Welcome to the TenantCloud Podcast where we break down the latest in Property Management, Real Estate, Investment, and DIY Landlord news, laws, and other information relevant to the rental income industry!
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Prequalify Prospective Tenants to Find Quality Renters Faster S04, E10
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10:27
Prequalifying Tenants: The Key to Finding Suitable Renters Quickly: Join us for a 10-minute podcast that dives deep into the importance of clear and detailed advertisements, using proper prequalifying questions, and maintaining professionalism in the tenant selection process. Discover how these strategies streamline the search for the perfect rente…
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Welcome to the TenantCloud Property Management Podcast, where we dive deep into property management and share valuable insights to help you optimize your rental business. In this episode, we explore the crucial role of transparency in rental advertisements and how it can significantly impact your success in finding qualified tenants quickly. Join u…
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In this podcast, we explore the art of efficient tenant acquisition, focusing on a key factor that can make or break your success: getting the price right. Join us as we discuss the strategies, insights, and proven techniques that landlords and property owners need to attract quality tenants. Whether you're a seasoned real estate pro or just dippin…
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How to Find a Tenant Quickly: Curb Appeal Is a Big Deal S04,E07
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11:29
Discover the ultimate guide to securing tenants swiftly with our podcast series "How to Find a Tenant Quickly" with the newest episode in the series titled, "Curb Appeal Is a Big Deal". Learn about the data, along with some tips and tricks to enhance your property's visual appeal, attract high-quality tenants, and maximize rental income. Join us as…
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How To Find a Tenant Quickly: Avoid Rental Application Roadblocks S04,E06
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11:41
As a property manager or landlord, it's essential to streamline the rental application process and avoid roadblocks to attract quality tenants efficiently. In this podcast, we will cover some of the tips and ideas to help you avoid rental application roadblocks. By implementing these strategies discussed in this podcast, you can minimize roadblocks…
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With a prospective tenant waitlist, you can streamline the leasing process because you already have a pool of potential tenants - some of which may even be pre-screened. This saves time and effort typically spent on advertising, screening applications, and conducting extensive showings, making the leasing process more efficient. Tune in to episode …
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If you're a landlord looking to fill a rental property quickly, being flexible with your touring hours can help you find the right tenants faster. Many potential tenants have full-time jobs and can’t always make it to a scheduled tour, so offering a more open availability can increase the number of people who can tour your property and make it easi…
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How to Find a Tenant Quickly: Work With an Agent S04,E03
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11:59
As a rental property manager one of the most important roles you play is marketing your rentals to ensure you consistently have quality tenants renting your property. But doing that requires lots of marketing, follow up with prospective tenants, scheduling and conducting tours, pre-qualifying, screening and moving in. What if you could simply have …
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How to Find a Tenant Quickly: Offer Great Incentives to Encourage Tenant Referrals, S04,E02
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10:01
Are you struggling to keep your rental property filled? Are you attracting a lot of unqualified applicants? If this feels like you—you aren’t alone. Many real estate agents and landlords struggle with filling their properties simply because they aren't diversifying the number of ways that they get new tenant leads. Let’s face it: we live in a digit…
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How to Find a Tenant Quickly: Creating a High Quality Rental Listing, S04,E01
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18:22
Are you struggling to keep your rental property filled? Are you attracting a lot of unqualified applicants? New tenants don’t seem to be impressed with your current listing, and they leave without giving you a second glance. If this feels like you—you aren’t alone. Many real estate agents and landlords struggle with filling their properties simply …
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Increase Your Teams Productivity by 50% With These 6 Time-Tested Team Leadership Tips S03,E13
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Having a productive and motivated team is an important key to success in any business, and especially in real estate. Surveys and studies have shown that employees stick around 4.5x longer than they would otherwise when companies do simple things such as "communicate effectively" (source: bit.ai). In addition, 37% of employees report that "working …
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5 Proven Methods Professionals Follow When Pricing Their Rental Properties S03,E12
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12:02
Owning rental properties can be a lucrative business - if you know what you're doing. One of the most stressful aspects of this type of investment is setting the right price for your property. If it's too high, people won't rent it. If it's too low, you could be leaving money on the table. To avoid these costly mistakes, here are some proven method…
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Leadership for Landlords: An Interview With Anthony Russell S03,E11
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In today's podcast, I had the pleasure of interviewing Anthony Russell. His journey started in the US Army where he gained experience as both a follower and a leader. After the military, he started investing in rental properties, and it was clear to him that the existing landlords that he observed were doing it wrong. They had the wrong focus, only…
