Jobs Moving Overseas Hurts an Overlooked Group: Landlords

Share Article

Landlords are hard-hit by the economy, too. Job losses to overseas companies often cause laid-off tenants to move out. When that happens, landlords better know how to fill those vacancies fast, or suffer the financial consequences. A new guide, "77 Ways to Fill Your Vacancies Fast", is available at no cost from http://www.real-estate-fortune.com/landlord

September 20, 2004 - When another foreign company wins a U.S. contract, American workers are the first to feel the pain. But close behind them are landlords, who quickly find themselves in a dicey economic situation.

David Lindahl, who’s owned 38 different apartment complexes, ought to know. “People forget that landlords have mortgages to pay, too,” says Lindahl, who owns apartments in hardscrabble towns like Brockton, MA: Home of boxing legend Rocky Marciano.

“When tenants pack up and leave, their landlords are left holding the economic bag. Their banks don’t care about vacancies. On top of that, landlords have maintenance and marketing expenses to get the units rented again.” Lindahl says that if landlords don’t know how to get their apartments rented very quickly, they risk becoming the next victims of an economic downturn.

That’s why Lindahl developed a guide, called “77 Ways to Fill Your Vacancies Fast.” He explains: “I’ve made every mistake in the book. In fact, I’ve made some that aren’t in any books. So I decided to help other landlords and real estate investors by writing this guide.” Lindahl went from being a broke landscaper to making a fortune in real estate by learning from others, and developing some unique systems of his own. “I’ve made a pile of money through apartments, and shake my head every time I see landlords struggling needlessly. Just as mentors helped me along the way, I’m happy to give back, and pass along some tips.”

The guide is available at no cost from his website, http://www.real-estate-fortune.com/landlord

David Lindahl is Founder and President of REMentor, Inc., which provides educational material and coaching to real estate investors nationwide. In addition to having a background as a landlord and mortgage banker, Mr. Lindahl is a real estate broker, licensed contractor, author, and public speaker on a variety of real estate topics.

Contact Information:

Jonathan Rozek

508-308-4040

jon@real-estate-fortune.com

RE Mentor, Inc

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jonathan Rozek
Visit website