Best Practices Dealing with City Officials

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When you own a rental property, there are many city officials that you may interact with.  These include inspectors, code enforcers, planning departments, fire department, health department, tax collectors, and more.  These officials can make your life really easy or REALLY HARD.  Knowing how to navigate these relationships can save you time, money, and frustration.  Listen in as Matt and Matt share their secrets for dealing with city officials.  Enjoy!

 

What You’ll Learn:

  • What types of city officials you should be prepared to deal with.
  • Why you should focus on the war not the battle.
  • The importance of knowing the key players in your town.
  • What the goal of your property is.
  • How to turn an inspector into a friend.
  • The lesson you should take from Fonzie from Happy Days.
  • How your pride can be very expensive in this business.

Maximizing Section 8 Properties

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Today’s episode is all about the much misunderstood Section 8 program.  We are discussing what Section 8 is, how it works, and how you can use it to maximize the performance of your rental portfolio.  Plus Matt and Matt are sharing some insider secrets for locating and incentivizing Section 8 tenants to rent your property.

 

What You’ll Learn:

  • What Section 8 is; and
  • How the tenant qualifies for the program to get housing.
  • How the money hits your account.
  • The stigmas attached to Section 8 tenants; and
  • Why the caliber of tenant has increased over the last several years.
  • How Section 8 tenants compare when it comes to retention.
  • What happens when a Section 8 tenant tears up a rental house.
  • How the voucher system works.
  • Why MA would rather have a Section 8 renter for $900 per month vs. a market renter for $1,000 per month.
  • How MT’s property manager finds Section 8 tenants.
  • How MA incentivizes tenants to rent with him.

 

Episode 9: Drew Downs Interviews Matt

Oh how the turntables have. . .turned.

You’ll remember Drew Downs from a previous episode. Drew got into real estate at an early age and has been making it happen ever since.

In this episode, Drew interviews Matt for his podcast and they discuss the strategies Matt employs in his real estate business.

They cover everything from rehabs to rentals to turnkey products marketed exclusively to international investors.

You don’t want to miss this one!

Like what you hear? Subscribe via iTunes & leave us a review while you’re there!

Episode 8: Rent to Own & Creative Financing: A Conversation with Franklin Cruz

This is how to party

After serving in the military for 7 years on active duty, Franklin Cruz surveyed his post-Army options and realized that only a handful offered the freedom he desired for his family.

Real estate was a natural fit and he jumped in. Since then, he’s touched virtually every facet of the industry.

Franklin is a master of creative real estate and has had a lot of success putting together deals when no one else thought it could be done.

This episode focuses on lease option and rent to own strategies–two important methods to explore during a down market.

Also, Franklin has great hair.

Like what you hear? Subscribe via iTunes & leave us a review while you’re there!

Episode 7: How to Rehab & Retail: A Conversation with Blake Seo

What a stud.

Blake Seo bought his first house at age 19 (using a credit card!) and has been in real estate ever since.

He flipped properties in Ohio before learning about the opportunity in Florida and heading down to the Sunshine State.

Listen in as he and Matt discuss what he’s doing now and how he incorporates his love for design into his business strategy. Learn why he intentionally prices his properties on the high end and how you would do well to do the same.

Like what you hear? Subscribe via iTunes & leave us a review while you’re there!