The Creative BRRRR Strategies Podcast

S1E46 - Common Rental Real Estate Problems And Solutions

August 22, 2024 Joseph V. Scorese Season 1 Episode 46

Joseph shared his experiences as a buy-and-hold real estate investor with seven rentals, focusing on the common issues faced by property managers and offering solutions. He stressed the importance of a clear rental collection policy, online payment options, regular inspections, and open communication with tenants.

He also suggested effective marketing, competitive rental rates, and considering short-term incentives. Joseph highlighted the necessity of effective communication, proper bookkeeping, and using systems like Zillow, Turbo Tenant, or Thumbtack for rental management. He emphasized the need for being aware of potential repairs and maintenance issues, and mentioned the increasing availability of insurance in some states. 

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