Managing rental properties doesn’t have to be hard. You can do it without the midnight tenant phone calls, “lost” rent checks, and other common landlord headaches. Looking to buy your first or next rental property? Today, we’re giving a masterclass on how to manage a rental property, even if you’re a real estate rookie with zero experience in investing. Ready to start?
Here’s what we’re breaking down in this episode: What to do before you buy, getting your lease agreement together, handling maintenance requests and repairs, move-ins and move-outs, security deposits, and more! What software do we use to streamline all the tenant communication so we don’t deal with a dozen phone calls a day? How do we handle tenant complaints and damages to the property without having our hair fall out (Tony optionally shaves his head!)? We’re giving you complete lists of every app and software we use so you can manage with ease, too!
Also, why did Ashley publicly weep in a courthouse early in her real estate career? She shares one key tip to save you time, money, and tears!
Ashley:
Hey rookies, if you’re looking to buy your first or next long-term rental property, this episode could save you thousands of dollars and so many headaches.
Tony:
Today is a mini masterclass in buying and managing your long-term rental. If you’ve never considered that, there are ways you could save yourself money before you even close, you’re going to want to listen to this entire episode.
Ashley:
I am Ashley Kehr,
Tony:
And I’m Tony j Robinson.
Ashley:
Okay, so Tony, I thought we’d kind of start off with some things you can do before you actually close on your rental. So if you’re listening and you want to get started in real estate investing and have a long-term rental, there’s a lot of things you can do before you actually close on your property. So Tony, when you purchased, what was it, two long-term rentals you had in Shreveport, Louisiana? I still dunno what it is….