The secret to having a better relationship with your property manager with Landon Dean (Ep 73)
Rental Income Podcast With Dan Lane
Rental Income Podcast
4.8 • 835 Ratings
🗓️ 3 May 2016
⏱️ 22 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | inspiring interviews with today's top landlords. |
| 0:04.9 | This is the rental income podcast. |
| 0:07.7 | And now, Dan Lane. |
| 0:09.8 | Joining me on the podcast today from Oklahoma City is Landon Dean. |
| 0:14.2 | And I want to talk to Landon today about how he is managing his property manager |
| 0:18.4 | because he's doing a really good job of it. |
| 0:20.4 | And also I want to talk to |
| 0:22.0 | him about a recent property he bought that was a for sale by owner. Hey, Landon, welcome to the show. |
| 0:28.2 | Hey, Dan. How are you, man? Oh, doing good. Doing good. Sure, sure. So before we get into your story, |
| 0:33.6 | why don't you tell me why you invested in real estate versus stocks or anything else |
| 0:39.3 | that you could have invested in? What made you want to invest in real estate? Gotcha. Yeah. So we, |
| 0:44.6 | obviously, I think like a typical, you know, average home, you know, they have, you know, |
| 0:50.3 | you've got a 401k and some Roth IRAs or whatnot, different types of, you know, stocks, bonds. |
| 0:58.4 | What I think life and generally tells you to invest in those type of things, you know, for long-term benefits. |
| 1:06.7 | You know, and as things kind of started changing a little bit within the industry and just watching stocks and, you know, how they can be affected by one person, you know, going to a frenzy or a company going to a frenzy and it affects everything and people start selling and stocks go up and down. |
| 1:23.2 | And I had no way to control that whatsoever. |
| 1:29.1 | So my wife and I decided that, you know, let's look into something different, you know, |
| 1:35.7 | and I had a friend who had used a management company for one of his previous houses that he lived in, |
| 1:42.6 | and then they moved to another house and decided |
| 1:44.7 | to use the management company. And I thought, well, I don't want to, I don't really want to |
| 1:48.3 | deal with the tenants and any maintenance repairs and things like that. So he's the one that kind of |
| 1:55.0 | got me thinking in that problem, that avenue of things. But that's, you know, once we decided to go that route and decide, |
... |
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