Listen On:
Itâs a bit of a long one but we just had so much information to share we couldnât stop talking! This episode is all about how to handle vacant rental property showings.
We start off talking about the obvious and thatâs how to prepare. And where we definitely discuss it, when we say prepare, we donât just mean getting the unit ready. We are telling you ALL the things we need to do to get ourselves ready⌠and thatâs even before we hit the market!
We could not discuss showings without addressing safety. As Realtors ourselves, we have had a lot of training on what to do and what NOT to do when we show homes to prospective buyers. Guess what? The same principles apply to landlords and property managers.
The episode also takes a deep dive into the day of the showing, and we talk a lot about the information you want to try to get when walking and talking to your prospective tenant.
And you have to know it doesnât end with the showing! So, we are giving you all the tips on what we do when we follow up and try to close the deal.
Grab a cool drink and pop this episode on when you have 40 minutes to really listen because this episode is packed with lots of juicy rental property showing tips.
LINKS
đMove In/Move Out Inspection Checklist
Use this form to inspect your unit before a tenant moves in. Make sure the appliances and smoke detectors are working, thereâs a new air filter, the doors lock, and windows open properly, etc. Tenants get a few days to verify it all and then sign off on the condition in which it was received.
Why’s this important? Because at move out, they can’t say there was a dent in the dishwasher at moved in if they did not note it on this inspection sheet!
But the best part about this form? ITâS FREE!
Click here to download.
đ QR Code Generator website. Itâs as easy as entering a URL or link to what you want prospects to access. Your application, ad, or a unit walkthrough video are all perfect for QR codes.
đ Eviction Protections Gone, Landlords are Learning to Fight. Literally.
Article about Landlords who are learning self defense moves to stay safe.
đYour Landlord Resource Podcast, Episode 6: Creating Standard Operating Procedures for Your Business.
SOPs are where you lay out the who, what, where, when, and why of EVERY SINGLE PROCEDURE OR CRITERIA you have for your rental property business.
đYour Landlord Resource blog: How and Why Landlords Want to Create Standard Operating Procedures for Their Rental Property Business
đHelp other DIY landlords discover what we have to say⌠Please leave us a review of our podcast!
On ITunes, please scroll to the bottom of our main page (with our logo) and click âWrite a Reviewâ.
On Spotify, please click the 5.0â on our the front page of our podcast page.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
If you tuned in last week, you heard how we discussed how to market to your ideal tenant and to include your unit amenities as well as amenities that surround the area of your rental property.
We also talked about the importance of good photography in your ads and Kevin gave a lot of great tips on how to achieve a professional look by using your smartphone. He also discussed how to create walkthrough videos using your smartphone as well.
This week in Part 2, we are getting down to business. We focused on how to remain Fair Housing compliant when writing your ad copy. So, what you can and what you cannot write in your ads.
We also discussed what time of year landlords get the best bang for their buck when placing your ads and the pros and cons for having vacancies in each season of the calendar year.
Finally, we talked about the most effective software companies to place your marketing ads with. Itâs crazy that we get our best results from one company we really prefer not to list with!
Please check this podcast episode out!
LINKS
đOur Top 5 Prescreening Questions We Always Ask & Why
Time is money. Spending time meeting tenants just to find they don’t qualify to apply can be discouraging!
Prescreening a tenant can eliminate this frustration. Find out 5 of the questions we ask all prospective tenants before we schedule a viewing or send an application and why we ask.
đTurboTenant is a great option for landlords with just a few doors or for those who may be new to using rental property software.
For the most part, TurboTenantâs software is free to use so they are perfect for those on a tight budget.
đAvail is much like other rental property software companies where you can get a free account that give a landlord access to rental marketing, leases, tenant background checks, property accounting, and rent payment deposited to your bank account.
When you upgrade to Availâs paid version for $7 per unit per month, you get A LOT of extra perks. For instance, they wave ACH fees and expedite your rent deposits. You can customize your application and your lease instead of using a standard one. BUT the best thing about Avail is the fact that each property can have its own personal website. Now that is a really cool and professional landlord perk!
