What Are Some Life Hacks that Landlords Can Teach Others?

[Logan Allec]

Obviously there are life hacks that we as landlords pick up over the years — how to negotiate with people (e.g. contractors) who want to kick you around, how to buy inexpensive yet durable flooring, where's the best place in town to get rid of crappy furniture, etc.

Does anybody else have some good ones?

[Asad Shaikh]

@Logan Allec these are not my hacks. They are my father's, he owns multiple rentals and I have observed him over the years.

-He drives to meets contractors in a crappy car.

-He always negotiates pricing at first, but gives guys who perform repeat business what they are looking for as long as its fair. Reliable service > cheap service within reason.

-Once he establishes a contractor relationship, handyman, plumber etc. he gets their cell phone and will do a group text intro to tenant so they can coordinate mutual time to resolve any issue.

-I help him advertise rentals, and my simple hack is to have all prequalifying criteria in the first sentence of listing description to weed out all the tire-kickers.

-If I have a rental listing I need filled, I pay $100 for nice rental pictures and do one showing on the weekend only to get all potential tenants competing with each other.