Podcast Archives

Episode 87: Essential Communication Methods Every Landlord Should Know

posted on : November 11, 2024 0 Comment

A gold-colored background states the title Essential Communication Methods Every Landlord Should Know; Episode 87.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Effective communication is key for landlords in maintaining a positive relationship with tenants and ensuring smooth rental operations.

Different situations require different communication methods, and landlords should be mindful of when and how to use each one.

There is a time and place to be casual and absolutely a time when being professional is of utmost importance.

In this episode, we are discussing the different forms of communication you, as landlords, can use and in what situation you should use them.

We also address the tone, the language, and in what instances it’s important to be communicating with your tenants.

LINKS

👉 Clean Dryer Lint Trap Sign, Acrylic (Available in White or Black), 5 x 3.7 Inches, 2-pack, $8.99

👉 Check out the How to Clear Jammed Garbage Disposal Video we recorded for our tenants. Feel free to use it for your own tenants and units!

👉 Episode 4: The Importance of Rental Property Inspections

👉 Product: Our 6 Page Inspection Checklist, $9.99

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

👉 Text Us a Question! Two methods available: SMS text to 650-489-4447.

OR https://www.buzzsprout.com/twilio/text_messages/2143553/open_sms

This text system is one way only, you need to include your email for a response.

Please allow 1-2 business days for us to get back to you regardless of method.

👉 Download our FREE Forms and Documents!

👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!

On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.

On Spotify, please click the 5.0⭐ on our the front page of our podcast page.

👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.

👉 Follow us on Instagram

👉 Like us on Facebook

👉 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

Check out samples of our newsletter👇 If you love it, you can subscribe from there!

July 23, 2024How to Avoid Capital Gains Tax on Real Estate
June 25, 20245 Essential Property Management Bookkeeping Tips

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Episode 86: Winter and End-of-Year Prep for Your Rental Property Business

posted on : November 4, 2024 0 Comment

A gold-colored background states the title Winter and End-of-Year Business Prep for Your Rental Property Business; Episode 86.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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You often hear us discussing the importance of inspections and preventative maintenance.

Where we do this in the Spring season, one of the best times of the year to perform these tasks is during Fall, in preparation for the winter months.

This week on the podcast, we are discussing what landlords should focus on to winterize their rental property.

We also dive deep into year-end business preparations in the office, which is something that really should not be overlooked. Budgets, analysis, planning, and tax prep are just a few of the items we will be discussing.

We know this is a busy time of year, but the peace of mind knowing we have done what we can to mitigate risk for our rental properties as well as our business, goes a long way.

Episode 85: 1099 Workers vs. W-2 Employees, Understanding the Differences

posted on : October 28, 2024 0 Comment

A gold-colored background states the title Understanding the Differences Between 1099 Workers and W-2 Employees; Episode 85.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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We all pay someone to do work for us at some point or another. But did you know that how you classify those funds paid (code and book that payment accounting wise), can determine if you think they are a 1099 worker or a W-2 employee?

This week on Your Landlord Resource we are discussing the two rules that the Federal government and potentially your state government use to determine the difference between the two.

It’s a short episode that’s packed with a lot of good info to keep your business out of trouble in case you are ever audited…and we are seeing a lot of people we know go through this right now and its NO FUN!

Episode 84: Tenant Screening Software, What Landlords Need to Know

posted on : October 21, 2024 0 Comment

A gold-colored background states the title Tenant Screening Software, What Landlords Need to Know; Episode 84.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Tenant screening software is becoming more and more popular now that landlords are working to improve their applicant vetting processes.

In this episode, we will cover what tenant screening software is, why it matters, and how it compares to other options like using property management software or hiring a property manager.

We’ll also cover a couple real-life horror stories about tenant screening gone wrong and the legal liabilities landlords need to be aware of.

So, whether you’re using screening software or not, by knowing the risks, the best practices, and the best tools can make or break your rental business.

Of course, we will also compare some of the top software options out there.

Episode 83: Fair Housing and Criminal Background Checks

posted on : October 14, 2024 0 Comment

A gold-colored background states the title " Fair Housing and Criminal Background Checks; Episode 83.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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As landlords, it’s essential to balance protecting your property and tenants with complying with anti-discrimination laws. This episode explores the intricacies of how the Fair Housing Act intersects with tenant screening practices, focusing on HUD’s 2016 guidance regarding criminal records.

