Continue: Leasing Processes That Scale

Title:
Continued from episode 5: Leasing Processes That Scale
Summary:
In order to be a larger investor, you'll need to understand how to scale early on. Then once you scale, you'll take basic situations and make a process for it. IN this chapter we discuss how to consider hiring a handyman as a renter and definitions of clean and wear and tear.
Recorded:
October 4, 2019
Host:
Kassandra Taggart / Erik Boltman
Links:
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Real Property Management Last Frontier

Show Notes:

• • Introduction to The Landlord's Almanac
  • Continuation from episode 5
  • Questions regarding a dirty place before doing a lease renewal
  • Could enforce if there is a pest clause in the lease
  • If there is too much stuff causing improper ventilation thus causing mold
  • A story about a hoarder
  • Inspection is needed and why
  • Let's get back to the questions
  • The military has a different definition of cleaning
  • Questions: Professionally cleaning and carpet cleaning
  • Discussion on challenges of defining cleaning and using professionals and we all mutually agree on that definition.
  • What professional means by definition
  • How to use warranty work to build a win-win
  • Definition of wear and tear  
  • Wear and Tear Discussion
  • Alaska Law is pretty fair
  • Rug Doctor cleaners
  • Renter claims to be handy
  • Insurance Concerns 
  • Do a contract rather than reduced rent
  • Definition of the quality of work is a concern
  • Equitable Interest Claim Concerns
  • Do it like a business 
  • Closing

Sponsor the next show:
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Kassandra Taggart - Alaska Real Estate Broker - Real Property Management
Erik Boltman - Alaska Real Estate - Real Property Management

Chapters

• 0:00 Introduction to The Landlord's Almanac
• 0:33 Continuation from episode 5
• 0:57 Questions regarding a dirty place before doing a new lease renewal.
• 3:10 Discussion about pest being an issue with cleaning
• 3:44 Could enforce if there is a pest clause in the lease
• 4:24 If there is too much stuff causing improper ventalation thus causeing mold
• 4:50 Story about a horader
• 5:34 Inspection is needed and why
• 7:07 Lets get back to the questions
• 7:33 Clothes stacked in a corner causing a cold spot
• 8:20 Military has a different definition of cleaning
• 9:20 Questions: Professionally cleaning and carpet cleaning
• 10:11 Discussion on challenges of defining cleaning and using professionals and we all mutually agree on that definition.
• 11:16 What proffesional means by definition
• 12:44 How to use warranty work to build a win-win
• 13:47 Definition of wear and tear
• 15:48 Commercial: Real Property Management Last Frontier
• 16:13 Wear and Tear Discussion
• 17:58 Alaska Law is pretty fair
• 18:41 Rug Doctor cleaners
• 23:02 Renter claims to be handy
• 25:34 Insurance Concerns
• 26:06 Equitable Interest Claim Concerns
• 28:11 Do it like a business number