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Washer and dryer for apartments

When leasing apartments, there are some features which have become standard over the years, which were once luxuries. Refrigerators and central air come to mind as good examples. Where once only the best apartments provided these for tenant-use, now only lower-tier units fail to. One feature that seems to be graduating from the “upper-end feature” […]

Security deposits are not rent

Although laws regarding them are quite clear, a lot of landlords seem to forget that security deposits are to protect against property damage. Upon the termination of a lease, if a tenant returns the property in the same condition as when they moved it, the deposit has to be returned to them. Deposits are not rent and cannot be kept without […]

A personal lesson from a smash and grab

It’s ironic that I so often blog about proper security at properties, when I can’t even follow my own advice. Last Thursday at 5:30pm I had to rush out of the office for a quick appointment. Normally, I close my laptop when I head out as it can easily be seen through the window from […]

Antique door hardware

When I began rehabbing the apartment above my office, I promised myself I was not going to cut corners. I was going to make the place all it could be, no matter the cost or time it took. One of the things I was always unhappy about was the handles and back plates on the […]

Maximizing the rent potential of shotgun units

Shotgun-style units are a dime a dozen in South St. Louis. I don’t understand how anyone ever thought they were functional, regardless of the era they were built. Perhaps we can point to the invention of air conditioning and the fact that we take privacy for granted these days, for the changes in layouts. Regardless […]

Higher rents equal higher values for real estate

Since the market began to slip in the mid-2000’s, it has become harder and harder to get favorable appraisals. Especially on investment oriented properties, such as multi-families and rental homes, with so much of the local market dominated by foreclosures and cash investors.  When there are no comparables to be found, most appraisers are going […]

Proper lighting is key to securing properties

Keeping your properties safe and secure is one of the most important responsibilities of a property owner. Failure to maintain proper security can lead to expensive vandalism and property theft or even leave occupants open to potential violence. One of the most efficient and cost-effective ways  to ensure proper security is to have proper security […]

Securing AC condensers from thieves

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 […]

Clean out those furnace filters monthly

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 […]

Managing tenants when not renewing leases

One of the most awkward situations a landlord can face is informing a tenant that they will not be renewing their lease. Whether the tenant has been in the apartment for one year or ten, it can be a delicate matter. Proper management of the situation will help to avoid lack of final rental payment […]

Effectively managing your apartments

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. […]

Avoid using handleset locks at apartments

When it comes to managing properties, its generally best to keep things as simple as possible. One of the most common “emergency” issues many landlords encounter is a tenant locking themselves out of their apartment. Even if you live nearby, having to deal with such problems can be a major nuisance. Thankfully, there is something […]

Making the most of Craigslist apartment ads

If you have ever rented an apartment, chances are you have heard of Craigslist. If you haven’t you are missing out on the best way to advertise your apartment units. And did I mention that it is free in most cities? Having placed my fair share of postings on the service, I have learned a […]

Lighting on porches improves streets

A drive down the streets in the City of St. Louis after dark can be a telling thing. Some streets that seem great during the day show a different face at night. One of the most telling things about an area during the night is not the curb appeal of a house, but the quality […]