BiggerPockets Real Estate Podcast 505: “Act Like You Have 100+ Units” | Coaching Calls w/ Brandon Turner
Sep 14, 2021
Brandon Turner coaches three investors at different stages of their journeys, focusing on scaling their portfolios and building a trustworthy brand. They discuss property management strategies and the right time to hire help as their investments grow. The importance of community and collaboration becomes evident as they navigate the challenges of real estate. Plus, insights on short-term rentals highlight brand-building and efficiency. It's a treasure trove of tailored advice, perfect for both budding and seasoned investors!
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Phone System for Tenants
- Switch your phone number to a service like RingCentral or Google Voice.
- This allows easy transfer and prepares for future property management.
Resident Manager
- Offer a resident a discounted or free unit in exchange for handling minor maintenance and tenant calls.
- Look for someone with pride of ownership, as they'll likely be responsible.
Appeal to Higher Authority
- When implementing new systems or rules, blame a higher authority (e.g., attorney, CPA).
- This makes changes easier for tenants to accept and reduces resistance.