5 • 957 Ratings
🗓️ 6 May 2021
⏱️ 23 minutes
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In today’s episode, Marco and his co-hosts discuss the differences between Canadian and American rules when it comes to troublesome tenants. Tune in to learn how to reduce tenant damage to the minimum.
WHAT YOU'LL LEARN FROM THIS EPISODE
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0:00.0 | So by taking inventory of the property and how it looked like beforehand and having inspections |
0:06.0 | every 45 days, they're actually violating their lease if they're not taking care of the inside |
0:10.0 | if you do it right, which means that you can hold them accountable to fix it or get the hell out. |
0:18.1 | Welcome to the Big Fat Real Estate Checks Podcast with Marco Kuzlowski, |
0:23.4 | where we help investors like you get the knowledge and skills you need to replace your J-O-B |
0:29.2 | with passive cash flow for life. |
0:32.7 | Hey everyone, welcome to another edition of Big Fat Real Estate Checks. |
0:36.8 | I am your Phyllis leader, Marco Kuzlowski, and I'm joined today with Gabriel Areschen Frank Galuchil, |
0:43.6 | where we will be discussing today yet more fun things related to how to buy real estate using |
0:49.6 | none of your own money, developing skill sets that will allow you to use none of your own money, |
0:53.9 | I should say, because you bought things at the right price, have the right team in place, |
0:58.0 | and know exactly what to do as things go right left and sideways zigzagging around, |
1:04.0 | which is all part of the fun in this business. |
1:06.9 | And today, we're going to give our final, perhaps semi-final, chime and chirps on tenants, |
1:14.6 | and what do they do if they destroy your place? Because I know in different areas, you have different |
1:19.1 | remedies. First, we'll talk about what happens in Canada, where we're all from. If tenant |
1:24.6 | destroys a property, what the heck we can do, and what our remedies are in the United States, |
1:29.4 | if the same thing happens, because there are different remedies based on different geographical |
1:34.0 | locations, and we can discuss them. Now, I should say it's not a matter of, if your tenant |
1:41.0 | will be destroying things, it's a matter of when your tenants will be destroying things. |
1:47.4 | Well, actually, maybe we should start with why would they destroy things before you get in? |
1:53.6 | The ultimate mystery. Why are you breaking my shit? |
... |
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