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cover of episode Simple Things You Can Do To Make More Money With Your Rentals With Joel Miller (Ep 496)

Simple Things You Can Do To Make More Money With Your Rentals With Joel Miller (Ep 496)

2024/11/19
logo of podcast Rental Income Podcast With Dan Lane

Rental Income Podcast With Dan Lane
AI Deep Dive AI Chapters Transcript
People
D
Danny
J
Joel Miller
Topics
Joel Miller 强调长期持有房产的重要性，认为时间是房产投资中最关键的因素。他分享了通过租金上涨和房产增值来积累财富的经验，并指出长期投资可以抵御短期市场波动带来的风险。此外，Joel 还详细阐述了其独特的租客筛选策略，包括电话预审和一系列标准化问题，以最大程度地减少空置期和潜在的租客纠纷。他还分享了关于是否允许租客养宠物的利弊分析，并解释了最终选择禁止宠物的理由。最后，Joel 提到了如何处理欠租问题，他主张即使追讨成功的概率不高，也要将欠租租客的信息提交给催收机构，并在信用报告中留下记录，以此来警示其他房东。 Danny 作为主持人，引导 Joel 分享了他的投资理念和管理经验，并提出了一些关键问题，例如长期投资的重要性、租客筛选的标准以及如何处理欠租问题等。

Deep Dive

Chapters
Joel Miller discusses the importance of time in building wealth through rental properties, emphasizing that real estate investing is forgiving and allows for potential profit over time through rent increases and property appreciation.
  • Real estate investing is forgiving and allows for potential profit over time.
  • Time allows for rent increases and property appreciation.
  • Rental properties typically increase in value at a higher rate than the inflation rate.

Shownotes Transcript

Joel has been investing in rentals for over 40 years and has figured out some simple things investors can do to make more money from their rentals.Some of the topics we cover on this episode:The most important element in building wealth with rentals.Why he doesn't think of maintenance as an expense?How can he get higher rent than similar properties?This one thing determines your success and happiness as an investor.How he saves time by weeding out candidates before he shows the property.Should you rent to people with pets?How to use collection agencies to collect unpaid rent.https://rentalincomepodcast.com/episode496)