How To Make Your Rentals More Profitable With Lee Blackburn (Ep 298)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Business, Investing, Entrepreneurship

4.8 • 836 Ratings

🗓️ 19 January 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Lee is an investor and a property manager and has seen many clients be successful with rentals, as well as clients that haven't done well with their rentals.

On this episode we talk about the most important factor in buying a rental property, the perfect number of bedrooms to have in a rental property, the best types of neighborhoods to invest in.

Lee also shares how to minimize turnover, and how much an investor should, on average, budget for repairs.

Transcript

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0:00.0	inspiring interviews with today's top landlords.
0:04.7	This is the rental income podcast.
0:07.6	And now, Dan Lane.
0:09.6	My guest on the podcast today is a rental property investor, and he also owns a property
0:15.4	management company.
0:16.9	And I think that puts him in a really unique spot because he can talk about what's
0:20.7	working and what's not working for him as well as for the properties he manages.
0:26.3	He has some clients that are really successful with their rental properties and others that aren't doing so well.
0:33.2	And I want to find out the ones that are doing well, what are they doing?
0:36.7	What are they buying? What kind of
0:38.2	neighborhoods are they in? How do they want their properties run in comparison to the people that
0:43.7	aren't doing so well with their rental properties? So let's take a really quick break. We'll
0:48.9	thank our sponsors. We'll come right back and we'll meet Lee Blackburn from Nashville, Tennessee.
0:54.2	Being a landlord just became a lot easier thanks to tenant cloud.
0:59.4	They have everything you need to manage your rental properties all in one place,
1:03.9	from taking online applications to creating custom leases specific to your state and collecting rent online.
1:12.1	And this is really cool.
1:13.4	They actually have local contractors in your area to help you when you have a repair call.
1:19.3	That's right, contractors in your area that are there for you when you need them.
1:23.7	Everything is right there all in one place.
1:26.5	How much does it cost?
1:27.7	Well, this is crazy.
	...

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