Tue, 7 May 2019
1188: Client Case Study: Tenant Retention, Lease Renewals, Single Family Cost Segregations & Noise Pollution with Drew Baker, Part 1
Jason Hartman talks with client Drew Baker in part 1 of their interview about the new developments in Drew's journey in self-management. Drew gives Jason a rundown on how he deals with lease renewals, some of the repairs he's doing to his properties in order to retain his tenants, and what software he's using to keep track of it all. Jason also gives Drew a little bit of advice on how he may be able to accelerate his depreciation in a cost effective manner.
[5:15] The one type of pollution that China doesn't have, that America has PLENTY of, is noise pollution
[10:35] An update on Drew's self-management process
[13:38] Cost segregation studies have become reasonably priced for single-family homes and could well be worth the cost
[18:29] Drew tries to get his leases to come up for renewal in the warmer months, as well as signing a 2 year lease
[22:00] Drew's approach to lease renewals