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BiggerPockets Real Estate Podcast

110: Eliminating the Hassle Factor As a Landlord with Glenn McCrorey

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 19 February 2015

⏱️ 67 minutes

🧾️ Download transcript

Summary

Everyone knows rental properties can be a great way to build wealth — but they also generally come with significant hassle and stress. However, today on the BiggerPockets Podcast we sit down and talk with Glenn McCrorey, an investor who discovered a unique and powerful real estate niche that makes his landlording almost completely hassle-free! Learn insight on renting to family and friends, tips on how NOT to waste your time worrying about your rentals, and ways to lessen the inconveniences that come with managing property. If you value your time but still want to invest in rentals — then don’t miss out on this unique episode! In This Episode We Cover: How Glenn got started on his first property What you need to know about renting to family and friends The ins and outs of special assessments Insight on the condo experience Reasons why Glenn and Brandon hold properties that aren’t earning What the “hassle factor” is and how you can manage it The secrets behind owning worry-free rentals How to “live the dream” as a landlord And SO much more! Links from the Show: Trivia Email BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down REO Wells Fargo BiggerPockets’ List of REOs BiggerPockets’ Forums: What kind of car do you drive? BiggerPockets’ Podcast Show 109 BiggerPockets’ Webinar Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt Tweetable Topics: “Even if you invest with creative measures, you should need to have some sort of reserve.” Share on Twitter Connect with Glenn Glenn’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show 110.

0:04.6

I don't even I don't interview the people are actually going to be living in the house so I don't deal with applications or background checks or or any of those things.

0:13.0

You're listening to Bigger Pockets Radio,

0:16.0

simplifying real estate for investors large and small.

0:19.0

If you're here looking to learn about real estate investing,

0:22.0

without all the height, you're in the right place.

0:25.8

Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.

0:31.6

Your home for real estate investing online.

0:34.0

What's going on everybody?

0:35.0

This is Josh Dorkin.

0:36.0

House.

0:37.0

To the BiggerPockets Podcast

0:40.0

Here with my co-host.

0:42.0

It's Brandon. What up B? What up Jay? You got to be I are we not tired of that introduction yet. You know we got a we got to spice this up. Oh yeah, how are we supposed to spice it up? Should we get some salsa music?

0:52.8

We should get some music and be like, you know, like, I don't know,

0:55.8

here comes Josh and Brandon, here comes Josh and.

0:57.6

Nice, I like it.

1:00.0

I like it.

1:00.7

All right, somebody record it and send it our way. We'll do it.

1:03.2

Okay. All right man, good show ahead today, man. We got lots of interesting strategies to talk about, don't we?

1:10.4

We do. This is a cool one. This is something that I latched onto because in my

1:14.5

landlording it gets a little bit stressful and there's a lot of hassle sometimes and today

...

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