You may have just bought a rental property that will need renovations, or you may have a tenant turnover in one of your rentals that needs some TLC before you move your new tenant in. Your contractor is compiling the scope of work, and on that SOW, they have included a tub that has chipped or some minor damage, is old looking, and needs to be reglazed or replaced. So, now, what do you do? Will you reglaze, or will you replace it? To help you make that decision, here is a list of pros and cons of reglazing a bathtub compared to replacing it.
(CLICK HERE to Read More)the confident woman landlord
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August 2, 2023
The worry of squatters moving into your vacant property is a legitimate concern for real estate investors.🏠 Taking preventive measures is the cure to assure you that professional squatters will not move into your vacant property. To alleviate this worry and help you sleep at night, I have put together a blog with a comprehensive checklist of items that will help steer unwanted and unauthorized people from taking advantage of your vacant unit.
(CLICK HERE to Read More)July 19, 2023
As real estate investors, you often work hard looking for your first or next deal. However, you are looking for the wrong thing. Instead of looking for a property, you should be looking for a motivated seller. You might ask, “Just what is a motivated seller?” The answer lies in the strong need to sell their property. Let’s take a look and see what it means when a property owner is motivated to sell.
(CLICK HERE to Read More)May 31, 2023
Feeling lost and overwhelmed with starting a rental property business? Don’t fear – this article is here to provide ideas that can help give your venture the boost it needs! Whatever situation you’re facing, these simple key strategies are sure to steer you towards success in the real estate world. Success. In some way or another, we all want it. But how do you find success, and what exactly is success?
(CLICK HERE to Read More)May 3, 2023
For women, the journey to becoming an entrepreneur may not always be a smooth one. It can be challenging to find the right resources, information, and support that you need along the way. With determination, persistence, and the right mindset, anything is possible. The right mindset can take you far. How you think about yourself and your abilities is one of the essential factors in determining how successful you will be as an entrepreneur.
(CLICK HERE to Read More)April 6, 2023
Why would your applicant lie about their rental history? Don’t Worry… There is a way to protect your investment and find your perfectly qualified, trustworthy dream tenant.🙋🏻♀️🏠It starts with wonderful, glorious SCREENING PROCEDURES!✨So how can you strengthen your 💪🏻screening procedures when it comes to your applicant’s rental history?🏘️
(CLICK HERE to Read More)March 1, 2023
As a woman landlord, you are always searching for your ideal tenants. Choosing the right tenant can be one of life’s roulette spins – and you want to avoid landing on a bad bet. So, more roll of the dice when picking tenants for your property. As much as it sounds cliché – knowledge is power when managing a rental property.
(CLICK HERE to Read More)February 16, 2023
One thing that I know for sure is that there will always be renters. This means there will always be a need for rental properties, and this puts landlords at an advantage. The other thing that I know for sure is that a buy and hold portfolio will increase in value over time. Investing in real estate can be a lucrative and rewarding investment.
(CLICK HERE to Read More)February 1, 2023
Clutter. It’s like a bad relationship. You know you should break up with it, but you can’t seem to let go. And the longer you stay together, the messier things get. Before you know it, your house is engulfed in clutter, and you can’t find anything. Sound familiar? Well, it’s time to break up with your clutter once and for all!
(CLICK HERE to Read More)January 19, 2023
What the heck is BRRRR? And, no, we are not referring to “I’m so cold”. You may have heard this term being thrown around a lot lately. You will find it to be a popular technique for buying rental properties. It is a real estate investing strategy that anyone can use to add properties to their rental portfolio – even if you are new to investing!
(CLICK HERE to Read More)January 11, 2023
If you are a woman building a rental portfolio, it may seem like an impossible task when you are starting from scratch or ready to go to the next level. However, now is the time for all women to defy those odds and gain momentum in real estate investing.
(CLICK HERE to Read More)January 3, 2023
Owning rental properties can be both a lucrative and rewarding experience but starting on the right foot and having the know-how to handle tenant relationships is key. It is imperative that you have the proper knowledge if you want to build a good foundation from the beginning and avoid significant problems down the road.
(CLICK HERE to Read More)December 29, 2022
Last December, the word Forward came to me, and in that instant, I knew it would be my word for the year of 2022. It’s a word that always makes me feel like I am in motion. Forward motion. We can’t look back if we are looking………. Forward.
(CLICK HERE to Read More)December 28, 2022
Setting goals is a better strategy for achieving success than setting new year resolutions that seem to fade by February. Here are four tips to help you stay focused and achieve your 2023 goals week by week.
(CLICK HERE to Read More)December 7, 2022
It’s a nice gesture to treat your good tenants with a small gift during the holiday season. Before you object and say, “Tenants are not my friends,” I agree with that statement, and you don’t want to get too friendly; however, my motto has always been “Friendly but Firm.”
(CLICK HERE to Read More)November 29, 2022
My Mother often told me that I came into this world as a special blessing the year I was born. She said that I brought her and my grandmother joy in what was ironically a very difficult time for both of them that year.
(CLICK HERE to Read More)September 2, 2021
When I was growing up, our family’s summer vacations were spent tent camping. My father was an avid outdoorsman, so when we arrived at the campground, he was ready to jump into action and prepare for the week or two ahead and required that we jump right along with him.
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" There is energy in other people's accomplishments and successes.
You'll learn from their mistakes and you'll be motivated by their triumphs."
Mary Jo Whelan
Mary Jo Whelan is a leader in the field of residential property rentals. She owns and runs a property management and renovation company in Baltimore.
Mary Jo started with no money, college education, or job. From these humble beginnings, she has grown her company to manage over 100 rental properties and manage over 50 rental renovations ayear.
She co-facilities a monthly landlording strategy meeting for a local REI group and is the past president of NAPRM, National Association of Residential Property Managers.
Mary Jo is also the founder of Lucrative Landlording for Women, an exclusive community for success-driven women landlords. Lucrative Landlording provides an elite coaching program, masterclasses, and networking events designed to help women landlords maximize their cash flow and keep high-quality renters.
Mary Jo is passionate about helping women landlords succeed in the field of landlording, secure their financial future, and create generational wealth.
In her spare time, she enjoys practicing techniques for furniture painting, gardening, and traveling. And yes, just for fun, she actually jumped out of a perfectly good plane.
The content presented in this document is provided for entertainment and educational purposes only and does not constitute legal or other professional advice on any subject matter. Lucrative Landlording provides information it believes to be accurate, however, Lucrative Landlording makes no representations or warranties about the accuracy or completeness of the information contained on this blog.
Mary Jo Whelan is a leader in the field of residential property rentals. She owns and runs a property management and renovation company in Baltimore.
Mary Jo started with no money, college education, or job. From these humble beginnings, she has grown her company to manage over 100 rental properties and manage over 50 rental renovations ayear.
She co-facilities a monthly landlording strategy meeting for a local REI group and is the past president of NAPRM, National Association of Residential Property Managers.
Mary Jo is also the founder of Lucrative Landlording for Women, an exclusive community for success-driven women landlords. Lucrative Landlording provides an elite coaching program, masterclasses, and networking events designed to help women landlords maximize their cash flow and keep high-quality renters.
Mary Jo is passionate about helping women landlords succeed in the field of landlording, secure their financial future, and create generational wealth.
In her spare time, she enjoys practicing techniques for furniture painting, gardening, and traveling. And yes, just for fun, she actually jumped out of a perfectly good plane.
