PODCAST EPISODE - Self-Managed Rental Properties
My internet friend Rene recently invited me as a guest on his podcast where we talked about about nuts and bolts of real estate along with our “why” behind owning real estate.
My favorite part of the conversation is probably the 25 minute mark where we discuss the intersection of building wealth through real estate and the opportunity it provides to meet real needs of real people.
Also, a few minutes later I explain why I think Zillow’s Zestimate is bad for people’s brains.
Note: I couldn’t use my microphone input so relied on the normal Zoom feed. Consequently, my audio quality isn’t as good as Rene’s. My apologies.
Topics...
✚ Fun intro 00:20
✚ First home (house hack) 06:00
✚ Exit strategy 07:25
✚ Real estate "why" 08:30
✚ Self-management "why" 09:55
✚ Short-term, mid-term, long-term Denver, CO 13:37
✚ Rent increases 16:35
✚ Getting rid of condo adding better rentals 18:37
✚ Monthly net rental income goal 19:55
✚ Worst rental 20:56
✚ Best rental 22:44
✚ Serving tenants 25:37
✚ Real estate doesn't go to zero 29:23
✚ Real estate isn't charts and graphs 30:04
✚ Biggest self-management problem pain 32:18
✚ Handling maintenance repairs 33:05
✚ Handling turnover 34:39
✚ Listing rentals 36:27
✚ Bookkeeping 37:05
✚ Non-LLC banking 38:11
✚ Collecting rents 39:54
✚ Tenant communication 41:16
✚ Kids, people, and real estate investing 42:46
If you have a desire to buy or sell, let’s chat.
Life has a way of keeping us all moving, and I love to be your real estate agent.
Contact me here to set up your free and confidential consultation.
Kevin