Episode Transcript
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(00:05):
Welcome to Your LandlordResource podcast many moons ago.
When I started as a landlord, Iwas as green as it gets.
I may have had my real estatelicense, but I lack confidence
in the hands on experienceneeded when it came to dealing
with tenants, leases,maintenance, and bookkeeping.
After many failed attempts, fastforward to today.
Kevin and I have doubled ourdoors and created an organized,
(00:27):
professionally operated rentalproperty business.
Want to go from overwhelmed toconfident?
If you're an ambitious landlordor maybe one in the making, join
us as we provide strategies andteach actionable steps to help
you reach your goals and thelifestyle you desire.
All while building a streamlinedand profitable rental property
business.
(00:47):
This is Your Landlord Resourcepodcast.
Stacie (00:54):
Hey there landlords, we
hope that as you listen this
episode you're all doing well.
So this podcast airs just beforethe new year and Kevin and I
have some news to share.
And that is we're gonna betaking a break and pushing pause
basically on the podcast fornow.
Kevin (01:14):
We've been going back and
forth on this for many months
actually, and we might haveshared this before, but
producing this podcast, I thinkwe figured out collectively
between Stacie and I, it takesus about 12 hours.
And if I'm being honest, most ofthat falls on Stacie.
We do a lot of research on ourtopics because we want to make
(01:36):
sure the information that wepass along is as accurate as
possible.
And we do somewhat follow ascript because for us the
content we provide iseducational and it also has our
opinions and experience mixedinto each episode.
So there's content planning withsocial media to support each
(01:57):
episode, there's research,writing a script, and then the
recording and editing theepisodes, as well as all the
show notes, graphics, posting toour website, video promos to our
social media sites.
As you can see, it's quite aprocess.
Stacie (02:14):
Yeah, and you guys, we
do this all ourselves, and for
those of you who may think thatwe do it to make money, we
don't.
From time to time, we willpromote software that we use and
works well for us, or a productthat we have found that helps
save us money by doing itourselves.
But for the amount of time eachweek that we put into the
(02:36):
content, we had to have a cometo Jesus conversation about our
time and where we spend it best.
Because along with the podcast,we also produce a newsletter and
social media content six days aweek.
So when we really look at thetime that we put forth for Your
(02:56):
Landlord Resource,realistically, we're looking at
20 to 25 hours a week.
Now, could we hire someone totake the burden off of us, but
still get that content out?
Yeah, sure we could, but it'snot our experience that you're
going to be hearing about.
And that is what we want you allto learn from.
(03:16):
You can read books on mosteverything that we discuss, but
we wanted to share how we dothings and the different things
that we consider before we makedecisions to do anything that
has to do with our landlordingbusiness.
Now, with all that said, 2025needs to be more of a year for
(03:38):
us.
We need to take that time thatwe put towards the podcast and
take care of ourselves, our homeand our landlording business as
it's going to grow significantlyin the coming months.
Kevin (03:52):
Yep, it's time for us to
be selfish in a good way.
I mean, we plan to prioritizeourselves and get active again.
Not that you need to know all ofthis, but we both have gained a
few pounds and as we get older,it's harder to lose.
So we want to focus on beingactive, you know, doing more
(04:14):
strength training because it'simportant for us as we age.
And of course eating healthier.
Now, I will say we really don'teat bad.
And for the most part, whenStacie cooks, we eat pretty
clean.
But we have noticed that as wehave gotten busier and busier
trying to work on Your LandlordResource, our properties and
(04:36):
helping out family, we tend toeat out more and exercise less.
So here we are, we've gainedweight, not eating as well as we
like, not getting in regularactivities, and for lack of a
better term, just feeling kindof blah.
So now it's time to take our ownadvice.
(04:58):
We often tell you all to findbalance.
I mean, we have episodes wherewe discuss planning and
organizing your time.
All the things that we did do,and they worked pretty darn well
when we followed through.
But, when we find ourselves upuntil all hours of the night, or
(05:18):
missing out on doing things weenjoy, you know, like taking our
dog Gracie to the beach, orgoing on a hike, or, just
sitting at home to watch a movieand get some much needed down
time, just because we have apodcast episode we need to drop
the next day.
That's when we started to feeloverwhelmed.
