#13 - Why You Should Use Property Management If You Have Tenants

Keith Gillespie shares insights on tenant screening criteria, rent pricing strategies, and property management systems. He also discusses the importance of finding the right property management company and shares a unique perspective on entrepreneurship.TakeawaysTenant screening criteria: Job stability and rental affordability are key indicators of a good tenant.Rent pricing strategies: Section 8 rent is determined by government subsidies, while fair market rent is influenced by local market conditions.Property management systems: Effective showings and lead collection are crucial for leasing success.Finding the right property management company: Seek referrals from experienced investors with a large portfolio of properties.Entrepreneurship insights: Keith shares unconventional insights on the entrepreneurial skills learned from the drug trade.Chapters00:00 Introduction and Audience Engagement06:00 Rent Pricing Strategies14:11 Property Management Systems23:58 Entrepreneurship Insights