5 Minute Landlord: Tip & Stories on Owning and Managing Rental Property
243 episodes - English - Latest episode: almost 2 years ago - ★★★★ - 9 ratingsBen Dao is a full time real estate investor that manages 30 rental units. I want to share tips and stories so you can better manage your portfolio. Please learn from my experiences so you don't become a tired Landlord. Five Minute Landlord! Support this podcast: https://anchor.fm/5MinuteLandlord/support
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Episodes
Compassionate Investing
October 26, 2021 09:00 - 2 minutes - 1.83 MBI have a friend investing in real estate but also helping people in under-served community.
Inspector made me Replace whole SUN PORCH
October 05, 2021 09:00 - 2 minutes - 2.13 MBIt has been a process but I am almost done. Here is what happen?
Is Smoking Weed OK?
September 30, 2021 15:14 - 2 minutes - 2 MBA percentage of tenants will likely be a marijuana smoker.
Stopping NO-Shows and Flakers
September 15, 2021 09:00 - 2 minutes - 2.02 MBI have dramatically reduced my No-Shows over the years.
Mold Issues
September 13, 2021 09:00 - 4 minutes - 3.69 MBI am dealing with a Bad case of Mold in the basement.
Is the Market Slowing Down?
September 09, 2021 09:00 - 1 minute - 1.68 MBIt wasn't as Hot as it was a few months ago. That could be good news for you.
How to Build Relationships with Contractors
September 07, 2021 09:00 - 2 minutes - 2.34 MBContractors are so important to your business. Here are a few tips to get off on the right foot.
Wave of Evictions Coming
September 03, 2021 09:00 - 2 minutes - 1.95 MBIt is about to hit the fan when they push evictions through.
Should you Rent to Friends and Family?
September 02, 2021 09:00 - 2 minutes - 1.81 MBThere is risk there. Here is what I do.
Going Out-of-Town for 1 Month
August 04, 2021 09:00 - 2 minutes - 1.8 MBLet's see how I will manage the properties remotely.
Recession Resistant Investment
July 30, 2021 09:00 - 1 minute - 1.56 MBRentals do well in all market cycles.
Rental Assistance Funds are Everywhere
July 28, 2021 09:00 - 2 minutes - 1.95 MBThis really helps you as well as the tenant.
Moving in Other People into the Unit
July 22, 2021 09:00 - 2 minutes - 1.97 MBSome tips on how to handle that.
Guy Sleeping in the Garage
July 20, 2021 09:00 - 5 minutes - 4.33 MBThis is a good story. See how I got him out of there.
Tools you Need in your Car
July 15, 2021 09:00 - 4 minutes - 3.51 MBAs a Landlord, you are dropping in on buildings. Here are some of the essentials you need in your car at all times.
What to Look for in a Property Manager
July 01, 2021 09:00 - 6 minutes - 5.56 MBHere are some things to help you find the right one.
Should you Accept Pets??
June 29, 2021 09:00 - 3 minutes - 3.06 MBHere are somethings to do if you accept pets.
Paying Over Appraisal Price
June 24, 2021 09:00 - 2 minutes - 1.71 MBThe block is getting hot so prices are going up. But sometimes that means the appraisal will come back lower than your agreed sales prices.
Expectations of this Business
June 23, 2021 09:00 - 5 minutes - 4.89 MBYou think it's going to be passive income on auto-pilot? Think again.
Multi-Family Vs. Single Family
June 22, 2021 09:00 - 3 minutes - 2.5 MBIs there a better one over the other? I lay out some of the pros and cons for each.
Owner Finance Deal
June 09, 2021 09:00 - 2 minutes - 1.64 MBWe just got 3 Owner Finance Deals.....From Family
Garage Caught on Fire
June 07, 2021 09:00 - 2 minutes - 1.93 MBThis was a surprise. I am glad I had Insurance.
Buyer Wants Renters Out
June 04, 2021 09:00 - 1 minute - 1.19 MBWe are selling a Duplex contingent Upon the Renters moving out.
$34k House
June 03, 2021 09:00 - 2 minutes - 2.1 MBWe just bought one and it rents for $750 a month.
How to get Good Tenants
May 12, 2021 09:00 - 3 minutes - 2.96 MBIt comes down to having a screening process that you run them through.
It's a Hot Market
May 10, 2021 09:00 - 1 minute - 1.58 MBHouses are selling high and fast right now. How does that effect you as an investor?
Low Interest Rates
May 06, 2021 09:00 - 1 minute - 1.5 MBAre we in a low or high interest rate environment right now?
Eviction Memorandum
May 05, 2021 09:00 - 1 minute - 1.53 MBEvictions are getting extended. Here are some ways to lower your risk.
Bank of Family
April 27, 2021 09:00 - 3 minutes - 2.62 MBYour family and friends can get a great source of financing and flexible terms. Treat them well.
Using a Paint Sprayer for the Whole Unit
April 23, 2021 09:00 - 2 minutes - 1.86 MBThis is a little strange but I am going to paint mostly the whole unit one color (including the ceiling). I have to save time and money on this one.
Junking 2 Cars
April 21, 2021 09:00 - 2 minutes - 1.75 MBTenant did leave 2 vehicles. I had to get rid of them.
Tenant Passed Away
April 19, 2021 09:00 - 3 minutes - 2.51 MBHe was a good tenant and person. Here is what I had to go through when managing this.
Realtor Helped me Skip Trace an Owner
April 16, 2021 09:00 - 2 minutes - 1.77 MBMy handyman recommended I call a realtor to track down an owner.
Testing a New Property Manager
April 15, 2021 16:26 - 3 minutes - 3.07 MBIt is trial and error but this is why I am hiring my second property management firm.
Tax Sales into Owner Financing
December 04, 2020 10:00 - 2 minutes - 1.88 MBA creative technique a buddy of mine is doing.
Relationships
December 02, 2020 10:00 - 4 minutes - 3.41 MBHere is how I handle my relationships in real estate. It is one of the most important things in business and life.
Prepping for Winter
November 30, 2020 10:00 - 2 minutes - 1.87 MBTips on how to prepare for the cold season. You want to be pro-active before a disaster hits.
Getting a Conventional Mortgage for your Rental
November 24, 2020 10:00 - 2 minutes - 1.9 MBMost investors get financing in a way that entails many processes.
Finding Great Contractors
November 23, 2020 10:00 - 2 minutes - 2.26 MBIt is some trial and error but go with your gut.
Tenant Referrals
November 13, 2020 10:00 - 1 minute - 1.4 MBOne of the best ways to find good tenants.
City Helping Fix Sewer Pipes
November 12, 2020 10:00 - 2 minutes - 2.11 MBSewer Lateral is like sewer insurance.
Pest Control
November 11, 2020 10:00 - 3 minutes - 2.98 MBIt is very important but often overlooked.
Homeless Person Camping next to the Duplex
November 10, 2020 10:00 - 1 minute - 1.46 MBShe set up shop right next to our unit.
Try Using the Same Paint Colors for Every Unit
November 05, 2020 10:00 - 1 minute - 1.63 MBHere is what I am trying
Gas Pressure Problems
November 04, 2020 10:00 - 2 minutes - 2.26 MBTenants are starting turn on their Furnances
Air BNB Syndication
November 02, 2020 10:00 - 2 minutes - 2.48 MBI am looking into alternative income investments. Here is what I found out on this one.