7 Figure Real Estate with Edna Keep

One of the things that we learned very early on was to treat our tenants as clients/customers as they are the backbone of the business for landlords like us. Most tenants pay $1,000 monthly rents which help us pay down mortgage for our buildings.

Considering an average turn over of 2 years, they are paying us $24,000. Paying off the mortgage for your buildings by tenants is the main idea behind rental properties. And if the property is vacant or mostly vacant, then the remaining payment comes out of the landlords' pocket. Which is not a good indication for any investors or Real Estate Entrepreneurs like you.

First of all, how do you decide if a tenant is a good one or not?

Well, here are some of the criteria we look for:

• Those tenants who pay their rents on time, When you call the former landlord – ask.
• Help you keep your property up to date by communicating with the management if there's any issue with their unit or the building itself.
• Treat your staff respectfully and also the property while maintaining open and healthy communications.

We also have implemented quarterly inspections of all our properties. By doing so, we come to know if there's any water leaks, mold issues and any of the units are messy which can lead to infestation of bugs.

We've also provide tenants with contact information during any emergency or maintenance need such as smoke detector is going off, or the tap/sink is leaking, drain clogged up. The reason behind that is that some tenants do not want to bother us for some minor issues. They think that it's not that of a big deal.

Sometimes their judgement is not right. As in the case of when someone sees that water is leaking from the sink they don't always report to us as they see it minor issue. But over the time it can cause mold and if its not fixed in time, there may be a damage worth thousands of dollars versus if its fixed when the issue was minor.

Also, when you inspect the property by yourself, you see who are the messy tenants so we educate them to keep their units clean to avoid getting infested from roaches or mice. And if they have damaged the property, we would come to know before they vacate the property and thus saving us from fixing it by ourselves.

These are some of the steps we take to identify the good tenants which help us to reduce or eliminate the turnover expense.

If you need my help to create your Multi-Million Dollar Real Estate Portfolio, reach out to me at

edna@ednakeep.com

Or

Schedule a Free Strategy Call with me.

https://go.oncehub.com/ednakeep

Edna

What is Inactive Activity and WHY is it important for you?

We live in a world where we need to have tremendous focus on improving our productivity and efficiency.

While everyone wants to improve their ability to produce more, most don't know how they can improve their efficiency.

For me, I do meditation. Meditation allows your brain to calm down and achieve a stable state where you can control your thought process.

Years ago, when I started doing meditation, I thought I'd never be able to do it as I am a very active person and sitting down idly felt like torture to me. But when I mastered it over the years I am experiencing a lot of change in myself. My productivity has soared over the years.

There are so many ways to do meditation. To start with, you can do guided meditation, you can listen to sounds and/or bilateral beats through head phone. One of the way you can start doing meditation is by listening to Holosync.

The reason why Holosync has worked for me is that you can listen and do the meditation as you go to sleep or when you wake up. For most people, just to sit and do meditation for 10-15 mins is very hard. But with this, you can do meditation as you fall a sleep and while waking up in the morning.

I bought the program initially as I was learning to do meditation and it fits my need. As you know monks take years to master the meditation but with Holosync I was able to get into the rhythm easily. I bought a few programs but I loved the Positive Focus and I loved the sound of it.

Another activity I do is VISUALIZATION. I highly recommend that you do it every day. I listen to affirmations that I recorded in my voice every day as I am going to sleep and in the morning.

You're just laying/sitting there and doing nothing but visualize on what you want. But if you can master the visualization and you can literally build your life out of imagination ahead of time and that's another huge short-cut to your improved productivity.

Another activity which is not quite as inactive activity but when you do so, it will help you keep more focused through out whole day which is writing down the affirmations.

Affirmations for the goal you want to achieve, the type of person you want to be, the possessions you want to have or increase your self-image. No matter what you're trying to accomplish, when you write down those affirmations it will keep you more focused towards your goal.

These are the kinds of morning routines that I highly recommend you to follow to be successful in your life.

