Ownership in the Neighborhood

As a responsible landlord it is imperative to try and understand the ownership in the neighborhoods you are looking at or buying in.  For instance if one owner or a company owns several lots in the neighborhood you are working, it is always a good idea to see if they will share with you their pricing thoughts or future development plans.  Sometimes it can be a tough task to get to someone you may not know, but you will often be surprised, if you go about it the right way, how much information most people are willing to give up.  If you are just buying one property, it can be very helpful to know the people that either own or rent in your adjacent properties.  Being a landlord can be about managing problems, and it never hurts to have some allies on the street.  Of course not everyone is nice, forthcoming with their plans, or frankly enjoyable to be around, but if you don't try you certainly will not get any information.  Posted by your Landlord Services ally.