Kimberly, a seasoned property manager with 26 years of experience, shares insights on effective tenant management. She emphasizes thorough tenant screening, including credit checks and reference calls, and advocates for detailed lease agreements with house rules to educate tenants. Kimberly prioritizes showing properties before vacancy, ensuring minimal downtime. She also stresses the importance of clear communication, regular inspections (within legal limits), and proactive maintenance. In California, she advises focusing on single-family homes due to tenant protection acts on multifamily properties. Her strategies aim to minimize evictions and maintain positive landlord-tenant relationships.
#RealEstateInvesting #PropertyManagement #TenantScreening #LandlordTips #RealEstateAdvice #RentalProperty #InvestmentProperties #CaliforniaRealEstate #EmpoweredInvestor #RealEstateTips
Today's sponsor https://JasonHartman.com/Connected offers real estate investors access to Connected Investors' PiN (Property Intelligence Network) software. This tool provides nationwide property data, including features like unlimited individual property skip tracing, comprehensive property reports, and a Contract Genie for generating legal documents. Subscription options are available on a monthly or annual basis, with the annual plan offering additional benefits such as a dedicated product specialist. The platform emphasizes its commitment to providing accurate, up-to-date information to assist investors in making informed decisions. Visit http://jasonhartman.com/connected today!
Key Takeaways:
1:29 Meet Aunt Joanie's property manager
2:17 Schedule and some housekeeping rules for https://empoweredinvestorlive.com/
4:04 Meet Kimberley
4:46 Some tricks of the trade and best practices
5:53 Showing the house
10:43 Sponsor: https://jasonhartman.com/connected
12:04 Credit, late payments, evictions, and post walkthroughs
15:21 Dealing with landlord-unfriendly regulatory environments
16:50 Lease document and house rules
17:19 moving from apartments to single family homes
18:55 Marketing the property before tenant leaves and doing virtual showings
19:59 Communicating with a tenant
21:52 Tenant protection laws
23:21 RE investing
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