#011 - PROVEN Strategies to Grow Your Rental Business! 🚀🏡
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In this episode of the Get Keen podcast, Daniel Lee shares valuable insights on starting and growing a rental business. He emphasizes the hard work and problem-solving involved, highlighting the importance of the sales team and the costs associated with hiring the first employee. Dan discusses the benefits of building a rental business, provides tips for success, and warns against common mistakes. Drawing from his own experience of growing a rental business from scratch to over 800 properties, Daniel's practical advice is sure to inspire aspiring real estate entrepreneurs.
Are you an agent looking to take the next step and build your own business? Send us an enquiry and we'll be in touch: https://plumpartners.com.au/#contact-us
Follow Daniel:
https://www.instagram.com/dan_lee_plum/
https://www.facebook.com/danleeproperty?mibextid=LQQJ4d
https://www.youtube.com/channel/UCbVdJyrv-kOcdd7QIyvnzHw
Timestamps
[00:00:00] - Introduction
[00:02:18] The asset value of a rent roll.
[00:08:07] Rental business advantages.
[00:08:53] Benefits of starting a rent roll.
[00:13:22] Strategies for rental business.
[00:19:15] Converting rentals to investments.
[00:21:44] Google reviews incentive strategy.
[00:24:48] Google reviews for rental business.
[00:29:29] Maximizing business from current landlords.
[00:32:30] Challenges of property management.
[00:35:33] Importance of hiring a BDM.
11 episodes