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Painless Property Management with AHI's Ralph Moore and Bryan Jenkins Part 2

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Manage episode 407258485 series 3561947
Content provided by ROI Wealth Watch, Jared Garfield, and Daniel Ray. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ROI Wealth Watch, Jared Garfield, and Daniel Ray or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ralph Moore and Bryan Jenkins joined us in episode 11 to share their wisdom on the importance of having excellent property management. They discussed the effects of good and bad property management and how it determines the overall profitability of a property. They also shared some of their strategies to guarantee quality services to their clients.

On today’s episode, Ralph and Bryan focus on maintenance and high-risk tenants. Ralph and Bryan discuss the two maintenance categories, how to budget for maintenance, and when you should evict a tenant. They also explore a few high-risk scenarios regarding tenants with bad credit and those who own pets.

“If you look at some of the statistics, an excess of 70% of those who don't renew is because of the maintenance.” – Bryan Jenkins

In This Episode of ROI Wealth Watch:

  • The two categories of maintenance.
  • Why you should always document any and all maintenance you do on your properties.
  • When should you evict your tenants?
  • How do you budget for maintenance?
  • Why a turnkey property is a better investment than income-producing properties.
  • How often are property management companies really inspecting?
  • The options you have when you're assuming greater risk.
  • Pets and how you can deal with potential tenants who own them.

Wealth Watch Words of Wisdom:

  1. Maintaining the property, keeping the tenants happy, and having them stay longer will give you better, long-term returns.
  2. A gap insurance product can be deployed when there's a tenant who's a higher risk.
  3. When something breaks, tenants shouldn't have to wait a month to get it fixed.

Connect with Ralph Moore and Bryan Jenkins:

Grab Your Free Gift!

Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate

Help Others Buy Real Estate in the Right Markets at the Right Times!

Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!

And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 407258485 series 3561947
Content provided by ROI Wealth Watch, Jared Garfield, and Daniel Ray. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ROI Wealth Watch, Jared Garfield, and Daniel Ray or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ralph Moore and Bryan Jenkins joined us in episode 11 to share their wisdom on the importance of having excellent property management. They discussed the effects of good and bad property management and how it determines the overall profitability of a property. They also shared some of their strategies to guarantee quality services to their clients.

On today’s episode, Ralph and Bryan focus on maintenance and high-risk tenants. Ralph and Bryan discuss the two maintenance categories, how to budget for maintenance, and when you should evict a tenant. They also explore a few high-risk scenarios regarding tenants with bad credit and those who own pets.

“If you look at some of the statistics, an excess of 70% of those who don't renew is because of the maintenance.” – Bryan Jenkins

In This Episode of ROI Wealth Watch:

  • The two categories of maintenance.
  • Why you should always document any and all maintenance you do on your properties.
  • When should you evict your tenants?
  • How do you budget for maintenance?
  • Why a turnkey property is a better investment than income-producing properties.
  • How often are property management companies really inspecting?
  • The options you have when you're assuming greater risk.
  • Pets and how you can deal with potential tenants who own them.

Wealth Watch Words of Wisdom:

  1. Maintaining the property, keeping the tenants happy, and having them stay longer will give you better, long-term returns.
  2. A gap insurance product can be deployed when there's a tenant who's a higher risk.
  3. When something breaks, tenants shouldn't have to wait a month to get it fixed.

Connect with Ralph Moore and Bryan Jenkins:

Grab Your Free Gift!

Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate

Help Others Buy Real Estate in the Right Markets at the Right Times!

Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!

And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.

  continue reading

49 episodes

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