The Fun and the Mentals of Real Estate

Welcome back! In this second part of "The Top 10 Tenant Screening Tips Every Landlord Should Know," we dive into the critical mistakes and legal pitfalls that landlords must avoid to secure their investment and select the right tenant. We're covering the final five essential tips (Tips #6–#10) to complete your comprehensive tenant screening checklist.

Learn how to avoid choosing tenants out of desperation , the vital importance of a thorough written lease , and the steps required for a legally sound move-in and move-out process.

In this episode, you’ll learn:

✅ The dangers of underpricing your rental property to fill it quickly.

✅ The importance of financial preparation (having a cushion) to avoid desperate choices.

✅ Why skipping a written lease or having a "bad lease" is a major mistake.

✅ The importance of knowing and complying with your state's landlord-tenant laws (like security deposits and pet rules in Missouri).

✅ Why you must conduct a move-in inspection and the strict deadline for returning security deposits.

✅ How to set professional boundaries with your tenants for repairs and communication.

✅ The criteria for defining your "model tenant" and avoiding desperate decisions.

💡 Missed Part 1? Catch up on Tips #1 through #5 for the foundational steps of tenant screening!

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K

tenant screening, landlord advice, rental property, real estate investing, property management, rental mistakes, lease agreement, security deposits

Tenant screening tips, landlord advice, and rental application best practices — all in one place. In this episode, we reveal the Top 10 Tenant Screening Tips Every Landlord Should Know (Part 1) — covering tips #1 through #5 to help you protect your investment, avoid bad tenants, and confidently choose the right renter for your property.

From running background and credit checks to spotting red flags and setting fair criteria, these are the foundational steps every landlord needs before approving an application.

In this episode, you’ll learn:
✅ How to properly evaluate a rental application
✅ What to look for in a tenant’s background and credit report
✅ The biggest red flags landlords often overlook
✅ How to stay compliant with Fair Housing laws
✅ Tips to streamline your screening process and avoid costly mistakes

💡 Next week: Part 2 — we’ll cover tips #6 through #10 to complete your full tenant screening checklist!

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K

#TenantScreening #LandlordTips #RealEstateInvesting #PropertyManagement #RentalProperty #LandlordAdvice #RealEstatePodcast #InvestmentProperty

How do smart investors choose the perfect property? In this episode, we reveal real estate investing secrets every buyer needs to know before saying yes to a rental deal — from cash flow and ROI analysis to location strategy and risk management. Learn how to evaluate whether a rental property is truly profitable before you buy.

In this episode, you’ll learn:
✅ What the smartest investors look for before purchasing a property
✅ How to analyze rental income, expenses, and long-term returns
✅ The key differences between a good deal and a money trap
✅ Why mindset and math both matter in real estate investing
✅ How to make confident, data-driven investment decisions

Whether you’re buying your first rental or scaling your portfolio, this episode gives you the framework to think like a pro investor.

💬 Comment below: What’s your top rule for picking the right property?

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️

🔗 Your home is your biggest asset.

Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠

💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.

Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠

Contact Info:

Angela Dillmon

The Dillmon Group of Keller Williams Realty Chesterfield

📞 (314) 277-7713

📧 [email protected]

🔗 ⁠https://adillmon.kw.com/⁠

Glen Calvin

Guild Mortgage

Branch Manager | NMLS #742330

📞 (314) 249-2861

📧 [email protected]

🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠

Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:

• Facebook: https://www.facebook.com/angeladillmon/

• Instagram: https://www.instagram.com/angela.dillmon/

• LinkedIn: https://www.linkedin.com/in/angeladillmon/

• X/Twitter: https://x.com/ADillmon

• Google Reviews: https://share.google/obZU5GR87RumXGG0K

🔑 WANT TO BUY RENTAL PROPERTY WITHOUT A W-2?

You don't need a traditional job or tax returns to invest in cash-flowing real estate. In this deep dive, we reveal the two core strategies for financing your first, second, or tenth rental property using the property's income instead of your personal debt-to-income ratio. We demystify the Debt Service Coverage Ratio (DSCR) loan and show you how to leverage this incredible tool.

In this episode, you will learn:

• The little-known loan that lets you qualify based only on the property's rent.

• How to bypass the bank's traditional W-2 and tax return requirements.

• The House Hacking strategy for first-time investors (living free and building equity!).

• What the DSCR actually means and how to calculate if a property is a good investment.

• The one key metric lenders look at when you have no verifiable job income.

If you are a beginner looking to invest in real estate or an experienced investor scaling your portfolio, hit the LIKE BUTTON and SUBSCRIBE for more actionable real estate strategies every week!

What's the #1 thing stopping you from buying your first rental? Tell us in the comments!

