Month: April 2015

  • Ten tips to avoid tenant complaints

    Reader Question: We own 75 units in 20 buildings. My husband has a good day job, and I manage the apartments; it is not easy work. We have had tenant complains, but we have shrugged it off as sour grapes or “It goes with the turf.” Yesterday we got a complaint letter that several tenants…

  • Seven costly mistakes of new real estate investors

    Reader Question: We just backed out of our first real estate investment deal. We took some bad advice, but luckily, discovered an undisclosed issue through a whistleblower. It made us ask ourselves, what else could we have missed? What are the biggest mistakes of new investors? Justin and Ann P. Monty’s Answer: Every year new…

  • Profit with adaptive reuse

    Reader Question: Our partnership has been in commercial real estate for 15 years. We own a number of income properties. We have been toying with the idea of converting an old, vacant building. It seems solid but in rough shape. One of the issues holding us back is we are not certain to what use…

  • How real estate relocation companies work

      Reader Question: Your recent answer to the relocating employee caught my eye. I will be asked to accept real estate relocation soon. My employer has no relocation benefit described in the company policy. Our HR director admits to limited relocation knowledge. Can you share more detail about the relocation process? Jonathan K. Monty’s Answer:…