Edna

You must have heard the saying; "Two Heads are better than one." Whether creating internal partnerships between colleagues or larger partnerships between businesses, harnessing the strengths and abilities of others from different corners of your ecosystem is one of the most strategic ways for businesses to scale and solve complex challenges.

I know most of you already have a few doors under your belt or want to start. But whether or not to scale your investments is the hard choice.

Let me remind you this; if you're waiting for the perfect timing, it will never come. Getting around like-minded people and learning from their successes and challenges will put you in the right direction.

Right now eight of my current students have deals under contract or offers out waiting for acceptance. What I know is they regularly attended 90 Days to $5K accountability calls each week. They were asking the questions, active in the Facebook groups and reaching out to fellow members and me for any challenges they came across.

I have a huge network of Real Estate Investors located across Canada and USA. If you're committed to your desire to grow your Real Estate portfolio, I am quite certain that with my help and expertise, you can also scale your real estate portfolio the way you like it.

Back in the days, when we started out learning about investing in Real Estate we took many courses and attended seminars from all over Canada and USA and I have always stayed in touch with my coach/mentor who helped me go through the start up challenges and put me in contacts with many great individuals that I'm currently partnered with.

Stop thinking about the market conditions and pandemic situation or you're not going to succeed.

To learn more about how to form partnerships for your benefits, listen to this show.

Edna

Lauren is the busy mom who started her Real Estate Investing journey about 8 years ago. Lauren started out as a Franchise Development for Subway after her graduation. But after having her children and a full time corporate job, she was not able to give enough time for her children and she thought of quitting her 9-5 job.

Lauren dreamed of creating a business that would give her personal and professional satisfaction, but with the flexibility to make sure she wouldn't miss the important moments of her family life.

She is from southern California and she started as a house flipper in Orange County in LA. As the returns dried up in California, she has diversified her investment portfolio to Nashville, TN and in Oklahoma.

Lauren has a "People First" approach in her business.

She has done all her deals virtually by finding local strategic partners. We all now can imagine how doing deals virtually has helped us sustain our investment portfolio during the pandemic.

Lauren has developed a reputation in the industry for persevering in extremely competitive markets by constantly following the market changes, changing market territories if needed, and buying properties based on comparable sales versus speculation.

To learn more about Lauren Hardy, listen to my podcast.

Edna

Decisions are part of our daily life. It helps us carve our life inside out.

I listen to Bob Proctor's video on Decision everyday, which prompted me to discuss today's topic.

To watch Bob Proctors's video, Click here.>>>

I think for so many reasons, we don't really understand what a decision is and what it does for us.

So when we make decision let's say for example, I'm not going to eat after 6 pm everyday. That decision is set in your mind until you eat after 6 pm.

But what if you have made an Advanced Decision that you'd stick to your decision no matter what. My assistanct for an example, fasts once a week. Even if we have an office meeting and having lunch together, he doesn't eat if he's fasting on that day.

He's being fasting for many years and no matter what, he doesn't eat on that day even if we ask him. He doesn't have to decide whether he wants anything or not. Eating on that day is simply not a consideration and that's an advanced decision which is well tempered with discipline.

The exact same concept works for the person who wants to lose weight and is on a strict diet. It doesn't matter when that person being offered a chocolate cake, he/she will refuse to have it.

Most people would have heard this; "We become what we think about".

What do you think about?

How often have you caught yourself saying I'd like to do this, do that, but I can't because...?

Whatever follows BECAUSE is the circumstance. Circumstance may cause a detour in your life, but you must not permit them to stop you from making important decisions.

Whether its following your diet plans,daily exercise plan or sales calls.

Sticking to your decisions, will help you become successful.

So let me ask you, "Where can you make a decision that is going to really matter in your life?"

One of the things that I do everyday no matter what is to write down affirmations and say it out loud to myself. Those things are absolutely working for me.

So make a decision for yourself and if you need my help on how can you stay on course with your decision and fulfill your GOAL, reach out to me by email

edna@ednakeep.com