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If you’re still allowing property managers to bill you max amounts every month you need to tighten up your monthly discretionary allowance. You will be consulted every time a repair is projected beyond $200. Also, minimize the unprofitable downtime of renters moving in and moving out by signing a 2-year lease with your next tenant. Include the rent increase for upcoming year so your tenants are prepared to pay in advance of the increase. They will appreciate it.
And in our interview, wouldn’t it be nice to see an interesting property on the internet and send someone else halfway across the U.S. to take photos of it for you? What about checking up on one of your existing properties to inspect the hail damage first hand? WeGoLook has an army of 20,000 “lookers” who can send you photos, videos or answer specific questions. They are even able to visit the local municipality to perform a title search.
Key Takeaways:
Jason’s Editorial:
[1:30] The unbelievable events in Paris are not a new thing
[6:22] There may not be peace until war is not profitable
[7:52] What does the current hostile environment mean for investors?
[8:22] The 6 ways to get out of the government debt slavery complex
[9:36] What is wrong with American Airlines and US Air
[12:59] MInimize your downtime with 2-year leases with your tenants
[14:23] Tighten up your discretionary repair allowance to $200 per month
[15:11] Voxer is a revolutionary messaging app
[16:37] Public employee unions are only interested in themselves
[18:13] A great tool to self manage your properties
[18:39] Meet the Masters in San Diego - Get your early bird pricing now
[19:37] Dubai is the amazing place we have s