User
Write something
๐Ÿ›‘ STOP PAYING! Is Your Property Manager Stealing Your Money?
Landlords, Is your property manager earning their keep? โš ๏ธ Most landlords sign their PM contract and then close their eyes. This is a huge mistake. If you use a PM, get ready to take notes. Ask yourself: Do I know the answers to the questions below? If you don't know the answers, your PM could be taking your money and doing a crappy job. Let me see if I can prove why you need to take back control and self-manage your rentals better! ๐Ÿ”ฅ Your Easy PM Check: Questions to Ask This list is your simple check-up. Use it to see if your PM is good or bad. When you are done, you will see why running your rentals yourself is the only way to make the most money. Part 1: Who Is the PM Company? (Check for Danger) These questions show if the PM is strong or weak. - Boss: How long have they been in business? Do they even have their own rentals properties? - Focus: Do they only do rentals, or do they sell houses too? (Selling means they're not focused on you) - Money: Are they a real company or just one person working solo under the radar? (Check ratings!) - Style: Does the PM get paid for turnover? Do they even try to keep good renters long-term? - Team: If the main person gets sick or quits, of retires, what happens then? Part 2: Hidden Fees (Where Your Money Goes) Watch out! Your fees are much bigger than you think. - Repairs. Do they charge extra money when they hire out work? (They shouldn't markup your repairs!) - Online Name: What do people say about them online? (Check past clients, Google, and Yelp!) - Fees: Tell me all the fees: fee for management, fee when the house is empty, fee for new renters. - Reserve: Do you have to keep a lot of extra money parked with them? Why, and for how long? - Results: How many homes do they keep full? What percent of renters stay for another year? Part 3: How They Work (Are They Cutting Corners?) Make sure they are safe and following the rules for your property. - Renter Check: What are the rules for checking a new renter? (Ask for the full list.) - Evictions: Do they kick out bad renters a lot? Who pays the lawyer for this? - Rent Price: How do they pick the right rent price? Do they just guess? - Leases: Is the rental lease updated every year to follow the newest laws? - Fixes: How do they decide if a repair needs a handyman or a real licensed contractor? - Tours: Can I see a rental house they are trying to rent right now?
๐Ÿ›‘ STOP PAYING! Is Your Property Manager Stealing Your Money?
How to Achieve Your Dreams as a DIY Landlord on Skool (And Why Most Never Will)
What's up landlords!? Sick of nightmare tenants who lie on applications, trash your place, and kill your cashflow with surprise repairs and vacancies? It hits hard when you're trying to self-manage rental property, threatens your whole setup, and makes you wanna quit or cave to pricey property managers. But hold up, I've got the DIY landlord tips right here to fix thatโ€”simple systems for landlords and automations that let you avoid property management fees and run things smooth like a digital landlord. Let's turn that mess into real freedom. This is your life and your rentals, and I can show you exactly how to make them run with barely any effort. I've got the map. I've mastered rental property management from self-managing in Iraq for over 10 years. But it's up to you to believe it's even possible. You probably think you need a property manager, but that's completely false. It's actually a limiting belief. Call it fear or say you're too busy, but the reality is it's an excuse. I say, you're not committed enough. Most landlords own a few rentals, yet they give away +10% of their profits to middlemen. Don't buy into the false dichotomy. You might think you only have two options: either deal with tenant problems or hire a property manager. There is another way. You can self-manage rental property better, with less time and effort using DIY landlord tips! ๐Ÿ”ฅ The Dream vs. The Reality Every landlord starts with the same dream: reliable cashflow and financial freedom. You picture yourself collecting rents while living your best life on your terms. But then reality hits. The mortgage is due and you need a tenant ASAP. So, you hire a property manager, let them eat 10% of your cashflow, and get used to it. You think your problem is solved. Yet you'll always be haunted by the reality they get paid every month for mostly doing nothing. Ever wonder why property managers lock landlords into contracts? Why don't they work on an hourly wage or by the job, like every other business? Because that's not profitable for them. They're not interested in you achieving your dreams of financial freedom. They're interested in making steady income off your investment. They're at odds with you. Your fate can be different thoughโ€”ditch those fees with smart rental property management.
How to Achieve Your Dreams as a DIY Landlord on Skool (And Why Most Never Will)
The DIY Landlord's Ultimate Tenant Screening Guide on Skool: Stop Getting Screwed by Bad Tenants
Yo, landlords! Ever been burned by a tenant who seemed perfect on paper but turned out to be a total nightmare? You know, the ones who lie on applications, fake their income, or "forget" to mention that eviction from last year? Yeah, itโ€™s a gut punch when youโ€™re stuck with deadbeats trashing your property or dodging rent, killing your cashflow. As a DIY landlord managing my own rentals, Iโ€™ve been thereโ€”and it sucks. But hereโ€™s the fix: screen HARD to disqualify those sneaky applicants before they even get a foot in the door. Keep reading, and Iโ€™ll show you how to protect your rental biz and sleep easy with rock-solid tenants. ๐Ÿ”ฅ Hereโ€™s the deal: your tenant is your #1 success factor in self-managing rental properties. Mess this up, and youโ€™re in for endless headaches. The mindset? Disqualify everyone until someone proves theyโ€™re legit. Show the property first to filter flakes, but make sure they know your requirements upfrontโ€”like min credit 600+ and income 3x rent. Run credit last after checking basics like occupancy limits or pet rules to avoid wasting time on duds. Advertisingโ€™s your first step to attract quality leads without the liars. Price smart using Zillowโ€™s Rent Zestimate or Rentometerโ€”overpricing means vacancies that hurt worse than a slight discount. Use high-quality photos, clear bullet points on amenities, and a pet-friendly policy (2 pets max, $25โ€“50/month pet rentโ€”boosts inquiries 50%). Post on Zillow (or firstโ€”dependent on your market), then copy to Apartments.com or Facebook Marketplace. Use a separate biz email and virtual number to track leads. Pre-filter with an online survey asking about move-in date, occupants, felonies, income. Only invite pre-quals to group showingsโ€”way less hassle than one-on-ones. For showings, reply fastโ€”under an hourโ€”โ€™cause tenants hit up multiple landlords. Group pre-quals into one slot, use a sign-in sheet, and watch their vibe. Punctual? Clean car? Ask open-ended questions to spot red flags. Follow up with an email: โ€œWant to apply? Hereโ€™s the link.โ€ If they pass, ask why to tweak your ad. These DIY landlord tips save you from wasting time on bad fits.
