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We are starting to break down the processes we use to give other landlords some guidance on where to start with their rental property business.  This is just a continuation of us working to get other landlords into the positive mindset and professional outlook required to take their rental property investments to the next level.

Security deposits and move outs can be very litigious and costly areas for rental property owners if they do not understand proper procedures.

In this episode we give actionable steps for landlords to follow when it comes to a tenant moving out.  We also do our best to drill into rental property owners the purpose of security deposits and whose money it really is.

This is like a mini masterclass on what to do when tenants end their tenancy.  Learn from the situations we have experienced.  So, sit back and give yourself some time to listen and contemplate the information we are putting out there.  

LINKS:

Your Landlord Resource, Move In – Move Out Itemized Checklist

This comprehensive form covers up to a 3-bedroom, 2-bath rental unit and includes:

➡️All elements of a kitchen, Dining Room, Bonus Room. Hall/Stairs, Mechanical Room, Garage

Front & Back Porch, Tenant information and relevant dates

➡️Signage lines for Move-In & Move-Out for both tenant and landlord

➡️Codes to indicate condition of each area

NOLO Security Deposit Links:

Security Deposit Statutes by State: Here are the statutes that govern a landlord’s collection and return of security deposits

Security Deposit Limits by State: Learn how much landlords can charge for security deposits by state.

Deadline for Returning Security Deposits by State: State deadlines for itemizing and returning tenant’s security deposits.

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

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Ready to be a serious rental property business owner?

This episode is all about creating Standard Operating Procedures.  What are those?

That’s your Operations Manual, you know, the written procedures of what you do for every task to manage your rental properties.

Why do you need them?  Give this episode a listen where we give you plenty of solid reasons as to why these are of utmost importance.

We cannot stress enough what being an organized, forward-thinking entrepreneur will do to take your investment portfolio to the next level.

No matter where you are in your rental property journey, THIS episode might be the most important one you ever listen to.

LINKS:

Book: The E-Myth Revisited; Why Most Small Businesses Don’t Work and What To Do About It.

E-Myth \ 'e-,'mith\ n 1: the entrepreneurial myth: the myth that most people who start small businesses are entrepreneurs 2: the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical work

Our Blog: Make It A Family Affair; How Landlords Can Employ Their Children for Tax Breaks, has a pretty solid list of all the items you should consider including when you implement this manual.  

FREE Download: Your Landlord Resource, Landlord Verification Form

Our Landlord Verification Form is perfect to use when inquiring with previous landlords during applicant background checks. 

This PDF form can be emailed directly to the previous landlord or used as a guide when calling the landlord directly.

We have left room at the top for personalization. Just add your business logo and name!

This form will help landlords:

·         Learn exactly what's needed to know about the applicant's behavior with the previous landlord(s).

·         Streamline your background check process to be more efficient and consistent.

·         Look professional in your landlord business.

Want the podcast link emailed to you weekly?

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

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Let’s get this out there, we are not tax specialists or CPA’s.  We are discussing what we have learned from our own personal research and experience.  OK, now that the disclaimer is out there, we can tell you what we discuss in this podcast episode!

As your rental property grows, you may find you need more help with the everyday tasks that are time-consuming.  These mundane jobs do not really help the growth of your business but are necessary to keep everything operating smoothly.

In this episode, we discuss the tax savings that can occur if you employ your children in your rental property business.  Depending on where you are in your journey, these tax savings can be quite significant.

But it’s not all about you and your business saving money.  We also touch on the personal benefits of employing your children and give several examples of what children of varying ages can do to help take tasks off your To-Do list.

Finally, we discuss options for your children to save or use the earned income and how putting them in charge of their own budget is a really good idea.  

If you have kids (or are planning to), this episode is for you.

Links: 

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Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro's ▪️ Podcast Links
https://YourLandlordResource.com/Subscribe/

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

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As we are landlords who promote professionalism and a business mindset, this episode is a prime example of how to embrace these outlooks. 

Too many landlords take the hands-off approach, thinking their tenants don’t want to be bothered.  That the less contact they have with the tenant, the better.  Maybe they won’t move out, maybe they won’t ask us for any improvements, maybe they won’t complain.  Guess what?  By avoiding the tenants, you’re ignoring your biggest asset, your rental property.

Like your personal home or your vehicle, rental properties need periodic maintenance.  It needs to be checked on to make sure your tenants are caring for it as intended in the lease agreement.  Make your presence known to your tenants so they will feel like you care about your investment and, in turn, them as your “customers”.

It has been statistically shown that rental properties that go without maintenance, have a higher turnover than those with active, attentive landlords.

Want to the whole process we use from a week before to two weeks after our unit inspections?  Give this episode a listen.  Being a hands on landlord isn’t difficult.  We are here to walk you through everything we know to help you move towards being a landlord that does right by your tenants.

Links: 

Purchase our 6-Page Inspection Checklist ($9.99). For properties up to 4 bedroom/4 bath and includes all pertinent areas to be inspected, including the exterior.

Help support our site while getting a valuable tool you can use over as many times as you'd like.

Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!

Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro's ▪️ Podcast Links

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

Send us a text

Routine maintenance is of utmost importance when owning rental property and Spring is the best time to get in there to inspect the structure and landscaping.

In this episode we cover in detail all aspects of what to inspect on the exterior of the building from the roof to the basement, and landscaping to fences.

Where the interior is 𝙎𝙐𝙋𝙀𝙍 important, we only discuss issues that may have occurred due to inclement weather, like where to look for mold and what to look for with all your mechanicals/HVAC.

Finally, we discuss several items for rental property owners to do some spring cleaning of in the business itself.  You’d be surprised how evaluating these items can save you thousands when tax time rolls around.

BONUS: We created a Spring Maintenance Checklist just for this episode!

So tune on in and please let us know what you think! Be kind please 😉

Links:
BONUS (Free Download):  Spring Maintenance Checklist

Read Our Blog:  Make it a Family Affair: How Landlords Can Employ Children For Tax Breaks

Read Our Blog:  How the California Deck and Balcony Law Affects Your Rental Property

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

Send us a text

This week on The Podcast you'll find us diving into the ever important subject of tenants and how to keep them renting long term.

It's no secret that the age old concept of client goodwill pays off. We believe that respect, kindness, and gratitude go a long way when it comes to landlord-tenant relationships.

In this episode, we discuss a multitude of ways you can make your tenant feel valued, important, and good about living in your unit and, ultimately, stay renting for years...even if you raise the rent.

Want to know how we do it? Check out this weeks episode!

Bonus: Click here to download a free PDF of Your Landlord Resource's Renewal Email template.

Subscribe to our newsletter, Landlord Weekly

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

Send us a text

In this episode Kevin and Stacie give you background information on who they are, why they created Your Landlord Resource, and what you can expect in future episodes.

Coming in at a 15 minute listen, its a short but sweet way to learn all about us!

Subscribe to our newsletter, Landlord Weekly

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: [email protected], [email protected]

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...