Author: Mark Brown

Announcing Property Managment Blog

Today I’m happy to announce that RDM Realty is starting a blog.  This blog will provide useful tips for owners and property managers, such as managing difficult tenants, handling repairs and upgrades, and analyzing your return on investment property. Managing

Posted in Uncategorized

3 Factors to Consider When Purchasing a Rental Property

As someone who has been both a property manager and investor in real estate for over 13 years now, people often ask me what are some of the most important factors to consider when purchasing a rental property.  The truth

Posted in Investment Purchases, ROI

Watch Out for These 5 Red Flags on Rental Applications

The cost of renting to the wrong person can be enormous for a landlord.  First, there is the missing rent when a renter does not pay at all.  Or if a renter constantly pays late, then there is the cost

Posted in tenant screening

Red Flag #5 on Rental Applications

Red Flag #5  – “I’m looking for a place for myself.  I have a boyfriend but they do not live with me.” Sometimes people just aren’t ready to move in together, right?  But what happens if they do move in

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Red Flag #4 on Rental Applications

Red Flag #4 – “I’m looking for my grandmother / aunt / good friend who is working” It’s vitally important to meet the person who is applying to rent.  If a person comes to you looking for a place for

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Red Flag #3 on Rental Applications

Red Flag #3 – “I work for a family member.” Most of the time someone who “works” for a family member is just making up their income.  The work is unstable, sporadic, and likely to be paid in cash.  Sometimes

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Red Flag #2 on Rental Applications

Red Flag #2 – “I’ve been living with my mom / sister / grandparent / cousin.” Unless someone is in college or just graduated, most grown adults want to live in their own place.  So for most people, someone who

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What to Upgrade in a Rent House Remodel

Sooner or later every owner of rental property is faced with a remodeling dilemma. When your property becomes worn or outdated, but you are not ready to sell it, how do you decide what kind of upgrades to make? Should

Posted in Maintenance, ROI Tagged with: ,

Screening an Applicant’s Income

Have you ever wondered how much income a resident should have in order to qualify to rent your home? The amount of income used to qualify a resident varies from property manager to property manager.  Here at RDM Realty, we

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