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K#RealEstateInvesting

#DSCRLoan #NoJobNoProblem #BuyRentalProperty #HouseHacking #RealEstateFinance #InvestmentProperty #PassiveIncome

Making investment decisions doesn’t have to be complicated. In this episode, we break down the Personal Model—a mindset-driven approach that helps you make smart, confident real estate investment decisions that fit your goals. Whether you’re a first-time investor or expanding your portfolio, understanding how emotions, comfort, and timing shape your financial moves is key to long-term success.

In this episode, you’ll learn:
✅ What the Personal Model really means in real estate investing
✅ Why emotions often drive investment choices more than numbers
✅ How to find balance between comfort and financial opportunity
✅ When the “right time to invest” is more about mindset than math

If you’ve ever wondered why some investors take action while others hesitate, this episode will give you a framework for clarity, confidence, and smarter investing.

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠

Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K

#RealEstateInvesting #InvestmentMindset #TheFunAndTheMentals

Thinking about investing in rental property?In this episode, we break down the top reasons to invest in rental real estate — from generating passive income and building long-term wealth to maximizing tax benefits and appreciation.If you’ve ever wondered whether owning a rental property is right for you, this video will help you find your “why,” understand your options, and see how real estate compares to the stock market.💡 In this episode, you’ll learn:✅ When investing in rental property makes sense✅ Why starting with your “why” matters✅ Real estate vs. stock market: which builds more wealth?✅ 4 ways rental property makes you rich✅ Common myths about passive income and being a landlord📈 Learn how to use rental properties to create stability, freedom, and generational wealth through smart real estate investing.⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K#RentalProperty #RealEstateInvesting #PassiveIncome #WealthBuilding #RentalIncome #FinancialFreedom #PropertyInvestment #RealEstatePodcast #LandlordTips #InvestmentProperty #CashFlow

Curious about reverse mortgage requirements? This episode of Fun and Mental Real Estate breaks down the nuts and bolts of eligibility, age, and equity. We explain exactly what it takes to qualify for a reverse mortgage and walk you through the entire process, step-by-step.

If you're 62 or older with significant equity in your home, this is your complete guide. We cover everything from the initial phone call with a loan officer to the mandatory counseling and FHA appraisal. Learn about your payout options—lump sum, monthly payments, or a line of credit—and understand your responsibilities, like paying taxes and insurance, to ensure you can securely enjoy your home for years to come.

🔑 What you’ll learn in this episode:

• [01:21] The 2 Main Requirements: Age & Home Equity

• [02:01] The First Step: What Happens When You Call a Loan Officer

• [03:01] Your Payout Options: Lump Sum, Monthly, or a Line of Credit

• [05:52] The Mandatory Counseling Session: Why It's Required & What to Expect

• [09:00] The Application Process: Credit, Assets & Setting Funds Aside

• [10:32] The FHA Appraisal: What Condition Does Your Home Need to Be In?

• [11:40] Explaining the Costs & FHA Mortgage Insurance Fees

• [15:23] Understanding the "Non-Recourse" Rule for Your Heirs

• [16:31] Important Rules: Primary Residency & Renting Your Home

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️🔗 Your home is your biggest asset.Track its value and build your wealth for FREE.: ⁠https://hmbt.co/HZmjRn⁠💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 ⁠https://forms.gle/9Q2G3a2t7PZnYqMR8⁠Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 ⁠https://adillmon.kw.com/⁠Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 ⁠https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html⁠Stay ahead of the St. Louis real estate market. Follow me for daily insights, listings, and tips:• Facebook: https://www.facebook.com/angeladillmon/• Instagram: https://www.instagram.com/angela.dillmon/• LinkedIn: https://www.linkedin.com/in/angeladillmon/• X/Twitter: https://x.com/ADillmon• Google Reviews: https://share.google/obZU5GR87RumXGG0K#ReverseMortgage

#ReverseMortgageRequirements #homeequity #RetirementPlanning #MortgageTips #SeniorLiving #HECM #RealEstatePodcast #Mortgage101 #FinancialFreedom

How does a reverse mortgage actually work? It's one of the most powerful but misunderstood financial tools for retirees. In this episode, we break down the entire process from start to finish, explaining how it can be used to fund a secure and comfortable retirement.

Feeling "house rich, cash poor" and looking for ways to fund your retirement without selling your beloved home? We explain how a reverse mortgage can eliminate your monthly mortgage payment and provide a new stream of income or a financial safety net. Whether you need to pay for medical bills, fund home repairs, or even buy a new home closer to family, this episode walks you through the practical steps and powerful benefits .

👉 Subscribe for more real estate insights, homeowner tips, and retirement strategies.

