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2151 FBF: Good News Economy, Tenant Responsibilities, Saving Money on Repairs & Maintenance
Manage episode 416303903 series 3563509
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This Flashback Friday is from episode 1045 published last August 20, 2018.
Jason Hartman welcomes his mom back to the show to discuss self managing properties and how to find the best deals when you have to make repairs. The two also talk about what kinds of addendum she's adding to leases recently, rising rents, job numbers and more.
Key Takeaways:
2:36 Small business confidence at 35 year high
6:02 Job numbers are not showing an impact from the trade wars
8:51 There's legitimate wage growth for the first time in 4 decades, which is great for all Americans (and our economy)
11:10 Jason's mom has been able to raise 4 of her tenants rent by $100 a month
13:40 Have tenants have changed over the years?
16:47 How his mom gets good deals and aligns the tenants interest with her own
20:49 "You get what you pay for" is not true for much (if anything) in life
24:51 The kinds of clauses Jason's mom is putting in her leases to protect herself from unruly tenants
30:01 How to build a great relationship with your tenants
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