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Landlord Gurus

Author: Eli Secor

Eli Secor, Co-Founder, Landlord Gurus Eli purchased his first rental property at the age of 20, a fourplex in Gold Canyon, Arizona. He was lucky to have the advice of a shrewd real estate investing grandmother, as well as special incentives for first time buyers following the savings and loan meltdown in the late ‘80’s. In 2004 Eli and his wife purchased their first property together, a triplex in Portland, Oregon. The neighborhood was improving, light rail was coming in, and the property needed a significant rehab. They traveled back and forth from their then home in California, improving and managing the property. Eli did a full remodel on the biggest unit, living in the construction zone while doing so. The property has been cashflow positive since day one, and is now worth 3-4 times its original purchase price. Eli has been involved in residential construction since 2001, having remodeled several houses from top to bottom, rehabbed or improved rental units, and built his family’s primary residence. He leverages his knowledge of buildings to improve and maintain rental properties cost and time-effectively. Since 2007 Eli has been managing property in Seattle for family members, and now oversees 20 apartments and 3 commercial spaces. He has a great handyman, who helps make repairs, maintenance, and improvement smooth and easy. Otherwise Eli is a DIY landlord, and single contact for all of his tenants.When Eli isn’t managing rental property he is working on home projects, sailing, mountain biking, skiing, or spending time with friends and family. Once or twice a week Chris and Eli get together to run their dogs, Lola & Peanut. These meetings do double duty as Landlord Gurus planning sessions!Credentials: - BA in History from Whitman College - General Contractor (Ex) - USCG Licensed Captain (UOPV Six-Pack)
Property Management

TurboTenant Review: What We Think

There are many different property management software out there that can help independent landlords. Which one is right for you?…

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Property Management

Standout Rental Listings: Pro Tips for Attracting Ideal Tenants

In the competitive landscape of real estate, where every click matters and first impressions can make or break a deal,…

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Accounting

How Does a Landlord Bank Account Make Financial Management Easier?

When you step into the world of owning property, it brings exciting opportunities along with the responsibility of handling finances…

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How Property Management Software Can Maximize Your Rental Profits img
Rent Payment

How Property Management Software Can Maximize Your Rental Profits

In the competitive world of real estate, maximizing rental profits is crucial for achieving long-term financial success. While traditional property…

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Rent Payment

Why Are Tenants More Reliable When They Pay Rent Online?

In the world of renting, getting rent on time is crucial for both landlords and tenants. Thanks to the convenience…

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plumbing problems
Maintenance

Plumbing Problems in Rental Properties and How to Handle Them

Plumbing problems can quickly turn into a landlord’s worst nightmare, causing inconvenience, property damage, and potential tenant dissatisfaction. Whether you’re…

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virtual bank accounts
Accounting, Property Management

A Guide to Virtual Bank Accounts for Landlords

In the dynamic landscape of property management, landlords are increasingly recognizing the need to operate with the precision and expertise…

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rent pricing
Property Management, Rent Payment

Rent Pricing: How Much To Charge For Rent?

Whether you’re a new landlord or a seasoned investor, understanding how much to charge for rent is a skill that…

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increase rent
Property Management, Rules and Regulations

Unlocking the Benefits of Real Estate Syndication: An Overview

If you are looking for a way to invest in large-scale real estate projects without having to manage them yourself,…

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pet screening
Property Management, Rules and Regulations, Tenant Management

Why Pet Screening is Important for Landlords and Tenants

If you’re a landlord or a tenant with a furry friend, it’s important to understand the significance of pet screening.…

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