Podcast Archives

Episode 81: Toxic Mold, What Landlords Need to Know

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.

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

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

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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.

Episode 77: Adding Value to Your Rental Property for Appeal and Profitability

posted on : September 2, 2024 1 Comment

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You know how when you see investment properties for sale, sometimes you’ll see the term added value? Usually this implies the purchase price may be at a reduced rate because there are improvements that can and should be made to make the property more profitable.

Added value also means there is an opportunity for new rental property owners to apply their own business strategy and knowledge that may have been lacking from the previous owner.

In this podcast episode, we are discussing what to focus on to add this value to your properties, not only for your own business strategy, but also in case you ever plan to sell your rental property and want to receive top dollar.

Specifically, we are talking about improvements you can make to the exterior, interior, and behind the scenes with your business strategy that could make a big difference to your tenants and ultimately, your bottom line and profitability.

Episode 75: The Due Diligence and Inspections We Complete Before Buying a Rental

posted on : August 19, 2024 0 Comment

A gold-colored background states the title " Due Diligence and Inspections We Complete Before Buying a Rental Property; Episode 75.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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So, we all know that cash flow and appreciation are two things’ investors are concerned with when buying rental properties.

Once you find a property, what EXACTLY should you be evaluating with regards to the neighborhood and the property itself before making an offer?

We are sharing our due diligence for the neighborhood to see if it’s a good fit for our strategy and checks all the boxes as well as the steps we take to do an initial inspection of the structural integrity of the property itself.

This week we are going over the process we are taking to break down all of the things we consider before we will even make an offer on a new investment property.

Episode 74: We Have $250K to Invest, What & Where Are We Considering?

posted on : August 12, 2024 0 Comment

A gold-colored background states the title " We Have $250K to Invest, What Are We Considering? Episode 74.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Have you ever wanted to know what investors consider before buying a rental property? Now is your chance to listen as we discuss the factors behind our decision to invest $250,000 in our next rental.

From what kind of property to all the different locations throughout the US where we are considering investing, we are here today to lay it all out there.

We are discussing why we like specific locations as well as our strategy for this next long-term purchase.

Episode 73: Senior Aged Tenants, What You Need to Know

posted on : August 5, 2024 0 Comment

A gold-colored background states the title " Senior Aged Tenants, What You Need to Know; Episode 73.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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The statistics on how many seniors, aged 65+, are renters is staggering. And those numbers are only getting larger as time goes on.

You might think that senior aged tenants are not really your market, but as time goes on, we bet you’ll be seeing a much higher number of this demographic as applicants.

This episode is all you need to know about what protections they have, what amenities they are looking for, and all the odds and ends landlords need to know about having this age group as tenants.

LINKS

👉 EP61: Fair Housing and Emotional Support Animals (ESA’s)

👉 Free Harvard University PDF: Housing America’s Older Adults

👉 Course on Seniors & Fair Housing: The Fair Housing Institute

Use CODE: YLR2024 for 15% off any course!

👉 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.

👉 Email us Your Questions!

Stacie@YourLandlordResource.com

Kevin@YourLandlordResource.com

👉 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 71: Landlord Q&A, Your Landlord Questions Answered

posted on : July 22, 2024 0 Comment

A gold-colored background states the title " You Asked Questions, We Have Answers; Episode 71.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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Occasionally, we like to do a landlord Q&A episode because we get a lot of questions from our listeners and followers that are important for all of us rental property owners to know about.

This week on the podcast, we have your landlord questions and answers, and we start with several follow up questions that came up about renters’ insurance. Specifically, can landlords pay for a policy on behalf of the tenant, can landlords REQUIRE tenants hold renter’s insurance, and how do we handle if the tenant takes out a renter’s insurance policy and then cancels it a few months after moving in?

Another question was about what’s better in a rental, gas or electric appliances. And before you go off on how electric is best, listen to what we have to say about tenants’ opinions on gas operated ones.

We were also asked about what mistakes we have made and how we corrected them. That was fun to rehash some pretty major errors in judgement! But we do have really solid solutions on how to overcome and avoid some of those mistakes made.

With the warm weather, landlords are getting asked permission to have a kiddie pool at their rentals. We have some really important points to consider before just saying yes or no to this request.

Lastly, we were asked about the importance of understanding Fair Housing laws as a self-managing landlord. So, we addressed this quickly and confidently, offering very easy solutions on how to handle it.

Enjoy this quick episode of landlord questions and answers!

Episode 70: Part Two, Dealing With Squatters and How to Avoid It from Happening in the First Place

posted on : July 15, 2024 0 Comment

A gold-colored background states the title " Part Two: Dealing with squatters and how to avoid it from happening in the first place; Episode 70.” There is a picture of a microphone and photos of the hosts, Kevin Kilroy, Stacie Casella.

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We’ve all seen the videos on social media. A landlord or developer shows up to their vacant investment property to find someone has moved in and is claiming they have the right to be there.

Last week we discussed what squatting and adverse possession are and how it can affect your rental property.

This week we are talking about what to do if a squatter moves into your rental and how to protect yourself from it even happening in the first place.

Worried this might happen to you? Give this episode a listen to see how you can reduce that risk!

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Category: Podcast

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

Episode 77: Adding Value to Your Rental Property for Appeal and Profitability

Listen On:

LINKS

Episode 75: The Due Diligence and Inspections We Complete Before Buying a Rental

Listen On:

LINKS

Episode 74: We Have $250K to Invest, What & Where Are We Considering?

Listen On:

LINKS

Episode 73: Senior Aged Tenants, What You Need to Know

Listen On:

Episode 71: Landlord Q&A, Your Landlord Questions Answered

Listen On:

LINKS

Episode 70: Part Two, Dealing With Squatters and How to Avoid It from Happening in the First Place

Listen On:

LINKS