Comments on: My Rental Property is Costing Me Money. What Should I Do? http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/ Life On Your Own Terms Tue, 22 May 2012 01:45:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Karpacz http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/comment-page-1/#comment-1414 Karpacz Tue, 24 Jun 2008 13:52:24 +0000 http://biggsuccess.com/?p=910#comment-1414 Nice Blog! Nice Blog!

]]> By: George and Mary-Lynn http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/comment-page-1/#comment-1354 George and Mary-Lynn Thu, 19 Jun 2008 23:41:44 +0000 http://biggsuccess.com/?p=910#comment-1354 @Nick thanks so much for the plug on your blog today. FSR!!! @Steve, glad to hear you are no longer on a sinking ship! @Ken, excellent points! Thanks for adding to our discussion today. @Nick thanks so much for the plug on your blog today. FSR!!!

@Steve, glad to hear you are no longer on a sinking ship!

@Ken, excellent points! Thanks for adding to our discussion today.

]]> By: Ken Pirok http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/comment-page-1/#comment-1349 Ken Pirok Thu, 19 Jun 2008 21:19:08 +0000 http://biggsuccess.com/?p=910#comment-1349 Yes, a owning a single rental property is the same as owning a small business. It takes effort and planning. You need to get a security deposit, have a good lease, keep up with maintenance, advertise, screen new tenants, and collect rents. Sounds like you're stuck having to fix it up again; whether you sell or rent, you'll maximize your profit by having a nice place. You may try to find an apartment association. They exist on a national, state, and even local level in most places. Their resources may help you as a landlord, and their members may be good property managers if selling just isn't the right choice for you right now. Yes, a owning a single rental property is the same as owning a small business. It takes effort and planning. You need to get a security deposit, have a good lease, keep up with maintenance, advertise, screen new tenants, and collect rents.

Sounds like you’re stuck having to fix it up again; whether you sell or rent, you’ll maximize your profit by having a nice place. You may try to find an apartment association. They exist on a national, state, and even local level in most places. Their resources may help you as a landlord, and their members may be good property managers if selling just isn’t the right choice for you right now.

]]> By: Steve http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/comment-page-1/#comment-1342 Steve Thu, 19 Jun 2008 16:34:12 +0000 http://biggsuccess.com/?p=910#comment-1342 I owned a rental property once and had the same problem. I sold it and never looked back. Glad not to have the headache anymore. I owned a rental property once and had the same problem. I sold it and never looked back. Glad not to have the headache anymore.

]]> By: Nick Schmidt http://biggsuccess.com/2008/06/19/my-rental-property-is-costing-me-money-what-should-i-do/comment-page-1/#comment-1341 Nick Schmidt Thu, 19 Jun 2008 16:07:05 +0000 http://biggsuccess.com/?p=910#comment-1341 Maybe hire a Management company to help you find a new tenant? Hey Mary-Lynn & George! You were featured on www.schmult.com today!!! Maybe hire a Management company to help you find a new tenant?

Hey Mary-Lynn & George! You were featured on http://www.schmult.com today!!!

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