Creating Wealth Real Estate Investing with Jason Hartman CW 719 - David Merrill - One-Stop Nationwide Eviction Services
In the first half of today's episode Jason debunks Peter Schiff's theory on China's Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today's guest, David Merrill of Nationwide Eviction Services shares the benefits of his company's software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company's comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property's zip code.
Key Takeaways:[1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service.
[4:51] Debunking Peter Schiff's The Great Decoupling Theory.
[9:34] A few points about the Business Insider article which addresses China's middle class.
[18:00] Global trade is good but the current US complex trade agreements are not good.
[20:16] The 3 basic economic scenarios are inflation, deflation and stagnation.
David Merrill Guest Interview:
[23:34] A software solution to the age old problem of eviction.
[26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country?
[28:59] An eviction is a two-part process, if you plan on recovering your funds.
[31:43] Which states have landlord friendly or landlord unfriendly markets?
[35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets.
[37:25] People should standardize all of their collection efforts on all of their properties.
[39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process
[44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code.
[48:12] Contact information for David Merrill and his closing thoughts.
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