We explain why a blanket “no criminal history” policy can lead to unintended discrimination, particularly under the concept of disparate impact. You will learn the importance of conducting individualized assessments that take into account the nature and severity of the crime, how long ago it occurred, and any evidence of rehabilitation. We also break down state-specific laws, such as “ban the box” ordinances that restrict when and how landlords can inquire about criminal records.

Of course, we are providing practical advice on documenting decisions, staying compliant with evolving state and local laws, and common pitfalls to avoid, like relying on arrest records or treating applicants inconsistently.

If you’re a landlord navigating tenant screening, this episode will equip you with the knowledge to create a fair, legally compliant, and effective criminal background check policy. You’ll want to tune in for actionable insights and avoid legal risks while protecting your investment.

LINKS

👉 EZ Landlord Forms: Set up a FREE account and get access to over 200 forms. USE CODE 𝐒𝐓𝐀𝐂𝐈𝐄𝟏𝟓 to get 15% OFF ALL first-time purchases, EVEN THE ANNUAL FEE or LIFETIME FORMS!

👉 Episode 6: Creating Standard Operating Procedures for Your Business

👉 Episode 49: Analyzing Credit Reports for Tenant Selection

👉 Fair Housing Information: US Dept. of Housing and Urban Development. This is your primary source for federal fair housing laws and regulations, including HUD’s 2016 guidance on the use of criminal background checks.

👉 The Fair Housing Act: This page from the Department of Justice outlines the full text of the Fair Housing Act and includes information on the enforcement of fair housing laws.

👉 Learn more about your local landlord-tenant laws: Look up “YOUR STATE/COUNTY”+ Local Housing Authority.

👉Get certified in Fair Housing Laws: The Fair Housing Institute. Use code YLR2024 for 15% Off any course purchase.

👉 Equal Rights Center: For $50 you can take a course called Best Practices for Ensuring that Criminal Records Screening Policies & Practices Comply with Fair Housing Requirements

👉 Text Us a Question! This is a one way text system only. If you want us to respond, you must include your email on the text.

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

👉 Download our FREE Forms and Documents!

👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!

On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.

On Spotify, please click the 5.0⭐ on our the front page of our podcast page.

👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.

👉 Follow us on Instagram

👉 Like us on Facebook

👉 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

Check out samples of our newsletter👇 If you love it, you can subscribe from there!

July 23, 2024How to Avoid Capital Gains Tax on Real Estate
June 25, 20245 Essential Property Management Bookkeeping Tips

Episode 82: Fire Safety, Landlord and Tenant Responsibilities

posted on : October 7, 2024 0 Comment

A gold-colored background states the title " Fire Safety, Landlord and Tenant Responsibilities; Episode 82.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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October 6-12, 2024, is Fire Prevention Week. Since we have many firefighters in our family who are constantly reminding us of what we need to be on top of regarding fire safety in our rental properties, we thought we would do a shorty episode to go over fire safety tips.

In this episode, we are focusing on who is responsible for what tasks. So, we are discussing all the fire safety responsibilities that the landlord must take care of and then jumping over to the other side and discussing what the tenants must handle.

And newsflash, even if the tenant has some responsibility in making sure your rentals remain safe, it is up to you to manage that they are following through and doing those tasks. We are also including what landlords need to do to mitigate the risks of tenants not following through.

As this episode runs much shorter than our usual episodes, I hope you can make the time check this important episode out.

Episode 81: Toxic Mold, What Landlords Need to Know

posted on : September 30, 2024 0 Comment

A gold-colored background states the title " Toxic Mold: What Landlords Need to Know; Episode 81.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Yep. That’s right, this is an episode about mold. It may seem odd but, in several states, some pretty strict rules have passed regarding disclosures, cleanliness, responsibility, and remediation.

In this episode we are discussing all those things as well as what to do when a tenant reports that they have found mold in their unit.

It’s unfortunate that nearly all the research we combed through was written by lawyers with tips for tenants on what to look for and when it would be appropriate to file a claim against their landlord.

Because of that, we wanted to make sure all landlords were informed of the consequences of not taking mold seriously and tips on how to keep yourself out of the hot seat when it comes to mold.

LINKS

👉 Email us a question or to request the CAA mold addendum we use in our lease:

Stacie@YourLandlordResource.com

Kevin@YourLandlordResource.com

👉 For information on mold rules and regulations in your state, check with your state department of environmental protection or your state department of public health.