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How to Make Your Rental More Durable and Protect Against Accidental Damages S03,E10
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14:30
When you think of rental turnover costs, you probably think of tenant damages and expensive repairs. In reality, most turnover costs are associated with typical wear and tear which landlords spend a significant amount of money and time addressing before moving a new tenant in. This downtime affects your rentals bottom line, and negatively impacts y…
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Do Not Collect Rent Payments Online Like This S03,E09
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18:11
You have probably used these apps yourself to send money to friends or family members. But you may also be letting your tenants send you rental income as well, without realizing the risks lurking just around the corner. In today's episode, we're going to cover some of the most popular payment apps that people use today and the potential risks that …
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Should I Have Pets in My Rentals? S03,E08
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23:48
In many cases, landlords are concerned about excessive wear and tear caused by pets. However, should that be a sticking point for landlords and tenants in preventing them from allowing tenant's to have pets in their rentals? In today's podcast, we'll discuss the pros and cons of allowing pets in your rentals, as well as some surprising statistics a…
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5 Proven Methods to Create a Positive First Impression on Tenants S03,E07
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A first impression is a powerful thing. It can make or break any business and since tenant retention is a major part of the game when you own a rental property, so are first impressions with your new tenants. Whether it's tenant welcome gift idea's, or simply making the move-in day a pleasant experience, here are five proven methods that you can us…
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What Is an Illegal Eviction? S03,E06
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If you have ever wondered what an illegal eviction is, how it happens, and what consequences may be involved, you're in luck! In today's podcast, we cover a few examples of what illegal evictions might look like, as well as some examples of the consequences that can take place for those who attempt to carry one out. Learn more about TenantCloud.…
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5 Unique Ways To Find Good Tenants Even In a Bad Economy S03,E05
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It's no secret that the rental economy has its ups and its downs. All that really matters is whether or not you are able to weather the storms when they come. In this podcast, we discuss five unique ways to find good tenants even in a bad economy. At the end of the day, the goal is to find the best-qualified tenants and retain paying tenants for as…
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How To Find a Good Contractor and Keep Them Around S03,E04
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23:42
As a landlord, managing rentals is hard enough. But then you throw maintenance and renovations into the mix, and things get a lot more complicated, especially when it comes to finding quality contractors. How can you make sure you have found a reliable contractor who follows through and gets the job done right the first time? And more importantly, …
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4 Proactive Ways for Landlords to Save Time S03,E03
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Efficiency is a time-saver that unlocks time in your daily routine to do the things you want to do, not just the things you need to do. As a landlord, being proactive in how you handle your rental properties is one of the keys to becoming a master of efficiency. Here are four proactive ways that you can start to save time and manage your rentals mo…
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How Smaller Operators can Leapfrog the Largest Portfolios in Occupancy, Top-line Revenue and Cashflow Per Unit with Matt Easton from Leasing University
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In today's podcast, I sat down with Matt Easton, to talk about How Smaller Operators can Leapfrog the Largest Portfolios in Occupancy, Top-line Revenue, and Cashflow Per Unit. Matt Easton is the Founder of Leasing University. Leasing University is the #1 Apartment Leasing Training in the World. Leasing University’s On-Demand Platform and Live Event…
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An Interview With Joe Edgar (CEO of TenantCloud): A Step-by-Step Guide to Making Your First Million in Real Estate in Six Short Years S03,E01
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In today's podcast, I sat down with Joe Edgar, the CEO of TenantCloud regarding one of his latest pieces on Entrepreneur.com where he wrote, "A Step-by-Step Guide to Making Your First Million in Real Estate in Six Short Years". In this article, he breaks down how even someone with an incredibly busy schedule and real-life, adult responsibilities ca…
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Am I Responsible for the Safety of My Tenants? S02,E28
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26:03
There are a lot of things that you must remember to do when managing a rental. As a landlord, you are often responsible for far more than you may think when it comes to your resident's safety and well-being. In today's podcast, we'll cover the often misunderstood topic of whether or not you are responsible for the safety of your tenants, and if so,…
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This Is Why Your Tenants Are Leaving and How You Can Stop It S02,E27
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28:57
Retaining existing tenants has never been more important than it is right now in 2020. Tenant turnover costs can easily exceed $500 every time a tenant moves out, which is why it's so important to retain existing tenants in your rental property, especially in a rental market where vacancy rates have been consistently on the rise. We've touched on t…
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How to Update Your Rental Property on a Budget S02,E26
