If you own a rental property, it’s YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident is in danger!
Welcome back to the Real Estate Rookie podcast! Eileen Daugherty is not only the property management business consultant here at BiggerPockets but also a fellow real estate investor, and today, she joins the show to talk about property management, new construction homes, and the importance of tenant safety. Eileen even shares her own real estate horror story, which occurred shortly after buying her first rental property and renting it out. You’ll hear how a neighbor’s seemingly innocent “crush” quickly escalated into a situation where her new tenant was being stalked, hacked, and harassed!
In this episode, Eileen shares the biggest learning lessons from this unfortunate experience and the MAJOR changes she made to improve tenant safety at her properties—from installing security cameras to providing virtual private networks (VPNs) and much more. But that’s not all! Stick around until the end to learn what it’s like to invest in the fast-growing market of Asheville, North Carolina!
Ashley:
This is real estate rookie episode 397. Tenants can oftentimes be the issue, but sometimes tenant safety can be the issue as we will uncover in today’s show. My name is Ashley Care. Welcome to the Real Estate Rookie Podcast, where three times a week we give you the motivation, inspiration, and stories you need to hear to get started in real estate and busting. Wait until you hear how many emails were sent to this tenant. And when does a tenant burden become your burden As the landlord, if you have a story that you want to share that’s about a tenant, a deal gone wrong, a contractor, anything real estate related, submit your horror story for a chance to talk with me for a one-on-one therapy session at biggerpockets.com/reply. Eileen,…