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Hard Money Lender Investors

Is Multifamily Property a Good First Investment?

Posted by Ken Meyer on Wed, Mar 27, 2019

There are strong pros and cons to buying multifamily property as a first-time investor. By understanding them, you can make a more informed decision. In this article we discuss both the pros and the cons.


Multifamily can mean duplex, triplex, quadplex or a complete apartment block. Any property with more than five units is considered commercial rather than residential, so loans may be more difficult to obtain, and finding and managing a large number of tenants requires experience, skills, and abilities many first-time investors do not have. Let us begin with the investor, then move on to the property.

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6 Types of Problem Tenants

Posted by Ken Meyer on Wed, Feb 20, 2019

There are good tenants--and then there are bad tenants. Even with background checks and credit checks, applications and interviews, sometimes these tenants slip through the cracks. Here are a few of the worst types of problem tenants and some tips on how you can spot them before it's too late.

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5 Tips About Security Deposits

Posted by Ken Meyer on Tue, Nov 06, 2018

Handling security deposits is an important part of your job as a landlord--but how should you deal with them? What are they for, really? There are several key things to keep in mind when you're dealing with security deposits.

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5 Necessary Maintenance Items to Keep Rentals Running Smoothly

Posted by Ken Meyer on Tue, Sep 11, 2018

Your rental property is an important investment--and like any investment, you need to pay close attention to it in order to keep things moving smoothly. If you have a rental property, make sure you're taking care of the basic maintenance necessary to leave your property in great shape. Not only will this help attract better tenants, it will increase the odds that the tenants in the property will take better care of it.

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How to Handle Legally Raising your Rent in California

Posted by Ken Meyer on Tue, Jul 10, 2018

California is known as a state with heavy regulation. However, it is not one of the states which has a limit on rent increases. Rent control is limited to units constructed prior to 1995 and can only apply to a current tenant.

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The Pros and Cons of Including Utilities With Rent

Posted by Ken Meyer on Tue, Jun 19, 2018

One of the questions a new landlord must ask themselves is whether they should include utilities with the rent. There are a number of things to consider:

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4 Reasons You Don't Need to See a House Before Buying to Rent

Posted by Ken Meyer on Tue, Jun 05, 2018

Buying a house to rent out is a big decision. You want to make sure that you have the right property for your renters: one that will attract high-quality renters who stick with the property, pay their rent on time, and other key details. That doesn't mean, however, that you need to take a walk through every property before you decide to buy--especially if you're buying in a geographic area removed from the one where you live.

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Four Tips to Renting a Property Without a Property Manager

Posted by Ken Meyer on Tue, Mar 27, 2018

Owning an investment real estate property can be a great investment option as it will help you to earn interim cash flow and long-term equity through value appreciation. In order to maximize your return on investment, it is very important that you are able to keep your property occupied. While many investment property owners choose to hire a property manager to lease the property, the leasing commissions can be very expensive and can cut into cash flow. Fortunately, there are four tips that you can follow to keep your property occupied without the use of a property manager.

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Superhost: How to Ensure Your Investment Rental Property Gets 5 Stars on AirBnB

Posted by Ken Meyer on Tue, Feb 13, 2018

Having a good reputation as a "superhost" on AirBnB is essential. When it comes to how to ensure your investment rental property gets 5 stars on AirBnB, it's all about planning ahead. Make sure you hire a professional cleaning service or do a thorough job of cleaning the AirBnB rental. Establish rapport with guests during the first interaction. Also, understand how guests rate hosts. The criteria used for reviews include the following: overall experience, accuracy, cleanliness, communication, check-in, location and value.

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Will People Buy or Rent in 2018?

Posted by Ken Meyer on Tue, Feb 06, 2018

 best return on investmentThe takeaway from this February 2017 article is that the West Coast is not a great place for buying a home, the reason being galloping prices. Even if the rate of increase slows somewhat, other factors are at play in determining whether renting or buying will dominate in 2018.

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