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Brendan OBrien's Articles in Personal Finance

  • Thirty Questions to Ask Your Property Manager
    Finding a good property manager is like any other vendor search – it’s worth your time up front to make the best possible choice. Here’s a thirty-question checklist for interviewing prospective property managers. The answers you get will provide a very solid understanding of each manager’s qualifications.
  • Should You Invest in Overseas Real Estate?
    On a purely rational basis, investing in your own country usually makes much more sense than investing overseas. Overseas investments only make sense in certain very special cases, for a small percentage of investors that meet certain qualifications.
  • Property Management Software - What to Look For
    While many property managers still use Excel spreadsheets or a pencil and paper to manage their investments, there are much better tools available. The property management software you choose should be flexible, inexpensive and easy to use.
  • Landlord Tools for Organization
    Along with a strong work ethic and a lot of patience, the most important trait for a landlord is organization. You need an organizational system that you can update quickly, get information from easily, and keep all your records secure.
  • Landlord Tips - Who’s Going to Do Your Maintenance?
    Most landlords only rely on professional contractors for some maintenance and repair tasks. The reason, of course, is price. Why pay a contractor big money to do a job you could do yourself, or find an inexpensive handyman to take care of, or even leave to the tenants? You must weigh at least three factors in deciding who will do a job. Those factors are cost, reliability, and quality.
  • Landlord Tips - Avoiding the Huge Costs of Tax Preparation
    There are ways for landlords and property managers to really reduce their tax prep bills without adding a lot to your workload. The key is to organize accounting documents in a way that will let your tax advisor (or yourself, if you do your own business taxes) prepare your return in a lot less time.