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Rental Income Podcast With Dan Lane

How Landlords of 40 Years Have Had Just A Few Evictions With Skip and Mary Saylor (ep 7)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Investing, Entrepreneurship, Business

4.8835 Ratings

🗓️ 21 October 2014

⏱️ 19 minutes

🧾️ Download transcript

Summary

How to pick the right tenants, to minimize evictions.  Skip and Mary Saylor talk about the lessons they have learned from 40 years of owning rental properties.  They have rented a lot of properties, to a lot of different people over the years, but they have had very few evictions.  On this episode they reveal, in detail, exactly how they screen tenants

Transcript

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0:00.0

Are you looking to generate more rental income with your investment property? Do you want to run your

0:05.1

properties with less hassle so that you have more free time? Well, then you are at the right place.

0:11.3

This is the rental income podcast where we talk to owners of rental properties and give you

0:16.7

actionable tips and advice that will help you make more money while dealing with less hassle.

0:22.1

And now your host, Dan Lane.

0:24.4

I put together a list of seven things I wish I knew earlier about renting properties,

0:29.5

and you can download your free copy.

0:31.9

Just go to my website, free landlordgift.com.

0:35.7

Well, today on the show, we have Skip and Mary Saler, and they have been

0:39.8

owning rental properties for 40 years. They're mainly buy and hold investors. They buy a lot of

0:46.7

properties and rent them out. And one thing that I really want to talk to them about today is

0:52.2

their eviction rate. They just don't evict a lot of tenants.

0:55.4

They do a really good job of picking the right tenants to put in their properties. So I want to ask

1:00.9

them about their screening process, have them go step by step through everything that they're doing,

1:05.8

and we will put everything on our show notes page. You can get to that at RentalIncomepodcast.com

1:12.9

slash episode seven. So let's get right into the interview. So Skip and Mary, why don't you

1:18.6

just tell us a little bit about yourself and how you got here? All right. Skip moved to the

1:26.9

Hampton Road area of Virginia in, um, the, toward the end of his

1:32.3

active duty Navy days. And I moved here to work as a computer programmer at NASA Langley.

1:39.3

We met. Um, we each bought our, we're buying our own homes at the time we met.

1:45.2

We got married and we ended up with an extra house.

1:50.0

So we decided to live in one and rent out the other one.

...

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