Stacie (05:38):
You guys we want you to
know that this is not a decision
that we take lightly.
For many months we havecontemplated how we could slow
down.
Kevin (05:46):
And we still are doing
this by the way.
Stacie (05:48):
Right.
Unfortunately, the one thingthat we can, and I hate to say
eliminate because that seemspermanent.
But the one thing that takes themost time from our lives is this
podcast.
You guys, as we sit here todayrecording this podcast, we have
two roof leaks that we'rebattling.
We have a garage so packed withstuff that we have to shimmy
(06:09):
sideways to get through.
And we have a beautiful homeoffice that has boxes of old
papers that need to be gonethrough and recycled, shredded,
and properly filed, like four orfive feet high.
Kevin (06:22):
And let me jump in here
to remind everyone that a year
ago our office space that werented experienced a huge roof
leak that destroyed much of thespace.
And we had to basically geteverything out of there within a
few hours to minimize the damageto our office furniture and
files.
A lot of what Stacie is talkingabout is from that where we just
(06:43):
shoved all of it, wherever wecould fit it in at the time.
Stacie (06:47):
Right, exactly.
You know, our home, which welove, you guys, is in dire need
of some TLC.
We have several areas with dryrot, we need a new roof, and we
have clutter everywhere.
So, basically, we put our timeinto caring for our rentals so
that our tenants don't have toexperience any maintenance
(07:09):
issues and completely put ourown personal home on the back
burner.
And when it all comes down to itIt's too much for us to handle.
I don't want to get all weepyhere, but a couple years ago I
lost my brother.
It was sudden and it madevaluing life painfully aware to
both of us.
(07:30):
And when it came to cleaning outhis personal belongings, Kevin
and I, along with my parents andsome other family, took that on.
And as I get older, I do realizetime is going faster.
And having less time in the day,you tend to not handle what you
need to to keep your house inorder.
(07:50):
And if I'm being super honest, Iwant to take time to clean out
our house and simplify it now.
I don't want to burden my familywith that task.
You know, we plan on havinghomes in Idaho and San Diego
someday soon so we can staythere when we're visiting the
kids.
And can you imagine having threeor four homes that they have to
(08:11):
clean out?
Kevin (08:13):
And our personal lives
aside, we still have a lot of
work to do to put into ourproperties.
I mean, we have some work to doin both Sacramento and Idaho.
And the property we areconsidering buying here soon, if
it all works out, we'll need alot of work that, in order to
save money, Stacie and I will dowhat we can there.
(08:34):
And yes, as Stacie mentioned, wehave quite a bit of work that
needs to be done in our personalhome also.
You know, we have joked beforeabout our home being like the
shoemakers kids, where everyoneelse's shoe in the village is in
great shape and taken care ofbefore our own.
Our personal home absolutelytakes a backseat to our
(08:54):
investment properties, and thathas to change too.
Listen you guys, we are blessedwith both of our parents still
alive and well.
We have three great kids, and wewant to be active in all of
their lives also.
And lately, we have just been onautopilot, and it's time for us
to step back, re evaluate whatwe have to do and what we want
(09:19):
to do.
And reorganize our time so wecan enjoy life more than we have
been.
Stacie (09:26):
And to be clear, we are
stepping back from our podcast.
We will still put out our weeklynewsletter with tips and
informative articles that youcan read.
We do still plan to create thatcourse on how to place your
ideal tenant.
And where we won't be postingregularly on social media, you
know, when, when we can, we'llput up stories on Instagram of
(09:49):
what we're up to with ourinvestments.
So if you want to keep up withus, the best way is to join our
mailing list.
And you guys, we don't go crazyand email you every day.
Once a week, we email ournewsletter.
And occasionally if one of ourpartners is offering a great
deal, we'll send out an emailletting you know about it.
That's like every other month orsomething.
(10:11):
You can subscribe atyourlandlordresource.
com subscribe.
That's yourlandlordresource.
com subscribe.
We'll link that in the shownotes as well.
Other than that, you can followus on Instagram.
When we start the podcast backup, or if we decide to post any
(10:31):
tips on YouTube, we'll emailthose in the newsletter.
Kevin (10:35):
So this is not goodbye.
It is, we'll see you all soon.
Stacie (10:40):
And until next time,
you've got this landlords.