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In this episode of "Your Landlord Resource," we do a deep dive into risk management for rental property owners. We cover a broad spectrum of topics like:

• The importance of knowing your numbers, with a focus on financial metrics like cash flow, cap rate, and more. 
• Property-related risks and the importance of insurance.  Policies can help safeguard your investments and protect you from unexpected liabilities. 
• The value of regular property inspections and preventative maintenance to minimize potential issues.
• Tenant-related risks, like tenant screening, lease agreements, and tenant retention strategies. 
• Good communication with your tenants: setting clear boundaries, and using incentives to encourage lease renewals.
• The importance of setting up your rental property business with the right legal structure, such as an LLC.

Join us in this episode to master the art of reducing and mitigating risks, ensuring a safer and more profitable landlording experience.

LINKS

👉 Email your questions for our Q&A Episode!

Stacie@YourLandlordResource.com

Kevin@YourLandlordResource.com

👉 Our FREE 10-Page Guide on Placing Your Ideal Tenant

This guide includes Creating Qualifying Standards/Policies, Understanding Marketing for your unit, The Application Process, Performing Background Checks, and Handing Over the Keys/Move-In

👉 Podcast Episodes:

Episode 4: The Importance of Rental Property Inspections

Episode 16: Is Holding Your Rental Properties in an LLC Right for You?

Episode 20: Part 1: The Nuts and Bolts of Residential Rental Property Insurance

Episode 21: Rental Property Insurance Part 2, Interview with Ryan Bravo

Episode 28: The Cash Reserves Blueprint: Protecting & Expanding Your Portfo

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📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlordResource.com

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✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

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