All investing involves risk. Real estate investing adds unique risks like tenants trashing your property. Learn how to avoid, mitigate or address the risk of tenants damaging your properties in this episode.
Show Notes
In this special class about the dangers, risks and warnings of investing in real estate:
- The #1 fear that keeps potential landlords and new real estate investors up at night!
- Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets.
- Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it.
- Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process.
- The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property.
- How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment.
- Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters.
- Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants.
- Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment.
- Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks.
- Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses.
- Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property.
- Expert advice on when to hire a property manager and when to take matters into your own hands.
- Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing.
Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments.
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What is Sunnyvale Real Estate Investing & Real Estate Financial Planning™ Podcast?
Learn all about investing in real estate in Sunnyvale, California with a combination of real estate financial planning and modeling with numbers specific to Sunnyvale plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Sunnyvale).