One of the most dreaded events in the life of a landlord is when you have to give a tenant the boot. Whether it's because they don’t pay rent on time, tear up their unit, or cause some other nuisance, bad tenants can turn a profitable rental property into a property management nightmare. Eviction and Cash for Keys can be good options for handling the getting rid of the worst violators, but many times...
by Matt Kastner Nothing hurts a landlord's pocketbook or pride like being the victim of theft or vandalism. Prior to PEX plumbing the main security issue facing landlords and homeowners in St. Louis and around the country is copper theft, but there are many other temping targets at any property. One particularly expensive and "easy to steal" component are AC condensers. With thousands of dollars of materials and labor...
by Matt Kastner Whether you are talking about your own home or a rental property, nothing is quite so fun as replacing light bulbs. No matter how quickly and easily the change can be done, it's amazing how long we all tend to put off such menial tasks. One of the best ways to cut down on this hassle is by using compact fluorescent (CFL) light bulbs instead of the traditional incandescent....
by Matt Kastner One of the biggest maintenance issues landlords and homeowners face at their properties is with their heating and cooling systems. With the extreme heat of St. Louis summers and extreme cold of St. Louis winters, our environment can certainly put a strain on these systems. Annual maintenance by your HVAC technician is always a good idea, but there is one simple thing you can, and should, be doing ever...
by Matt Kastner An often overlooked side of owning investment property, is how to manage the property in the most efficient way. Simply throwing in any tenant and letting the property sit idle could eventually lead to major troubles. Although, some things take time to employ, in the long run they can make your life a lot easier. The following are a few tips to help your investment run a smoothly as possible:...
by Matt Kastner Filling vacancies in your apartment units quickly can be the difference between success and failure with real estate investments. Looking for tenants anywhere you can find them increases your odds of success, but never forget that not all situations are equal. One area to be especially careful of is when working with renting to family members. I am not talking about renting a unit to a member of your own...
by Matt Kastner Trash is never-relenting enemy in urban areas. Your tenants can be the cleanest on the block, yet trash will find a way into your yard. Those "free" newspapers that seem to appear out of nowhere on your front porch are a particular pet peeve of mine. Regardless of where it comes from, it needs to be taken care of. You'd think people would realize that by now, but I find myself constantly astounded at how...
by Matt Kastner Seeing as it has been sleeting and snowing all day, I figured I'd make mention of the issue of icy sidewalks. Spreading ice melt prior to a storm or getting quickly around to shoveling snow at your properties is not always a realistic option. It's usually a gray area on who's responsibility such work is as well. One way to appease your tenants in this situation is to have some salt or ice melt and a snow...
by Matt Kastner