Get Rich Education 45: Smart Street-Level Techniques For Dealing With Tenants (also Four-Plex 2 of 2)
#45: Your tenant secures your investment property’s income stream. It is crucial that either you or your manager screens and manages tenants appropriately.
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Listen to this week’s show and learn:
01:18 Whether you desire turnkey rental properties or self-managed property, you’ll learn today.
03:59 How to buy your income property while keeping maximum cash in your pocket.
06:48 With your tenants, why you should: “Be friendly. Not friends.” Tenant psychology.
08:05 A smart way to increase the chance that the tenant pays you rent on time.
12:20 The exact 7-word sentence that you tell late-paying tenants when they’ve violated law. This saves you money and grief.
15:57 A landlording technique to help separate your emotions from business.
19:09 An example of how giving to tenants can promote good will in your entire building.
21:18 Screening prospective new tenants.
35:20 Maintaining your rental units.
36:42 Over the longer-term, be a Real Estate Investor rather than a Property Manager.
38:35 More comments on an owner-occupied four-plex.
39:54 Symbolism in the “GRE money tree” logo.
41:05 As a housing provider, you have a responsibility.
Resources mentioned:
MidSouthHomeBuyers.com or call (901) 217-4663 for top-notch turnkey rental properties.
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