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Live Q&A - Hosting a Meet Up, Inherited House with a Pool Dilemma, and Raising the Rents When You Buy an Occupied Rental

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

 

This presentation is the live Q&A that I did the week of November 23rd and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!



Notable Quotes:

“There is no way an online experience creates a deeper, more meaningful, impactful relationship than in person. There is just no way.”

 

“I don’t think anyone can really multitask.”

 

“Even more than a maintenance cost issue, a long-term rental with a pool can be a liability issue.”

 

“Raising rents on a tenant-occupied rental that you just bought is 100% legal, but what are your ethical obligations?”

 

“Giving tenants more time to either figure out how to pay more rent or move is nice, but not required.”

 

“The market, or consumers, have the right to tell you, ‘That rent is too high and I am not willing to pay it.’”

 

“That is just how business is done all the time with multifamily investments. Why would you question it for a single-family house?”

 

“Please be a nice person, but don’t feel like you are doing anything immoral or unethical by raising the rent to fair market value.”






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