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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)
rental estimates
Property Management

The Best Rental Estimates for Your Property

Proper rent pricing of your rental property is of utmost importance to a successful rental property investment. It will often…

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House For Rent on HotPads
Property Management

Should You List Your House For Rent on HotPads?

HotPads was launched in November 2005 as a map-based real estate marketplace that allows individuals to find their next accommodation…

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rental agreement forms for free
Property Management, Rules and Regulations

Where Can Landlords Download Rental Agreement Forms For Free?

You have listed your rental property, pre-screened applications, completed showings, screened applicants, checked references, and chosen the best tenant for…

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list apartments for rent on Trulia
Property Management

Should You List Apartments For Rent on Trulia?

Founded in 2005, Trulia is an online residential real estate marketplace. As a subsidiary of Zillow, it helps buyers and…

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Rental Maintenance Requests
Maintenance, Property Management, Tenant Management

8 Reasons to Manage Rental Maintenance Requests Using Property Management Software

Inundated with rental maintenance requests? One of the most stressful parts of being a landlord is getting a midnight call…

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lease agreement forms
Property Management, Rules and Regulations

6 Reasons to Create State-Specific Lease Agreement Forms Using Property Management Software

State-specific lease agreement forms are a necessity today, as rental laws vary from state to state and even city to…

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drill repairing apartment door
Maintenance, Tenant Management

Manage Maintenance on Rental Property using Property Management Software

Update: This post has been updated with new scoring and winners based on changes or upgrades to some of the products…

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rental property accounting
Accounting, Property Management

Accounting for Rental Property Using Property Management Software

Keeping track of rental property income and expenses can be challenging, especially if business transactions are mixed with personal ones.…

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rental house tax advantages
Accounting, Property Management

What are the Tax Advantages to Owning Rental Property?

This is a sponsored post from TFX. At Landlord Gurus, our mission remains to provide valuable resources and information that…

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What is a 1099 Tax Form for
Accounting, Property Management

What is a 1099 Tax Form For? 1099 Requirements for Landlords

Taxes can be quite hard to understand, and many landlords have questions on their minds as the tax season approaches.…

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