From 60k to 240k in 8 Years: Patience Baby!

10/30/19 • 20 min

By now you know my stance on real estate: HOLD IT! In this episode I give 2 great examples of how one investor deployed patience and won, and how another did not and cost themselves over 150k in a 3 year span. Everyone who buys rental property has a purpose, but can many times get knocked off their path. I talk about creating a firm plan and visualizing what the end game looks like. Don't get seduced by the quick cash, play the game and win in the end!

Previous Episode

Raising Rents the Right Way

Raising rents is not rocket science by any means, but there are far too many landlords who are not doing it right. In this episode I give a few tips on how, when, and if a rent increase is in order. We talk about what the current rental market is when making those decisions, how supply and demand impacts it, and how to properly advise the tenant that rent is going up!

Next Episode

Protect Your Liability: The Pit Bull Story

Liability comes with owning rental property whether you want to admit it or not. In this episode I share a story about how not properly addressing a liable situation that could have cost me financially and professionally. When there is a potential issue that poses a lot of risk and liability, move quickly to correct it, and create a paper trail to show your due diligence.