👉 To see whether your state is considering mold-related legislation that might affect residential rentals, you can search the National Conference of State Legislatures’ Environmental Health State Bill Tracking Database. Check the “Indoor Air Quality—Mold” box in the “Topics” column and check the box next to your state.

👉 Episode 28: The Cash Reserves Blueprint: Protecting and Expanding Your Portfolio

👉 Episode 6: Creating Standard Operating Procedures for Your Rental Property Business

👉 The Section on Mold: EPA’s Website

👉 Text Us a Question! This is a one way text system only. If you want us to respond, you must include your email on the text.

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

👉 Download our FREE Forms and Documents!

👉 Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!

On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.

On Spotify, please click the 5.0⭐ on our the front page of our podcast page.

👉 Join our Private Facebook Group! A space to ask questions and network with other DIY landlords.

👉 Follow us on Instagram

👉 Like us on Facebook

👉 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

Check out samples of our newsletter👇 If you love it, you can subscribe from there!

July 23, 2024How to Avoid Capital Gains Tax on Real Estate
June 25, 20245 Essential Property Management Bookkeeping Tips

Episode 80: The Features Tenants Want Most in a Rental

posted on : September 23, 2024 0 Comment

A gold-colored background states the title " The Features Tenants Want Most in a Rental; Episode 80.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Do you ever think about what you can do to draw tenants to your rental property? Like, how can you stand out from all the other properties on the market?

This week on the podcast we are talking all about what the tenants want and look for when searching for their next home.

Much like the adding value podcast we did a few weeks ago, but this is from the tenant’s perspective, not the landlords.

There are several features that do not cost much, if anything at all, that rental property owners can implement to make their investment more appealing (and thus, more profitable) over their competitors.

From location, budget, digitalization, and physical amenities renters are looking for, we are covering it all on this episode of the Your Landlord Resource Podcast.

Episode 79: Accounting Software Options for Real Estate Investors

posted on : September 16, 2024 0 Comment

A gold-colored background states the title " Accounting Software Options for Real Estate Investors Rental Properties; Episode 79.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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For landlords who want to operate a profitable rental property portfolio where you can grow and scale your properties, accurate bookkeeping is essential.

It is just like any other business. You must maintain good records that will in turn enable you to evaluate and understand your property’s performance and your return on investment or ROI.

Where last week we discussed tips on bookkeeping like tracking, budgeting, and how best to set up your ledger accounts, this week we are talking about what accounting software can best fill your need for such things as bookkeeping automation, reporting, workflow, and tax prep.

Again, not a sexy topic but one that is much needed to keep all of us investors financially aware of what is happening with our rental properties.

Episode 78: Bookkeeping and Accounting Tips for Landlords

posted on : September 9, 2024 0 Comment

A gold-colored background states the title " Bookkeeping and Accounting Tips for Landlords; Episode 78.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Join us on this episode where we are discussing bookkeeping and accounting tips for landlords, where you can learn to operate a profitable rental property portfolio where you can grow and scale your properties.

It is just like any other business. You must maintain good records that will in turn enable you to evaluate and understand your property’s performance and your return on investment or ROI.

Listen, we know this is not a sexy topic. But managing your records and finances for your rental property properly can lead to significant tax savings, more rental income, lower expenses, and thus, better profitability.

This episode covers why consistent bookkeeping is so important, what you should be tracking, creating a budget, and tips on setting up your books and accounts.

And in true fashion, we had so much to say that next week we will continue this conversation and discuss the accounting software that is available to rental property owners and self-managing landlords.

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Category: Podcast

Episode 87: Essential Communication Methods Every Landlord Should Know

Listen On:

LINKS

Episode 86: Winter and End-of-Year Prep for Your Rental Property Business

Listen On:

LINKS

Episode 85: 1099 Workers vs. W-2 Employees, Understanding the Differences

Listen On:

LINKS

Episode 84: Tenant Screening Software, What Landlords Need to Know

Listen On:

LINKS

Episode 83: Fair Housing and Criminal Background Checks

Listen On:

LINKS

Episode 82: Fire Safety, Landlord and Tenant Responsibilities

Listen On:

LINKS

Episode 81: Toxic Mold, What Landlords Need to Know

Listen On:

LINKS

Episode 80: The Features Tenants Want Most in a Rental

Listen On:

LINKS

Episode 79: Accounting Software Options for Real Estate Investors

Listen On:

LINKS

Episode 78: Bookkeeping and Accounting Tips for Landlords

Listen On:

LINKS