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There’s a myth that it would cost hundreds (if not thousands) of dollars for a landlord to upgrade their rental properties. But the truth is, not all high-quality rental renovations are that expensive. Most DIY home renovation projects can be done with minimum financial resources. In today's podcast, we'll cover a few ways that you can increase the…
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Tenants Are Demanding Landlords Provide This Payment Method S02,E25
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17:28
Since 75% of landlords are over the age of 45 and at least 50% of leases are signed by people under the age of 30. It's easy to see how there may be a wide range of concerns and differences when it comes to which rental payment options are made available to tenants. In today's podcast, we'll discuss the payment method that tenants are demanding tha…
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How to Deal with a Tenant Who Was Approved with a Stolen Identity S02,E24
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20:49
As a landlord, every day introduces new experiences and new challenges that we have never encountered before. There are incredibly difficult decisions that often have to be made, and sometimes we're just not quite sure what to do. In today's podcast, we'll explore a serious issue with a tenant living in your rental that has never applied to live at…
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How To Do Make-Readies Quickly In Three Days or Less S02,E23
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25:02
Having a tenant move out is rarely a fun or good occurrence, but being a landlord isn't all about fun and games. Tenant's move out and there are expenses involved for both landlords and tenants. The tenant has moving costs and the landlord has make-ready costs. In this podcast, we'll discuss how many days it should take you to complete make-ready, …
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Three Key Metrics: The Leasing Information You Should Know S02,E22
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16:59
To get the information you need to maximize your leasing performance, you need to make sure you’re keeping an eye on the right metrics. It's much more than just calculating your current occupancy rates. We've compiled three other extremely important leasing performance metrics you should be keeping an eye on as part of your leasing process to help …
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The Proven Marketing Process You Need to Prevent Landlord Nightmares S02,E21
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24:33
One mistake as a landlord can cost you thousands of dollars and give you nightmares that rob you of your sleep for quite some time. So how do you reduce that level of risk? In today's podcast, we'll cover the proven marketing process you need to prevent landlord nightmares so that you can sleep well at night knowing that you've done everything you …
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The Best Way to Advertise Your Rentals Effectively S02,E20
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19:04
Property management requires no less effort than any other profitable business. While it might seem like purchasing the actual investment property is the number one step towards all the investment benefits you’ve heard so much about, there is still a range of factors that will decide if you’ll reap the financial rewards. The key to reducing vacancy…
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Rental Fraud Is on the Rise and the 3 Ways You May Become a Victim S02,E19
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12:43
Before 2020 began, some research had been completed on fraud in the rental industry. And the numbers were shocking. In a report titled, "The state of fraud in the rental housing industry" by TransUnion, they found that 80% of all property managers had been the victims of renter fraud. And now that the job economy has taken a hit as a direct result …
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COVID-19 Brought Major Changes to Real Estate: These Ones Are Here To Stay S02, E18
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What a lot of landlords and property managers once felt was impossible has now become mandatory and we have all been forced to modify our thought process of how rental management can (or needs to) work. And it's not just for the immediate future -- Many of the changes made in the real estate industry over the past few months will likely be here to …
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Impulse Factors: How To Rent Your Properties Faster and Keep Vacancy Rates Low S02,E17
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20:01
With the dramatic economic and cultural shifts that have taken place over the past couple of months, the rental market will likely become much cooler in areas where that has not been the case in over a decade. As a landlord who has never encountered such a dramatic shift in the rental market, it is important to learn new skill sets to help be prepa…
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4 Significant Ways That the Pandemic Has Changed Real Estate & What That Means for You, S02E16
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The events of the past several months have changed the workplace into the foreseeable future. Since the early part of 2020, the majority of those who can, have been working from home, while sheltering in place. This abrupt change in the workplace has resulted in significant shifts that may have a lasting impact on workspace design and use, while si…
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The Challenges of Owning and Managing Rental Properties & How To Overcome Them S02,E15
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13:51
With every strategy for wealth building or growth comes risk. And real estate? It's is no different. So whether you are just starting out, or you have been involved in buying or renting out real estate for quite some time, or you're on the property management side considering getting into buying rental real estate yourself, here are five things tha…
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Q&A With A Landlord Lawyer: Your COVID-19 Questions Answered S02, E14