The DIY Landlord's Ultimate Tenant Screening Guide on Skool: Stop Getting Screwed by Bad Tenants
The DIY Landlord's Guide to Retiring Rental Rich in 4 Steps on Skool
What's up landlords? I'm Rene, The Forever Landlord. If you're sick of property managers eating your cashflow and wanna build real freedom through DIY property management, you're in the right spot. Today, I'm breaking down my 4-step guide to retiring rental rich. This ain't some get-rich-quick schemeโ€”it's about smart systems, self-service management, and holding forever for that sweet cashflow. And yeah, I'll hook you up with my Ideal Rental Checklist at the end. Let's dive in. Step 1: Nail Your Ideal Rental First off, you gotta define what makes a killer rental property. We're talking location, condition, tenant typesโ€”the works. Skip the junk that drains your time and money. Stick to one market for that economy of scale magic. Why? You only deal with one set of laws, one lease template, and it's way easier to manage. No juggling different states and their headaches. This keeps your DIY setup lean and mean, like a plain vanilla business that's pro-level without the bloat. Pro tip: Use my Ideal Rental Checklist to spot winners fast. It'll save you from buying a money pit. Step 2: Master Self-Management Okay, now get your hands dirtyโ€”but smart. Learn the basics: laws, fair housing, screening, maintenance. But don't burn out doing everything yourself. That's where self-service management kicks inโ€”like self-checkout at the store. Tenants handle their own stuff with digital tools. Go virtual: website FAQs, how-to videos for fixes, 24/7 online maintenance requests, auto-billing. No more midnight calls or grunt work. You're the boss, but tenants do the heavy lifting. This is DIY property management on steroids, giving you real freedom with minimal effort. Forget middleman PMsโ€”they just add fees and drama. You can do this better solo. Step 3: Crush That Debt Use rental calculators to figure out how much cashflow goes to paying down loans. Reinvest smart: Hit the smallest debt first for that snowball effect. Boom, more free cash faster. No fancy tricksโ€”just consistent grinding. With your self-service systems running smooth, you'll have extra dough to throw at mortgages. Imagine owning free and clearโ€”pure cashflow without the bank taking a cut.
The DIY Landlord's Guide to Retiring Rental Rich in 4 Steps on Skool
The Psychology Hack That Gets Tenants to Renew (Most Landlords Miss It)
What's up landlords!? Ever wonder why some landlords get lease renewals without begging, while others watch good tenants walk away? It's not about lowering rent or offering upgrades. It's about psychology. The Setup Question That Changes Everything - Before asking for a renewal, try: "Hey [Tenant Name], remind me - how long have you been with us?" - Let them answer back. "Wow, three years already? Time flies!" This isn't small talk. You just triggered something powerful in their brain. Why This Works When people reflect on their commitment, they want to stay consistent with that identity. Your tenant just reminded themselves: "I'm someone who stays put. I'm a loyal tenant." Now extending the lease feels natural - not like a new decision, but continuing what they're already doing. The 6-Step Framework Here's how to handle any pushback using my objection-handling system: 1. Listen - "Tell me more about that" 2. Acknowledge - "I get it, plans change" 3. Isolate - "What's your real concern?" 4. Validate - "If we solved that, would you want to stay?" 5. Close - "That wouldn't stop you from renewing, would it?" 6. Probe - "What's the cost of moving somewhere new?" Real Example Tenant: "I'm not sure I can afford it." You: "Tell me more - what's changed?" (Listen) "I hear you, costs add up everywhere." (Acknowledge) "Is rent the only thing holding you back?" (Isolate) "If we figured out the money, would you want to stay?" (Validate) "That wouldn't stop you from renewing today, would it?" (Close) The Magic Is In The Psychology Most landlords just ask: "Want to renew your lease?" Smart landlords prime the conversation first. They get tenants thinking about their history, their investment in the place, their identity as a good tenant. Then the renewal becomes obvious. Why This Matters Good tenants are gold. Finding new ones costs time and money. A tenant who's been with you 2+ years and pays on time? That's someone worth keeping.
The Psychology Hack That Gets Tenants to Renew (Most Landlords Miss It)
1-9 of 9
powered by
๐—ฅ๐—ฒ๐—ฎ๐—น ๐—˜๐˜€๐˜๐—ฎ๐˜๐—ฒ ๐—”๐—œ
Real Estate + AI = chaos & cash Share sauce. Copy shamelessly. Win deals. Make friends. Repeat. ๐Ÿ˜๏ธ ๐Ÿค– ๐Ÿ’ฐ
Build your own community
Bring people together around your passion and get paid.
Powered by