Click our special link to get $50 off your paid account! Now, depending on how many units you have, that can be a savings that carries you pretty far!
đHemlane is a software that is built to grow with your needs as a landlord.
For a minimal amount, there’s a really good basic package but what we love is the option to upgrade and add 24/7 maintenance management on.
It gets better! If you reach a place where you are ready to hand off management to a property manager, Hemlane has that too under their âCompleteâ option.
đDoorloop is relatively new to the landlord software space, but they are global and can handle any property in any country and with any currency.
Where their features are similar to the others, from a tech standpoint, Doorloop is extremely modern and intuitive.
There are help pop-ups all through Doorloopâs dashboard, it’s fully customizable, there are reporting templates, and they’re optimized for mobile devices and tablets.
đHelp other DIY landlords discover what we have to say⌠Please leave us a review of our podcast!
On ITunes, please scroll to the bottom of our main page (with our logo) and click âWrite a Reviewâ.
On Spotify, please click the 5.0â on our the front page of our podcast page.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
We knew we had a lot to cover, but we had no idea we had so much to talk about when it comes to marketing your rental property! We decided to split this episode into two parts, so we donât take up too much of your, likely overwhelmed, time.
In this episode we take a deep dive into understanding the amenities landlords want to promote for their rental property as well as the area or neighborhood around it.
We do not live in the same areas as our rental properties, so we really do not have a good understanding or feel for what their neighborhoods are like at different times of the day or week.
We also discuss the best ways to photograph your unit yourself and, if youâre adventurous, create video walkthroughs to show off your space to potential tenants.
Thereâs a lot of great information packed into this episode! If you love it, would you do us a favor and leave a review so other landlords and rental property owners can understand the value we provide?
Follow or subscribe on your favorite podcast platform! This helps push us up in the ratings and be seen and enjoyed by landlords near and far.
LINKS
đWe assembled and secured these 2X2 storage sheds to our multifamily complex for tenants to rent each month. We charge a small amount each month that will have each of them paid off in less than a year and then we can enjoy full profit from that point on!
đKevin uses this tripod for all his rental property photos. Having the camera stable and shooting from the exact same height for each photo makes the marketing pictures present clearly and more professionally.
đWhen creating quality walkthrough videos of your units, this gimbal allows you to present them with a smooth transition, without the shaking or bumpiness that is common if you hold the camera with your hands. To see how it work, check out the sample video linked here.
đKapwing video editing software is great (and FREE) alternative to using Adobe Rush which has all the bells and whistles professionals enjoy.
đTo watch a sample of our rental property walkthrough videos, click here.
đHelp other DIY landlords discover what we have to say⌠Please leave us a review of our podcast!
On ITunes, please scroll to the bottom of our main page (with our logo) and click âWrite a Reviewâ.
On Spotify, please click the 5.0â on our the front page of our podcast page.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
Let me start by saying that we are pet lovers. Kevin and I have owned a pet of some form for the better part of both of our lives. However, we do not prefer pets in some (most) of our units.
There are good reasons why not to allow pets but the argument on why landlords should allow pets is much greater. What it comes down to is personal choice.
How do you make this choice? By weighing the pros and cons! Take what you know about your rental units, your tenants, the state you live in, and how much work you are willing to do when you are faced with turning a unit that has housed a pet and use the information provided in this podcast to make an informed decision.
This episode gives you practical and actionable information about the good and bad of renting to pet owners.
We discuss:
âŞď¸Landlords fears of renting to pet owners.
âŞď¸What bad things can happen when pets reside in your rental property.
âŞď¸The financial benefits to your income if you choose to rent to pet owners.
âŞď¸What kind of tenants you likely will have if pets are allowed.
âŞď¸Actionable tips on things to do when renting to pet owners.
âŞď¸The differences between pets, service animals, and emotional support animals and why the differentiation is crucial to know.
This is a VERY informative 22 minutes! So, grab your favorite drink of choice and settle in for a quick info session on why should or should not rent to pet owners!