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Based on a report from approximately 11.5 million rental units in the United States, 89% of tenants paid either partial or full payments towards their rent in the month of April of this year. However, with over 17 million unemployment claims over the past month or so, the question of whether or not May's rent goes unpaid is still looming large and …
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Landlords Who Successfully Manage Their Rentals Remotely Share Their Top 4 Pieces of Advice S02, E13
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19:05
Renting out properties while living abroad is similar to having a long-distance relationship. It takes a lot of effort and requires creativity to make it work. But with a thorough strategy and a good property management system, you can easily manage your rentals remotely. We asked a few "remote" landlords to share their secrets for running a proper…
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5 Real Estate News Stories That Will Make You Feel Better S02, E12
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During the times when you can hardly find good news, life-affirming stories about noble gestures, philanthropy, and simple acts of kindness bring positive energy and restore our faith in humanity (in case you’re about to lose it). In this podcast, we share 5 news stories related to real estate that will make you believe in the power of togetherness…
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Managing Rentals During a Pandemic: Five Effective Steps Landlords Are Taking to Cope S02, E11
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27:36
We all know that life is unpredictable, but let's be honest. Right now, life is simply crazy. Very few people alive today have ever lived through a pandemic, and some of us are having to make decisions that we never dreamed we would have to make. In this podcast, we'll discuss the five key things that you can do to continue "business as usual" (or,…
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How to Increase Your Rental Income through Rental Add-Ons - an Interview with Patrick Dudek at Valet Storage S02, E10
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In this podcast, I interview Patrick Dudek with Valet Storage. And while storage may not sound like an exciting topic to discuss on a podcast, you will definitely want to tune in as we discuss how a product like Valet Storage can add value to your rentals and increase your revenue on a per rental unit basis all while requiring little to no effort o…
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What Landlords Are Excluded from the Federal Fair Housing Act? S02, E09
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Whether you manage one rental or two hundred rentals, there is a good chance that you are required to abide by the Federal Fair Housing Act, as well as your local state and county laws that often expand on the Federal Fair Housing Act. But believe it or not, there are some landlords who are not required to abide by the Federal Fair Housing Act. We …
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Tax Deductions for Landlords to Keep in Mind in 2020 S02, E08
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Knowing which deductions apply to you as a landlord will help you take full advantage of available tax benefits during filing season - allowing you to keep more cash in the bank. In this podcast, we discuss equipment and supply deduction categories to keep in mind as you gear up for the big day. By learning your deduction landscape now and by track…
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Here Are 10 Savvy Rules Landlords Should Use To Securely Conduct Business Online In 2020 S02, E07
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19:17
Whenever you surf the Internet or read an email, you should always take caution of where you are “virtually.” There are bad neighborhoods in every city and those same places exist online. It is becoming harder for online criminals, so now they create areas hoping you come to them. In 2020 and beyond the internet will only become increasingly integr…
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Six Practical Reasons Why You Need To Use a CRM For Your Rental Business S02, E06
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Are you looking for a tool that adds value to your rental business this year? Something that has the power to turn prospects into tenants and monitor your leads in one place? If not, you should be. Tracking leads through an effective CRM (Customer Relationship Management) tool is essential to the success of any business, including your rental busin…
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3 Landlord Tips for the 2020 Tax Season, S02, E05
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Have you already finished your taxes? Chances are you haven’t. Whether it is satisfying the Cohan Rule, automating your accounting processes, or taking hours (or even days) to file a Schedule E, we can all use some insight into best accounting practices for the year-end tax season. As tax season is well upon us, we share three tips for getting thro…
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The Unexpected Impact That Tiny Houses Are Having On a Giant Real Estate World, S02, E04
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From the asset-rich investors with land who want to operate the tiny house as a business to the ADU (or, additional dwelling unit) in someones back yard where they rent it out on Airbnb... Or maybe it's the adults who want a home nearby for Mom or Dad to live in on their property or the parents who want to give their 20-something children a start w…
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Stay with Me: How to Keep Your Tenants from Leaving, S02, E03
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Tenant turnover can be stressful for almost any landlord. It brings extra tasks to complete, from repairs and cleaning to advertising and tenant screening. Vacant units mean lower income, additional expenses, and other property-related hassle. More at https://www.tenantcloud.com/blog/stay-with-me-how-to-keep-your-tenants-from-leaving…
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A major reason for owning a rental property is the tax advantages, but many don’t end up utilizing the advantages because they get lost in the details. As a real estate investor you need to make sure to take advantage of all the benefits. The advantages are the deductions and expenses that go with your rental.…
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