It’s a classic question: which came first, the chicken or the egg? In the wholesaling world, it’s “which comes first, the cash buyer or the deal?”
Author Brandon Turner
Why is organization in your landlording business so important? Let’s dive into three major reasons that may convince you to revamp your systems.
The more we can improve our business, the more efficient we become, the happier our tenants will be, and the more cash flow we can potentially produce.
To be blunt, most contractors are terrible for your landlording business. For this reason, you need to screen them just as carefully as you might a tenant.
Most people value their time. To save yours, do a little investigative work to see whether the home is a good fit before showing the property.
Cleaning up a rental for move-out isn’t fun. Responsible tenants will do it anyway. Other tenants may need motivation—which is where this list comes in.
Deciding to work with tenants on late rent is an art form, and there’s a strategy for doing so that won’t leave you in the lurch if something goes wrong.
Want to land more deals? The key is to make more offers—and a GREAT way to do that is to become comfortable making offers sight unseen. Here’s how.
Thousands of books have been written on the art of negotiation, so I can barely scratch the surface here. However, here’s what has worked well for me.
Making sure you don’t get screwed over by a tenant starts screening. But even if you have strict standards, someday a tenant will end up owing you money.
A license doesn’t show you the level of quality the contractor can do nor the speed at which they will do it—but it will protect you in crucial ways.