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Proactive Property Maintenance: Saving Money and Keeping Tenants Happy
Manage episode 452609659 series 3612499
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Podcast Episode Title:
"Proactive Property Maintenance: Saving Money and Keeping Tenants Happy?"
Summary:
In today's episode of Landlord Pal, we dive into the critical topic of property maintenance and repairs. From avoiding costly disasters to ensuring tenant satisfaction, discover actionable tips and strategies every landlord needs to manage routine and emergency maintenance effectively. Learn how staying proactive can save you thousands and preserve your investment for the long term.
Timestamps:
[00:00:00] Introduction: Why proactive maintenance is a game-changer for landlords
[00:03:00] The Cost of Neglect: How a simple leaking toilet can snowball into a $7,200 expense
[00:15:30] Building a Reliable Contractor Network: Tips for finding and retaining trustworthy contractors.
[00:25:45] Tools for Organization: Leveraging technology and documentation to streamline repairs and maintenance.
[00:45:00] Key Takeaways: The benefits of proactive maintenance and staying organized.
About Garret Wong
Garret Wong is the founder of the Landlord Pal podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.
Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.
Connect with Garret:
The Rent It Yourself Community
Get Involved:
Subscribe to Landlord Pal and follow us on social media for the latest updates.
Contact:
For feedback or questions, reach us at https://garretwong.com/contact/
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