENTAL OWNER UPDATES   
which includes tips and resources for landlords,
real estate investors and managers who visit our site -- 
MrLandlord.com and who joined our free newsletter club.

We will never rent or sell your email address to others.
Rental Owner Updates is the leading email newsletter
requested by 60,000 landlords to increase their success. 
We are celebrating our 34th year helping landlords!
Forward this to a friend who may like to receive landlord updates.  
NEW ANNOUNCEMENTS/TIPS - MRLANDLORD.COM
(since our last Update issue was delivered to you)
*  TEST ADS ON DIFFERENT PLATFORMS   
* Sponsor of the Week - TenantCreditChecks.com
* No More Corded Mini-Blinds
* Membership Has Its Advantages
TEST ADS ON DIFFERENT PLATFORMS 

The next time you have a vacancy, it may help to advertise on different marketing platforms to increase the chances of filling the vacancy faster. What worked for you last time on one platform may not always work as well the next time. A regular contributor to MrLandlord shared the following tips from his experience on this very point:
 
"When you are marketing your properties, keep track of calls/emails etc., to see what source they are coming from. We had good results in the past from a Facebook group for rentals. This past go round, it was horrible. Bottom of the barrel types who wouldn't qualify to rent a broken bicycle in a third world country. This time we listed it on Zillow and we have gotten several GOOD calls from applicants who (at first glance) seem like they have jobs, income, and might qualify. 

SO if you are having difficulty renting a place, it might be worth getting a couple extra email addresses and running ads across different platforms and keeping track of where the good applicants come from.  Another tip is to track the time of the month as well. Our phone/email was blowing up the last week of the month as the deadbeats were looking for a place to go. First week of the month was quiet with only a few requests and they were better qualified."

A couple of other landlords added marketing tips to this discussion on our forum.  Click to view that exchange of ideas.

Agree or Disagree?  Share your thoughts. We welcome your feedback or any landlording tip you would like to share. Email  [email protected] .
SPONSOR OF THE WEEK - TENANTCREDITCHECKS.COM

Whatever marketing platform you utilize, always run a credit check on all applicants.  Applicants may look good but don't be fooled. Many a landlord have lost thousands of dollars because applicants appeared good, only to find out the hard way later they had left owing thousands of dollars. And now the landlord is stuck with a non-paying resident who knows how the system works and the new landlord can't get the resident before they too, lose thousands of dollars. For only $9.95 to run a credit check, it's not worth the risk.  Click now to set-up your free tenant screening account , so you will be able to run credit reports right from your home 24/7 whenever you have a vacancy and need to screen all applicants.
NO MORE CORDED MINI-BLINDS    

One landlord says that he did not get the memo about corded mini-blinds no longer being sold. If you too missed the memo, there is a discussion started about what landlords are now doing in place of the corded mini blinds, along with what some are not putting in their lease to increase liability of the resident when using higher priced alternatives.  A couple of landlords even shared what they see as advantages of now utilizing an alternative to corded mini-blinds. You can see the discussion by clicking here.
MEMBERSHIP HAS ITS ADVANTAGES

I have to apologize to you. I have not taken time to make all of you aware of the absolute best offer available on our website, that being MrLandlord Memberships. We used to offer (and still from time to time) various individual landlording resources, including books, special reports, newsletter subscription, audio and video trainings, which range in price from $19 to $199. However, we have started offering a couple of membership packages on our website, to give you MUCH bigger bang for your buck, that now includes literally dozens of the individual resources available on our site. It really is an offer that's hard to believe.  

Many of you know; I'm not into a bunch of hype. I'm telling you that this is an offer that all landlords reading this, including YOU, really need to take advantage of if you have not done so already.  For only $99 you get literally $2,000 worth of audio and video training, e-books, rental forms, and more. For $199 the deal doubles and you get $4,000 worth of landlording resources to add to your success. Even if you have previously purchased a few of the resources individually, the membership deals are well worth getting because you will still come out way ahead and get FAR more resources at a fraction of the cost by being either a Gold or Platinum MrLandlord member. 

And every quarter we are adding even more resources to what you will have access to 24 hours a day right from your computer, tablet, or phone.  Go now to the special Downloads section of our website to sign up and immediately get access to thousands of dollars of landlording resources . This will be one of the smartest (and most inexpensive) decisions that you will make that can increase your cash flow and net profits from rental property ten times over!
Make the most of the assets that God gives you!
 
Remember to stay positive, professional and in control!
 
Jeffrey Taylor

P.S.  In our last update, we shared  how one landlord saved himself thousands  simply by following the rule of always getting more than one insurance quote. That's a good rule to follow when purchasing any major supplies or services in your rental property business. I'd love to hear any experiences you have had that has saved you thousands of dollars, so that I can share with and encourage other rental property owners. This business is often challenging and can be disheartening, especially if you feel that you are alone in your challenges. Please know that you are not alone, and I will be here to offer continual encouragement and tips for your success and share your success stories with others. Email [email protected].

P.P.S. Thanks to so many of you who shared birthday wishes with me yesterday on Facebook and elsewhere. I greatly appreciate and thank you for all your thoughts and words. Your kindness motivates me to want to continue to be an inspirational and impactful teacher and trainer to landlords nationwide. Thank you!
Join Our Mailing List