LINKS
đOur Pet Policy
Also known as Landlord Tech, this company provides portals for landlords to manage all the pets in their rental properties.
For landlords, they offer ESA verifications, contract data management, documentation storage, applications for animal requests, etc.
Each tenant has their own portal where they upload pertinent information and will receive notices regarding updated forms or even violation notices.
Even if you only used their ESA verification service, this company offers peace of mind.
Learn more about Our Pet Policy today!
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Fair housing testing is an essential tool for ensuring that property owners and managers comply with fair housing laws. The practice involves sending testers, who pose as potential renters, to assess whether landlords and property managers are engaging in discriminatory practices. As a landlord or property manager, it’s crucial to be prepared for when a tester comes to call. In this article, we’ll explore who can be a tester and the common methods they employ. We’ll also share tips to help ensure that you don’t fail your fair housing test.
Who Can Be a Tester and Where Can They Test?
Testers can come from various backgrounds and organizations. They can work for state fair housing departments, private fair housing advocacy groups, or the Department of Justice. Regardless of who they work for, their goal is to ascertain whether landlords and property managers are following the law and are fair housing compliant.
Testers use leading questions to target known trouble spots within the industry. Vague or leading questions should immediately set off warning bells in your mind that you are talking to a tester. You need to be sure that you are not saying or doing anything that could be interpreted as a violation.
Where might you come across a tester? Essentially, any place a potential renter would cross paths with a leasing agent can be a testing ground. Testers employ all forms of contact, including phone, email, social media outlets, and on-site visits. By far, though, the phone is the most widely used as it is the most cost- and time-efficient. Letâs consider two common topics used by telephone testers.
What Are Your Pet Policies?
One of the most common topics used in testing is about animals or pets. Testers will give just enough information to see how you or your staff respond. For example, a person calls in and says they are interested in your property but want to make sure their dog would be allowed, and the dog is a German Shepherd. It’s essential to note that the person said “their dog,” not “their pet.”
By assuming that the dog is a pet and wouldnât pass your breed restriction policy, you could be setting yourself up for a fair housing complaint. Best practices dictate that pet policies can be discussed as long as assistance-animal policies are also shared. Along with that, it is always a good policy to encourage the person to come in and fill out an application, as that is what will genuinely determine eligibility.
Is Your Property Accessible?
Another common question during fair housing testing is about accessibility. Consider this scenario, a person calls in and asks if the property is accessible because they require the use of mobility aids. It’s crucial to note that even if a property is not very accessible, and you have the best of intentions, you should never disclose this information and should avoid recommending more accessible properties. This can appear as discrimination and steering, which are violations of fair housing laws.
The correct response is to encourage them to visit the property’s website to see more images and arrange for a tour if they wish. You should never discourage a potential renter from coming in to take a tour or fill out an application under any circumstances.
Tips to Help Ensure You Pass Your Fair Housing Test
Educate yourself and your team: Proper training is key to ensuring fair housing compliance. It’s essential to educate yourself and your team on fair housing laws, including federal, state, and local laws. Make sure you are familiar with protected classes and any exemptions that may apply to your property.
Have clear policies and procedures: Develop clear policies and procedures for renting your property, including pet policies and assistance-animal policies. Make sure they are easily accessible to anyone who needs them.
Document everything: Document everything, including conversations with potential renters and any decisions you make regarding their eligibility. This documentation can be helpful in case of a fair complaint.
These are just a few topics that can come up during a fair housing test, but anything related to fair housing can be utilized. Regardless of whether you agree with testing and the tactics testers are legally allowed to use, fair housing training is key to ensuring fair housing compliance.
We have teamed up with The Fair Housing Institute to get our readers 15% OFF all courses. We get nothing for it, so just enjoy the perk and use code YLR2023 at checkout!
đListen to our most recent pocasts HERE
đWant early access to our blogs? Sign up for our FREE newsletter, Landlord Weekly. It comes out each Tuesday and contains our blogs as well as other landlord specific articles written by other industry pros, a deep dive into our tips, links to the products we love and use everyday in our rental property business, and links to our new podcast!
