June Lam [Investment Focused Realtor] - THE DOOR TO GENERATIONAL WEALTH: COMPREHENSIVE GUIDE TO REAL ESTATE INVESTMENT

every single court system is different regarding evictions. Then you need to go through the process of actually evicting the tenant. Sometimes, this means physically removing the tenant from the premises, as some tenants — even once they know they’re being evicted — will refuse to move out. Here is where things can get dicey, and you might need law enforcement on your side to help you through this process. Literally, you might need cops to come out and work with you to actually physically remove all of the tenant’s belongings from your house and put them out on the curb. Evictions are no picnic, but if you’re going to be a landlord, evictions are something that you’re going to have to get used to dealing with. In addition, you might need to deal with any potential legal issues. You need to ensure you protect yourself and your rights under the lease and document everything. Keep records. This way, if anything goes awry, the tenants can’t blame problems on you, and they can’t take you to court if something goes wrong during their lease.

ONGOING PROPERTY MANAGEMENT

Once you’ve successfully landed your first tenant, it’s not over. In fact, it’s really just the beginning! Here are a few areas that you’ll need to cover:

Respond to tenant and neighbor complaints quickly.

If your tenant complains, address those complaints. If the complaints are legitimate, then deal with them and resolve them as quickly as possible. Maybe the tenant has a complaint about

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