Real Estate Rookie

Apr 23 2024 49 mins 93

If you own a rental property, it’s YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident is in danger!

Welcome back to the Real Estate Rookie podcast! Eileen Daugherty is not only the property management business consultant here at BiggerPockets but also a fellow real estate investor, and today, she joins the show to talk about property management, new construction homes, and the importance of tenant safety. Eileen even shares her own real estate horror story, which occurred shortly after buying her first rental property and renting it out. You’ll hear how a neighbor’s seemingly innocent “crush” quickly escalated into a situation where her new tenant was being stalked, hacked, and harassed!

In this episode, Eileen shares the biggest learning lessons from this unfortunate experience and the MAJOR changes she made to improve tenant safety at her properties—from installing security cameras to providing virtual private networks (VPNs) and much more. But that’s not all! Stick around until the end to learn what it’s like to invest in the fast-growing market of Asheville, North Carolina!

In This Episode We Cover:

How to keep your tenants safe with landlord best practices

Why it’s worth building relationships with your neighbors and tenants

How to find an investor-friendly property manager for your rental properties

The three most important factors for choosing an investing strategy

How to scale your portfolio FAST with new construction homes

The pros and cons of investing in the Asheville, North Carolina market

And So Much More!

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