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#427: How to Turn Your Rentals Into Passive Income (Not a Second Job)
Episode 427

#427: How to Turn Your Rentals Into Passive Income (Not a Second Job)

Real Estate Investing with Coach Carson

July 14, 202548m 47s

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Show Notes

๐Ÿ  TurboTenant โ€“ Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant

โš™๏ธ Free Mindmap of Landlord Systems: https://www.coachcarson.com/landlord-systems-mindmap/

โญ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm

๐ŸŽ™๏ธ Episode #427 - Chad and Harrison Stevens from TurboTenant share the tools and systems that help landlords manage rentals in just a few hours a month. From leasing to maintenance, learn how to make your rentals feel as passive as possible.

โ–ถ๏ธ Next Episode: How a Couple in Their 60s Retired With Rental Properties https://podcasts.apple.com/us/podcast/304-how-a-couple-retired-to-portugal-using-rental/id1448707654?i=1000624372147

๐Ÿ“„ Show Notes: https://www.coachcarson.com/passiveincomerentals/

๐ŸŽฌ Timestamps:

  • (00:00) - Making rental management more passive
  • (02:03) - Systems to reduce time spent on rentals
  • (02:55) - System 1: Leasing properties
  • (04:06) - Efficient marketing for landlords
  • (07:51) - Importance of tenant screening
  • (10:00) - Accuracy in tenant screening reports
  • (12:02) - Pre-screening potential tenants
  • (13:17) - Signing documents and lease processes
  • (18:45) - System 2: Collecting rent and deposits
  • (21:04) - Process of digital rent collection
  • (24:25) - Handling late payments and evictions
  • (27:34) - System 3: Maintenance requests and management
  • (36:37) - Preventative maintenance to avoid bigger issues
  • (38:53) - System 4: Bookkeeping and administration
  • (46:10) - Overview of TurboTenant software for landlords
  • (48:16) - How a Couple in their 60s Retired With Rental Properties

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โš’๏ธ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod

๐Ÿ–ฅ๏ธ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com

๐Ÿ‘‹ Connect with Me:

๐Ÿ“ธ https://www.instagram.com/coachchadcarson ๐Ÿ‘ https://www.facebook.com/coachchadcarson ๐Ÿฆ https://twitter.com/CoachChadCarson

๐Ÿ’ต Need Investor-Friendly Financing? This is who I trust โ†’ https://www.coachcarson.com/bryan

๐Ÿ’ฐ DealMachine โ€“ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT