Scale & Leasing Processes to Consider

Title:
Scale & Leasing Processes to Consider
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. Such as how to accept the first rent payment and decline a tenant.
Recorded:
October 1, 2019
Host:
Kassandra Taggart / Erik Boltman
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Real Property Management Last Frontier

Show Notes:

• Erik Introduction
• Erik's Job position
• Difference between The Landlord's Almanac  and Real Property Management Last Frontier
• Discussion about "scale" as a business owner vs a landlord
• Discussion on creating processes for scale
• Using the process of cleaning gutters and how a DIY landlord will look at the process vs a good property manager
• It is a slim chance you'll remember to do certain activities for management unless if you can organize a calendar of schedule and follow it.
• Apply the goal with the process and scale
• The guy who can scale will make more money than the guy who can' scale.
• Where do you want to put your brain bites? Balancing your time.
• Tell a story a memorable experience helping others on "The Landlord's Almanac"
• Discussion about the last two events and what was discussed.
• Forum Question about how much to collect for a first months rent
• The process of collecting 30 days of rent along with the reason behind collecting the 
• All about risk vs reward
• Discussion about accepting checks, cash, and or verified funds from tenants on the first payment.
• Establish a presence about being professional.
• Screening is more important for DIY landlords because bad tenants do target DIY landlords.
• There are programs now available to help with the tacking of the income and payments to leverage time and scale.
• Question about declining a tenant for lieing
• Tenants might bully for the decline
• We had such a good chat that this will be 2 episodes

Kassandra Taggart - Alaska Real Estate Broker - Real Property Management

Chapters

• 0:00 Erik Introduction
• 1:04 Erik's Job position
• 1:34 Difference between The Landlord's Almanac and Real Property Management Last Frontier
• 3:20 Discussion about "scale" as a business owner vs a landlord
• 3:41 Discussion on creating processes for scale
• 6:18 Using the process of cleaning gutters and how a DIY landlord will look at the process vs a good property manager
• 8:06 It is a slim chance you'll remember to do certain activities for management unless if you can organize a calendar of schedule and follow it.
• 9:08 Apply the goal with the process and scale
• 9:24 The guy who can scale will make more money than the guy who can' scale.
• 9:32 Where do you want to put your brain bites? Balancing your time.
• 11:15 Tell a story a memorable experience helping others on "The Landlord's Almanac"
• 11:51 Disusion about the last two events and what was discussed.
• 14:24 Forum Question
• 14:45 Forum Question about how much to collect for first months rent
• 15:14 The process of collecting 30 days of rent along with the reason behind collecting the
• 17:40 All about risk vs reward
• 20:10 Discussion about accepting checks, cash, and or verified funds from tenants on the first payment.
• 21:24 Establish a presidence about being proffesional.
• 22:17 Screening is more important for DIY landlords because bad tenants do target DIY landlords.
• 23:59 There are programs now available to help with tacking of the income and payments to leverage time and scale.
• 26:01 Question about declining a tenant for lieing
• 28:39 Teants might bully over the decline
• 31:00 We had such a good chat that this will be 2 episodes