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The Most Dwanderful Real Estate Podcast Ever!

Episode 192 - Sourcing The Perfect Tenant

The Most Dwanderful Real Estate Podcast Ever!

Dwan Bent-Twyford

Commercial Real Estate, Financial Freedom, Women Who Invest, Investing, Foreclosures, Passive Income, Investment, Real Estate Investing, Real Estate Investing 101, Entrepreneurship, Business, Real Estate Tips, Careers, Women In Business, Entrepreneur

5.0276 Ratings

🗓️ 10 July 2021

⏱️ 16 minutes

🧾️ Download transcript

Summary

Send us Fan Mail In this episode of “Investing On the Go”, Will Twyford talks about what it takes to source the perfect tenant. He briefly covers why it is important to make sure you are getting properties in states that are going to work in your favor. Then he covers the 4 biggest tips for landlords and why you should enact them in your own properties. Lastly, Will encourages you to subscribe to this podcast and to leave Dwan a “5-star” review, after all, she is coming up on her 200th show! ...

Transcript

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0:00.0

Welcome to the most wonderful Rua State podcast ever, the show that gives you the loadout

0:19.0

on how to become a successful Rua State entrepreneur.

0:23.2

30 years of experience, America's top female Rua State investor is an expert in financial freedom

0:31.9

and turning dreams into realities. Now's your chance to become a wonderner with the help of the

0:38.6

one. Here's to a flaming hot for closure market with the help of the one cheers.

0:44.8

All right, welcome to another episode of investing on the go. I'm Will Twiford,

0:56.5

Dwan Ben Twiford's incredible son. Today investing on the go is our weekend warrior session.

1:03.2

This is a quick 15 minute session to help you while you're driving for dollars or drinking

1:08.4

your coffee in the morning or whatever you may be doing. Today's topic is sourcing the perfect

1:14.4

tenants. This is how to find perfect tenants. So that's one of the most important things. I have a

1:20.8

lot of rentals out in the Midwest and you know what, it's really important to keep your vacancies

1:28.7

down, keep your monthly maintenance and your yearly maintenance down and really have people that

1:34.6

are not a lot of work for your deals. You know, you have to make sure that these cash cows keep

1:40.4

making you good money time and time again. So let's talk a little bit first just about

1:48.0

your rental properties. Now for me, I like everything in the Midwest because everything that

1:53.4

I'm looking for is generally no more than $50,000. That means I try to buy it in the 20, 30,

2:01.8

$40,000 range. Sometimes I'll spend more if it's a little bit nicer house. But these houses,

2:07.1

I'm trying to be in them for no more than 50. Like one of the ones I bought this last year,

2:13.6

I paid $12,000 for. Well, it's one of those that needs all the electrical updates. It needs all

2:21.7

a lot of different texture to cover wallpaper and a lot of different things that

2:26.7

you know, full bathroom and just things that can be labor intensive. So not to get too on that

2:35.1

topic, but I'm probably going to spend $30,000 fixing it up. But these houses that we are working on

...

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