First Aid for the Accidental Landlord

said on September 22nd, 2008 categorized under: Paperwork, Paperwork, Paperwork!

First Aid for Frustrated Sellers

First Aid for Frustrated Sellers

Many sellers in today’s slower real estate market find themselves hemorrhaging severely as a result of either an unsold home after they’ve relocated, or the deep wound of covering two mortgages. In an effort to stop the bleeding, many sellers find themselves unintentionally becoming landlords.
 
While it is perfectly sensible to rent a vacant property, as I’ve often detailed here, there is more to being a landlord than simply sticking a “For Rent” sign in the yard. And the costs of being uninformed can often be even greater than even the initial wound. 
 
In an effort to help some of the people who’ve found themselves in this situation, the Minnesota Multi-Housing Association is offering a seminar on Saturday, September 27, that they’re calling “The Accidental Landlord“.
 
For $29 and two hours of your time, you can not only learn many of the ins and outs of being a landlord, but also get a free MMHA start-up kit. These kits usually retail for around $35, and they contain every possible form you could need, from leases to pet deposits. They’re so great to have, that I often give them to clients who are new to multi-family housing.
To sign up, just click on the hyperlink above.