Your Landlord Resource Podcast

Send us Fan Mail October 6-12, 2024, is Fire Prevention Week.  Since we have many firefighters in our family who are constantly reminding us of what we need to be on top of regarding fire safety in our rental properties, we thought we would do a shorty episode to go over fire safety tips. In this episode, we are focusing on who is responsible for what tasks.  So, we are discussing all the fire saf...

Send us Fan Mail Yep. That’s right, this is an episode about mold.  It may seem odd but, in several states, some pretty strict rules have passed regarding disclosures, cleanliness, responsibility, and remediation. In this episode we are discussing all those things as well as what to do when a tenant reports that they have found mold in their unit. It’s unfortunate that nearly all the research we c...

Send us Fan Mail Do you ever think about what you can do to draw tenants to your rental property?  Like, how can you stand out from all the other properties on the market? This week on the podcast we are talking all about what the tenants want and look for when searching for their next home. Much like the adding value podcast we did a few weeks ago, but this is from the tenant’s perspective, not t...

Send us Fan Mail For landlords who want to operate a profitable rental property portfolio where you can grow and scale your properties, accurate bookkeeping is essential. It is just like any other business.  You must maintain good records that will in turn enable you to evaluate and understand your property’s performance and your return on investment or ROI. Where last week we discussed tips on bo...

Send us Fan Mail For landlords who want to operate a profitable rental property portfolio enabling you to grow and scale your portfolio, accurate bookkeeping is essential. Just like all businesses, you must maintain good records that will enable you to evaluate and understand your property’s performance and your return on investment or ROI. Listen, we know this is not a sexy topic.  But managing y...

Send us Fan Mail Ever seen the term "added value" when searching for rental properties to purchase? Usually this implies the purchase price may be reduced because there are improvements that can and should be made to make the property more profitable.  Sometimes its physical updates, sometimes it's an opportunity for new owners to apply their own strategy and knowledge In this episo...

Send us Fan Mail In this episode of Your Landlord Resource , we dive into one of the most critical issues facing self-managing landlords today: tenant fraud. With the rental market becoming increasingly competitive, scammers are finding new ways to deceive landlords, leaving property owners vulnerable to financial loss and legal headaches. We break down the most common types of tenant fraud, from...

Send us Fan Mail So, we all know that cash flow and appreciation are two things’ investors are concerned with when buying rental properties. Once you find a property, what EXACTLY should you be evaluating with regards to the neighborhood and the property itself before making an offer? We are sharing our due diligence for the neighborhood to see if it’s a good fit for our strategy and checks all th...

Send us Fan Mail Have you ever wanted to know what investors consider before buying a rental property?  Now is your chance to listen as we discuss the factors behind our decision to invest $250,000 in our next rental. From what kind of property to all the different locations throughout the US where we are considering investing, we are here today to lay it all out there. We are discussing why we li...

Send us Fan Mail The statistics on how many seniors, aged 65+, are renters is staggering.  And those numbers are only getting larger as time goes on. You might think that senior aged tenants are not really your market, but as time goes on, we bet you’ll be seeing a much higher number of this demographic as applicants. This episode is all you need to know about what protections they have, what amen...

Send us Fan Mail Hoarding goes beyond common house clutter.  It is a mental disorder that millions of people cope with and when it comes to hoarder tenants it is important to know they have legal rights we have to abide by. In this episode, we are defining hoarding and discussing the health and safety issues that can arise from it. We have personal examples from our property management experiences...

Send us Fan Mail Occasionally, we like to do a landlord Q&A episode because we get a lot of questions from our listeners and followers that are important for all of us rental property owners to know about. This week on the podcast we are answering several follow up questions that came up about renters’ insurance.  Specifically, can landlords pay for a policy on behalf of the tenant, can landlo...

