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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 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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rental property tax deductions
Accounting, Property Management

8 Rental Property Tax Deductions Landlords Need to Know

Are you preparing to file your rental property income taxes? There may be some rental property tax deductions that you…

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apartments.com review
Accounting, Maintenance, Property Management, Rent Payment, Tenant Management, Tenant Screening

Apartments.com Review – Bye Bye Cozy

Cozy is a property management software tool that is popular with many independent landlords. Initially, the company established it’s popularity…

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Tenant Management, Tenant Screening, Uncategorized

ScreenRenters: Free Tenant Screening For Landlords

UPDATED JANUARY 2022: Pricing In this time of increasingly strict landlord-tenant laws, where it is difficult to remove a problematic…

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Accounting, Maintenance, Property Management, Rent Payment, Tenant Management, Tenant Screening

Landlord-Tenant Software: TenantCloud Review

UPDATED JANUARY 2022: Subscription and screening package pricing, as well as changes made to the rent payment features. Whether you…

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A tenant speaking with a landlord as he hands over the keys to a property. SparkRental property management software
Tenant Management

SparkRental Property Management Software Overview

Whether you’re renting properties for tenants or just have a few vacation homes for rent throughout the year, it can…

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Maintenance, Property Management, Tenant Management

Prioritizing Property Maintenance: Tips for Independent Landlords

Aside from keeping your property occupied, property maintenance is the major issue you will face as a landlord. You can…

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tenant screening for rental house
Property Management, Tenant Screening

Tips to Take the Guesswork Out of Tenant Screening for Independent Landlords

As an independent landlord, it is likely you feel that you do not have the time or resources to conduct…

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