đCheck out our other blogs to guide you on your self-management journey as a landlord:
Beyond The Fico Score, How to Read an Applicants Credit Report
Marketing Your Property: Get to Know the Neighborhood
Tips for Taking Great Rental Property Photos
10 Things Tenants Need To Know From Landlords When They Move In
Letâs be social! Follow us on Instagram, Facebook, Twitter, or Pinterest!
Looking for a community of DIY landlords you can ask questions and bounce ideas off? Join the Your Landlord Resource Facebook Group, a discussion group for support, tips, and guidance to help create successful landlord-tenant relationships.
Listen On:
Part 2 on Rental Property Insurance!
Last episode, we went over the nuts and bolts of residential rental property insurance. We talked all about house hackers, single family home rentals, all the way up to multi-family units and what kind of coverage was important to each circumstance.
Part 2 is where we bring in the professional and interview our broker and insurance agent, Ryan Bravo.
Ryan and his brother Michael have been in insurance since the early 2000âs and took over their fatherâs booming insurance brokerage when he passed suddenly. These two are killing it in the insurance industry.
Theyâve won countless awards and are among the top 150 Farmers Insurance agencies in the country. Kevin and I are so lucky to have these guys on our team, for home and for business!
Hereâs what we discussed with Ryan:
âŞď¸ The current state of the insurance industry and why many agencies are pulling out of states with a high risk of natural disasters.
âŞď¸ The basics of a rental property policy and what it covers and does NOT. Plus, what are some riders or endorsements rental property owners should consider adding to their policies.
âŞď¸ Umbrella polices, who should have one? Also, are they needed with the protection of an LLC?
âŞď¸ He gave advice to a listener who submitted a question what to do after losing his insurance after filing a large claim.
âŞď¸ Lastly, he gave five questions rental property owners should be asking new insurance agents when interviewing them. This is common if you purchase your rentals out of stateâŚ
There was A LOT of useful information from the perspective of an insurance agent in this episode.
Give it a listen and if you love it, will you please do us a favor and leave a kind review on your favorite podcast platform? This will really help our little podcast grow and reach other DIY landlords.
How to get in touch with Ryan Bravo:
Email: [email protected]
Webpage: https://BravoInsuranceAgency.com
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
We had to split this subject into two podcasts so that our listeners wouldnât get too overwhelmed with all the info we are throwing at them.
This week we are discussing everything we know about rental property insurance for all sized residential investment properties.
We talk about when you can and when you cannot use a traditional homeownerâs policy for your rentals, which kind of rental policy is best and what your decision should be based on.
We couldnât give you nuts and bolts about rental insurance without addressing umbrella policies and our varying thoughts on when those are best put to use.
Who doesnât learn best by listening to stories of what other rental property owners have experienced? We have a few juicy stories to share too!
Finally, we talk about a few other options that are available to enhance your coverage.
The bottom line about any insurance is it comes down to liability and risk assessment.
So, tune in and listen to our thoughts about rental property insurance policies!
NEXT WEEK: In Part 2, we do a Q & A with our insurance broker/agent who just so happens to be among the top insurance agents in the US.
LINKS
đRead our Blog: Why Landlords Should Require Renters Insurance
đRead our Blog: The Who, What, When, and Why of Residential Vacancy Insurance
đEZ Landlord Forms
At EZLandlordForms, the goal is to make it EZ for anyone to be a great Landlord, get the most out of their investment, and get the most out of their experience as a landlord. Whether you’re a large Landlord with 200 units or a mom-and-pop Landlord with 2 units, they’ve got the tools to make your life easier.
Because their team is made up of real estate investors and Landlords, they know that a landlordâs work isn’t over once you sign a Lease Agreement. That’s why they have over 400 property management forms covering every phase of the Landlord lifecycle, including over 200 Free Landlord Forms.