Send us Fan Mail We’ve all seen the videos on social media.  A landlord or developer shows up to their vacant investment property to find someone has moved in and is claiming they have the right to be there. Last week we discussed what squatting and adverse possession are and how it can affect your rental property. This week we are talking about what to do if a squatter moves into your rental and...

Send us Fan Mail This is a hot topic in many areas right now! From property lot lines to someone actually gaining entry to your property and living there, many real estate investors have to be very careful about what you buy, how you manage the land and the structure, and protecting your vacant property. In this episode we are talking about the law behind squatting, also known as adverse possessio...

Send us Fan Mail If you have not heard of Dan Borrero, owner of USA Land Ventures, this is your chance to learn from one of the best in the business. Since 1989 this investor started his journey as a self-managing landlord and, at one time, had over 300 units he and his team managed!  As retirement is creeping up, he has made some changes and is beginning the process of reducing his portfolio to m...

Send us Fan Mail First and foremost, let us clarify that this is not YOUR landlord property insurance.  Renters insurance is taken out by the tenant to cover their personal possessions. A few years ago, we only "suggested"  that our tenants take out a policy, but we now REQUIRE it from all tenants because it covers way more than just the tenant’s personal property. In this episode we are...

Send us Fan Mail When it comes to business, ANY business, the name of the game is to be constantly evaluating where you are and where you could be. Besides the fact that our expenses have increased significantly across the board for all of our properties, we are in a growth mode and are looking to earn as much as we can to continue to scale our portfolio. This is not us being greedy or money hungr...

Send us Fan Mail Lighting fireworks and throwing summer BBQs are an American tradition!  We all want our tenants to enjoy themselves while living in our rentals, but we also want them to be safe. This is why we have put together several 4th of July and summer safety tips for you to share with your tenants. From fireworks and grilling to pool time and parties, we are giving you all the information...

Send us Fan Mail No matter what the situation is, be it a nice vacation, medical leave, or having to care for someone else, we have all been there. But when you are a DIY landlord, how do you take an extended period of time off and leave your rentals? This episode is several tips on ways to take that time away without worry. From learning about the importance of timing the leave to the different m...

Send us Fan Mail So, a few years ago we bought a 4-plex that was located within the confines of an HOA or Homeowners Association. And the numbers worked, so that was great,  And we were told that they handle a lot of the landscaping and care for the parking and deal with all the trash again, which was great. But we made a crucial mistake and did not thoroughly read the bylaws, which is all on us....

Send us Fan Mail So, this subject might seem obvious to those landlords who are a bit more established but for those newbies out there, this one’s for you! House rules are your regulations and guidelines that need to be noted within your lease to protect you and your tenants by establishing clear expectations between all parties involved. Because believe it or not, tenants do need these guidelines...

Send us Fan Mail When it comes to rental properties and animals, there are a lot of things to consider. You (for now) have the right to refuse pets, but you do not have the right to ever refuse a service animal. We will say that, for the most part, we do not allow pets in our units.  So, when an applicant or an existing tenant comes to us with a request for a service animal, we are not thrilled to...

Send us Fan Mail We know this sounds crazy, but if you really pay attention to how often you pick up your phone, you’d be amazed. They are called smart phones for a reason.  They are compact and easy to carry for a reason.  They have amazing cameras and video and apps to use for a reason.   So, are you using your phone for all its capabilities?  In this episode we break down all the tasks we use o...

Send us Fan Mail There is nothing worse than showing up to one of your units and seeing damage.  Well, the only thing that might be worse is a tenant who believes they are not responsible for that damage and is calling it standard wear and tear. We are using our personal stories to show you how we have combated this problem with our own properties and giving you some tips on how to set yourself AN...

Send us Fan Mail So, the one thing that everyone needs to realize is that how we own and operate OUR rental property business may differ from YOUR way of doing things.  I know, crazy, right? The thing is that the kind of rental that you prefer, be it single family home or large multifamily complexes and the location of those, be it out of state or right in your backyard, and the condition of those...