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Short-Term Rental vs Long-Term Rental - Part 1
What is a better investment: short-term rentals or a long-term tenant? Welcome to Uncommon Estate of Mind where Joey Garba and AD The Fly Realtor debate different ways you can leverage your next investment to create time freedom, legacy impact, and generational wealth.
In this first episode they're going toe-to-toe on the hot topic that is short versus long-term rentals. There are pros and cons to both – so long as you vet your tenants carefully and don't end up with cons in the building!
What's so refreshing about Uncommon Estate of Mind is that it's not trying to sell you anything. These are just two guys (two childhood friends) sharing what they know about real estate and the lessons they have learned along the way – all so that you don't have to.
There's advice on the differences between a tenant or guest, and the merits of installing a decibel meter in your apartment. And it doesn't feel like advice because it's being discussed in such a lighthearted yet argumentative way. Please join Joey and A.D. and develop your Uncommon Estate of Mind. Be uncommon. Be curious.
"I believe that if you're doing enough upfront to make sure you know what's going on, you can inherit tenants and be okay with it." ~ @ADTheFlyRealtor
In This Episode:
- Understanding the eviction process in California
- Why short-term guests don't have tenant rights
- Using a decibel meter to keep a lid on your guests' noise levels
- Using doorbell cameras to see if there's irregular comings and goings
- Putting aside money as a landlord when rent gets paid
- Doing the appropriate background checks on your tenants
- Checking out past reviews of potential clients from other hosts
And more!
- Contact Uncommon - https://www.instagram.com/uncommonestateofmind/
Connect with Joey Garba:
- Instagram - https://www.instagram.com/mrjmaze/
Connect with Ademola Dawodu:
- Instagram - https://www.instagram.com/adtheflyrealtor/
- Personal -https://linktr.ee/adtherealtor
- TMG Investment Real Estate -https://tmginvestments.com/
View all episodes
By Uncommon Network
5
44 ratings
What is a better investment: short-term rentals or a long-term tenant? Welcome to Uncommon Estate of Mind where Joey Garba and AD The Fly Realtor debate different ways you can leverage your next investment to create time freedom, legacy impact, and generational wealth.
In this first episode they're going toe-to-toe on the hot topic that is short versus long-term rentals. There are pros and cons to both – so long as you vet your tenants carefully and don't end up with cons in the building!
What's so refreshing about Uncommon Estate of Mind is that it's not trying to sell you anything. These are just two guys (two childhood friends) sharing what they know about real estate and the lessons they have learned along the way – all so that you don't have to.
There's advice on the differences between a tenant or guest, and the merits of installing a decibel meter in your apartment. And it doesn't feel like advice because it's being discussed in such a lighthearted yet argumentative way. Please join Joey and A.D. and develop your Uncommon Estate of Mind. Be uncommon. Be curious.
"I believe that if you're doing enough upfront to make sure you know what's going on, you can inherit tenants and be okay with it." ~ @ADTheFlyRealtor
In This Episode:
- Understanding the eviction process in California
- Why short-term guests don't have tenant rights
- Using a decibel meter to keep a lid on your guests' noise levels
- Using doorbell cameras to see if there's irregular comings and goings
- Putting aside money as a landlord when rent gets paid
- Doing the appropriate background checks on your tenants
- Checking out past reviews of potential clients from other hosts
And more!
- Contact Uncommon - https://www.instagram.com/uncommonestateofmind/
Connect with Joey Garba:
- Instagram - https://www.instagram.com/mrjmaze/
Connect with Ademola Dawodu:
- Instagram - https://www.instagram.com/adtheflyrealtor/
- Personal -https://linktr.ee/adtherealtor
- TMG Investment Real Estate -https://tmginvestments.com/