Get FREE access to Homebot to track your home's value: 🔗 https://hmbt.co/HZmjRn

💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 https://forms.gle/9Q2G3a2t7PZnYqMR8

Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 https://adillmon.kw.com/

Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html

#ReverseMortgage #HowItWorks #RetirementPlanning #HomeEquity #FinancialFreedom #MortgageTips #SeniorLiving #RealEstatePodcast #RetirementIncome #MortgageExplained

Reverse mortgage myths are everywhere but what’s the truth? In this episode, we bust the 10 biggest misconceptions about reverse mortgages, from homeownership and costs to heirs and retirement planning.Thinking about a reverse mortgage but worried about the risks? We separate fact from fiction and explain what homeowners and seniors really need to know. Whether you’re exploring options for retirement income, considering how to leave your home to heirs, or just curious about how reverse mortgages work, this episode gives you clear, honest answers.🔑 What you’ll learn in this episode:• [00:01:26] Myth #1: If I get a reverse mortgage, I’ll lose my home• [00:02:00] Myth #2: Reverse mortgages are only for desperate or poor homeowners• [00:03:16] Myth #3: I can’t get a reverse mortgage if I have bad credit• [00:04:00] Myth #4: The bank will own my home after a reverse mortgage• [00:05:00] Myth #5: Reverse mortgages have extremely high fees and hidden costs• [00:06:00] Myth #6: My heirs will be stuck with the debt after I pass away• [00:07:44] Myth #7: Reverse mortgages are only for people who are broke• [00:08:10] Myth #8: I can’t leave my home to my children if I take a reverse mortgage• [00:08:31] Myth #9: You need to own your home free and clear to qualify• [00:09:38] Myth #10: I must have my house fully paid off to get a reverse 👉 Subscribe for more real estate insights, homeowner tips, and retirement strategies.Get FREE access to Homebot to track your home's value: 🔗 https://hmbt.co/HZmjRn💡 Thinking about making a move? We're here to help you get in position and make the most of this opportunity. To get a personalized game plan for your specific situation, reach out to us.Click here to schedule a consultation: 🔗 https://forms.gle/9Q2G3a2t7PZnYqMR8Contact Info:Angela DillmonThe Dillmon Group of Keller Williams Realty Chesterfield📞 (314) 277-7713📧 [email protected]🔗 https://adillmon.kw.com/Glen CalvinGuild MortgageBranch Manager | NMLS #742330📞 (314) 249-2861📧 [email protected]🔗 https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html

#ReverseMortgage #MortgageMyths #RetirementPlanning #HomeEquity #FinancialFreedom #MortgageTips #SeniorLiving #RealEstatePodcast #RetirementIncome #MoneyMatters

Why do people love living in St. Louis? In this episode of The Fun and Mentals of Real Estate, we dive into the surprising reasons people are choosing and staying in the Gateway to the West. Join us as we explore the four distinct seasons, lush green spaces like Forest Park, and the wide array of free, family-friendly activities like the world-class St. Louis Zoo and museums.Discover the vibrant food scene, with a diverse range of restaurants from Italian on The Hill to authentic Hispanic cuisine on Cherokee Street. We also highlight the convenience of living in the area, with an easy commute to most places within 30 minutes. From top-tier universities and healthcare to a rich history and a passion for sports, St. Louis has something for everyone.Whether you’re considering a move or are a proud resident, this episode will open your eyes to all the things that make St. Louis a fantastic place to call home. Don’t forget to tell us what you love about St. Louis in the comments below!Timestamps0:00 Why St. Louis? The Intro to a Great City 0:32 The Four Seasons & Beautiful Greenery 1:53 Forest Park: A World-Class Urban Oasis 2:21 The Free St. Louis Zoo & Other Family Fun 2:59 Small Town Charm in a Big City 3:46 A Foodie Paradise: Multicultural & Local Cuisine 5:03 Easy Commutes & Central Location 5:42 Museums, Music, & Entertainment 6:19 Outdoor Activities: Hiking, Fishing, & Floating 7:39 Top-Tier Healthcare & Universities 9:19 A City of Champions: Sports & Team Spirit 11:43 Wineries & Local Farms 12:44 Final Thoughts & More Things to Do

Ready to make your move?
Contact Angela Dillmon for expert real estate advice and guidance.
The Dillmon Group of Keller Williams Realty Chesterfield
📞 (314) 277-7713
📧 [email protected]
🔗 https://adillmon.kw.com/
For Refinancing and Home Loans: Connect with Glen Calvin to secure the best rates and terms.
Guild Mortgage
Branch Manager | NMLS #742330
📞 (314) 249-2861
📧 [email protected]
🔗 https://branches.guildmortgage.com/mo/chesterfield/glen-calvin-714-cngca.html