The BetterLife Podcast Property Management Masterclass: The 3 Major Mistakes You’re Making with your Rentals | Ep 112
Jan 10, 2025
Explore the essential balance of fairness and firmness in tenant management. Discover the key attributes that define an effective landlord, from professionalism to fair systems. Learn about adapting lease agreements for better tenant relationships and leveraging technology to enhance interactions. Dive into the significance of communication in property management, especially for low-income tenants. Plus, hear about how acts of generosity can enrich both your life and your finances.
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Being a Good Landlord
- Be a good landlord by taking care of tenants and understanding the business side.
- Know your finances, build systems, and treat tenants well.
The Overflowing Toilet
- Brandon Turner shares a story about a tenant whose toilet overflowed because of a lack of proper systems.
- He emphasizes the importance of having systems in place for tenant requests and maintenance.
Firmness is Kindness
- Brandon Turner believes that being firm with tenants is a form of kindness.
- He explains that leniency can lead to tenants' financial irresponsibility and eventual eviction.
