7 Tips For Managing Rental Properties

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I have never found a tenant whose income is 3 times the rent.

you need better mic

Here in Canada I try to only to rent to international students or families working to get PR or have work
Visas or trying to get citizenship. They take care of the properties and and manage their finances and visas well as they don’t want to risk being deported. I also target refugees as most of them are trying to rebuild their lives from the ground up and will treat the property as if it’s their own home.

I’m trying to put the bug in my ear, so to speak, about initiating a 1st time property to buy & rent.
I’ve heard about Renters Warehouse to handle screening & to mend any repairs. Is this company a good tool for a new landlord?
Also, I’m hearing about management software. How does that facilitate your rental operation?
Thanks for the informative video. You’ve touched upon very important points. In the meantime, I’ll have to check out one of your publications. Thank you! 👍

I just want to know when I hire a property manager to take care of my property how they will get rent collected then get the rent to me or do they or do I or or or

Great info! I’m just starting out working with some professionals and looking forward to learning! Thanks

Spin Doctors

Solid trustworthy workers is absolutely key.

Awesome job!! Appreciate the effort made to edit and produce this video professionally while in a outdoor environment

I believe as landlords or property managers, we own the tenant and the community to do the right thing. Taking care of the property is our duty. In low income communities that is lacking tremendously. Sadly is where is needed the most.

Amateur advice. I can tell you have very little experience and you don't really know the real problems.

nice information.

Great video on this topic! Property management can be tough but enjoyable. I’d like to go into the Air B&B side of it but possibly rent a few properties out as well.

Great advice. I've found that working with a tenant is almost like training a dog. But it has worked out (I only have one rental property) with the tenant paying rent on time and on his 3rd year lease. I have bumped up the rent each year by 2% (market rent). He texts me about needed repairs which I take care of.

Dear landlords and real estate investors, to grow your cash flow even more through rental properties, make sure to protect your assets by utilizing background checks to prospect tenants. You don't want your property to get seized by the government IF the tenant you have turned out to be a law violator involved in serious crimes such as drugs and money laundering while they are in your property. If you haven't heard about civil forfeiture, you might want to check it out and consider doing all precautionary measures to prove that the prospects are not involved in any illegal activities.

Thanks for sharing this, BiggerPockets! Just want to share this unsolicited advice to our newbie landlords and rental property managers. Hope it helps!

Thank You for your Good Work

Thank you for your consistently great info! Can you please share your thoughts on property management software? Especially DoorLoop, Rentigo, and PropertyMatrix? Would really appreciate your input.

Bp pro is the best value out there when you are just starting out and you need forms, lease agreements , and otber papwrwork.

How do you handle the appliances? Service contract or just replace them?

Your videos are practical, informative
and educating,.thanks.. l would
be grateful to learn more from
you.

I sure admired that modesty near the end of how of a lessor can trip up a leasee.

7 rules rental

1. It’s a Business, not a hobby. Be professional, be organized. Bookkeeping.
2. Great property up Front
3. Attract as many tenants as possible. Craigslist , Zillow, Facebook market etc
4. Screen for the best! Stable Income, job stability, credit above 600 hundred, positive rental history.
5. Be mindful. Do research on local laws
6. Sign a rock solid least! Rules and regulations.
7. Be firm but fair. Follow the rules and guidelines. For example, being late for rent. Do not let it slide!

So good..
Please I want your email
Because I have a question?
Thank you so much

You have to own the home to rent the home.

The book is awesome

What is the preferred management software for small landlords?

I am my grandparents tenant, I wish they would make better decisions with the rent money. I would not mind to pay rent if only I saw them get a better life style. Everyone else makes financial decisions for them keeping the home I live at in terrible condition I grow plant just to make it pretty and makes me feel like the job I have should go to a better family Tree.

Dude I Love ultimate frisbee lol. Also love investing. (I’m the fastest guy on the field in UF btw)

Thank you very informative

Can u talk about what is needed to have a Habitable place to rent. I was thinking of making small rooms like the one behind u or just big enough to fit a A Bed, stove, sink, table, microwave, refrigerator, bathroom & shower. I want to know if there are other things needed like a fire stinguisher, windows, AC/Heater 🤔

Great video 🙏🙌🏽❤️

This is very helpful 😊

i was able to build a big income stream during the covid 19 pandemic investing
with a professional broker, Mrs Alicia David

I would like to see a video on how to handle delinquent paying tenants

Great video that will help me so much when I invest in my first property later this year

Wish they teach you this in school..
My mom been struggling to find a good tenant.. all pay late eventually and don't pay the last months

What tools/websites can you use to help you screen tenants?

Good studf

Good stuff

Nice video, tips but how to implement any of those tips?

I learnt nothing new

i have made huge profit on my investment since i started trading with Mrs Heather her commission is fair compared to the amount of time she puts in making huge profits

Or county by county

I can hear his mustache sifting air single file into his nose with those heavy inhales.

Thank you for this informative video!

Great video, have you ever wondered the difference between great music, great videos, and real estate? Subscribe to my channel and find out. Lol-Piercing Instincts

Great tips! I just had a hard time looking for your eyebrows bro lol

I rented from my landlord for 3 years sadly they passed but with that said we were great friends in the end and at the end they left me the house I was renting from them. So y’all know the story I took care of them and had great times and not all land lords are slum lords.