Make your life as a landlord easier today by Creating a âFree Accountâ to access their free tools or becoming a âPro Memberâ to access their state-specific Lease Agreements and their entire library of Property Management forms for Landlords.
The cost for pro membership is $12 per month or $75 for the annual account. They now offer a lifetime pro membership for $399! Thatâs a killer deal!
With a rating of 4.8 from over 5,000 reviews, EZLandlord Forms is the perfect source for landlords!
đBest Primer for smoke damage: Zinsser B-I-N Advanced Primer with ultimate stain blocker
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
Wow, is this not one of the most frustrating things to happen as a landlord?
You get a good tenant placed or signed on for a lease renewal, giving you the feeling of security and ability to relax a bit. But noooooo, the tenant contacts you to say that they need to end their lease, either for professional or personal reasons.
You know itâs not easy for your tenant to give you bad news and know that, depending on the circumstance, you should be compassionate or show support for this change they are experiencing.
We are here to guide you on the legal reasons why a tenant is allowed to terminate their lease, how to handle non-legal reasons, and even what to do if you, as the landlord, needs to end a tenantâs lease early.
Lots of juicy advice in this episode! So, tune in and if you love it, would you do us a favor and leave a kind comment? We are really trying to reach all those DIY landlords and all these podcast platforms really like it when listeners share their experience! I know we tend to check out reviews to help us decide if something is a good fit for us, help us do this for other podcast listeners.
LINKS
National Domestic Violence Hotline
A website that informs you about what abuse is, how to get help, plan for safety, and is loaded with resources for those who need help.
15% OFF any Fair Housing Institute course! Use code: YLR2023
TurboTenant Landlord Software
TurboTenant is a great option for landlords with just a few doors or for those who may be new to using rental property software.
For the most part, TurboTenantâs software is free to use so they are perfect for those on a tight budget.
With a very minimal monthly fee, landlords can upgrade to have such items as all landlord forms, leases, and addendums included as well as accelerated marketing, rent deposits, and customer service assistance on TurboTenant.
At EZLandlordForms, the goal is to make it EZ for anyone to be a great Landlord, get the most out of their investment, and get the most out of their experience as a Landlord. Whether you’re a large Landlord with 200 units or a mom-and-pop Landlord with 2 units, they’ve got the tools to make your life EZier.
Because their team is made up of real estate investors and Landlords, we know that a Landlord’s work isn’t over once you sign a Lease Agreement. That’s why we have over 400 property management forms covering every phase of the Landlord lifecycle, including over 200 Free Landlord Forms.
Make your life as a Landlord EZier today by Creating a Free Account to access our free tools or becoming a Pro Member to access our state-specific Lease Agreements and our entire library of Property Management forms for Landlords.
Cost for pro membership is $12 per month or $75 for the annual account. They now offer a lifetime pro membership for $399! Thatâs a killer deal!
With a rating of 4.8 from over 5,000 reviews, EZLandlord Forms is the perfect source for landlords!
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
Who doesnât like to earn more profit??
We have given A LOT of examples of small items you can implement in your rental property business that will pay off BIG at the end of the year.
Many of these suggestions do not take a lot of time or management but some do take some cash to get them up and running. However, if you are setting aside cash reserves, THIS is what you want to use some of those funds for!
If you want to be a successful rental property owner, you MUST start to think like a businessperson and create multiple ways to add income to your bottom line.
When you go to sell your property and scale up to bigger and better units, these profit boosters will really help close the deal!
Give this episode a listen and see what suggestions we make that fit into your rental property business plan.
LINKS
Suncast BMS2000 Vertical Shed
We added a few of these to the back area of our 6-plex recently and charge $35 a month for tenants to rent them. The rent pays them off in less than 8 months and then itâs 100% profit as long as they stay rented.
We did not need to hire anyone to assemble, they were fairly easy to DIY!
The units do not come with any shelving, so we cut a few boards for tenants to be able to organize their items easier. WIN-WIN!
Click HERE to read more about these sheds!
Purchase our 6-Page Inspection Checklist ($5.00)
For properties up to 4 bedroom/4 bath and includes all pertinent areas to be inspected, including the exterior.
To date, this product is the only item we charge for. Help support our site while getting a valuable tool you can use over as many times as you’d like!
Click here to read more about what is included in the form.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links
Listen On:
This episode veers off the âhow toâ path and takes a look at the challenges we face as rental property owners.
Sometimes being a landlord is not easy. Often there are a lot of demands from your tenants, or your home, or a 9-5 job, or the needs of family and friends. Likely, all the demands seem to come at once!
We all want to be able to be there and âdo it allâ but is that whatâs best for us and for our loved ones?
We donât get specific as to exactly what you need to do to find peace; Only YOU can do that. Instead, we discuss challenges we have faced and suggest 4 steps that we are consistently referring back to for us to minimize the overwhelm.
Give it a listen and let us know your thoughts on the subject matter.
LINKS:
Our Top 5 Prescreening Questions we always ask and why we ask them!
Last year we added prescreening questions to our tenant evaluation policy.
Why? Because we got tired of getting excited about meeting a potential applicant, only to find out they did not qualify to rent our unit.
Yes, the criteria are listed in our ad copy, but 75% of potential applicants skip right over it.
Better to come right out and ask if they qualify before you set up a meeting. Itâs a waste of our time and theirs to not be upfront about our criteria.
We have a list of specific questions we ask each prospective tenant prior to even meeting them in person. This saves time and time is money.
Grab our FREE Download today!
WE LOVE INSTACART!
There are weeks we just have to hand grocery shopping duties off to others and using Instacart has been a game changer for us!
Sure, thereâs a minimal cost for the service, but the time saved and then used on more important tasks is priceless.
We use them for delivery of groceries, last minute gifts, and to deliver goods to family members in need⌠think college kids who arenât feeling well or aging parents who canât get to the store themselves.
Some stores we love to have them shop at for us are Costco, Target, Walmart, CVS/Walgreens, BevMo or Total Wines đ, ALL our local grocery stores, and even Lowes!
We have a $30 coupon if you want to give it a try!
Just click this link or enter code: SCASELLA1161F4 at checkout!
TurboTenant is a great option for landlords with just a few doors or for those who may be new to using rental property software.
For the most part, TurboTenantâs software is free to use so they are perfect for those on a tight budget.
With a very minimal monthly fee, landlords can upgrade to have such items as all landlord forms, leases, and addendums included as well as accelerated marketing, rent deposits, and customer service assistance on TurboTenant.
Hemlane is a software that is built to grow with your needs as a landlord.
For a minimal amount, you get a really good basic package but what we love is that you can upgrade to add 24/7 maintenance management on to your package. Your tenants then have a contact number to reach out to and Hemlane will then contact YOUR maintenance people specified and get the job done.
It gets better! If you reach a place where you are ready to hand off management to a property manager, Hemlane has that too under their âCompleteâ option.
Doorloop is relatively new to the landlord software space but they are global and can handle any property in any country and with any currency.
Where their features are similar to the others, from a tech standpoint, Doorloop is top notch.
Itâs extremely modern and intuitive.
There are help pop-ups all through the dashboard if needed, it’s fully customizable, there are reporting templates, and they are optimized for mobile devices and tablets.
Doorloop has thousands of apps which can be integrated with their software like google docs, accounting software, etc. so that you donât have to perform double entries. One of them being Quickbooks which was a huge plus for us!
Quickbooks is our go to software for accounting and bookkeeping. Using QuickBooks allows us to do a deeper dive into analysis and evaluate income and expenses.
We can segment these income and expenses by property and even down to the unit which is really nice OR we can see an overall picture of how we are doing with all properties combined.
We especially like that Quickbooks has a mobile app for us to accept payments on the go. This makes taking in person application fees and security deposits VERY convenient.
Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!
âŞď¸Landlord Tips âŞď¸ Early Access to Our Blogs âŞď¸ Landlord Specific Articles by Other Industry Pro’s âŞď¸Podcast Links