Archive

Archive for the ‘Information’ Category

TAKE YOUR RENTAL BUSINESS TO THE NEXT LEVEL!

July 14, 2017 Leave a comment
The entire purpose of the boot camp is aimed at moving landlords to the next level. You often hear this a lot (or a variation of the following) in business promotion:  “Let us help you get your business to the NEXT level.” The thing about that is that nobody stops and really explains or defines what are those levels.  So how do you know when you actually get to a new level? 🙂

Well at my boot camps, we now start off by defining the 5 main levels of landlording. This is so that attendees can identify where they are currently, and more importantly, see where we are headed. Another important point is so that boot camp attendees can tell within 3 to 6 months if the training and bonus resources received has indeed helped them get to the next level or beyond. True business success is all about being able to “measure” your progress. In this brief writing, I can’t fully describe the huge financial impact it will be to your business by reaching the different Landlord Levels. However, below is an outline of how I define the Five Levels of Landlord.

5 LEVELS OF LANDLORD – UP TO A LEVEL 5 LANDLORD

Level 1 Landlord – Awareness of what are the main challenges of rental property success. This means that you as a landlord are at least aware of all 9 main challenges you and every landlord will have to overcome to be successful. You can identify what you will need to know; that you will have to be able to market vacancies, screen for good residents, maximize income, retain them for as long as you can, and a 5 other key aspects.
Level 2 Landlord – You have actually learned at least one or two effective strategies for each or most of the 9 essential challenges. For example, not only are you aware of what the 9 main challenges are, you have learned at least one or two good ways to market a vacancy, one or two good ways to screen prospective residents, and so on and so on.
Level 3 Landlord – As a landlord you implement MULTIPLE strategies and you are continually updating and fine-tuning your procedures. You not only know one or two ways to handle the 9 main challenges of successful landlording; you actually implement multiple (5-10 or more) ways to effectively handle each challenge.
Level 4 Landlord – You develop step by step written checklists for implementing procedures. You not only implement multiple ways to handle each main landlording challenge, but you have taken the time to write down the multiple procedures that you implement into a systematized set of checklists to successfully handle each landlording challenge. In this way you can consistently and effectively repeat your success in doing so.
Level 5 Landlord – You delegate various aspects of your rental business. You not only have your written systems in place, but using that written set of checklists you actually delegate many, if not most, of the the management tasks to others. In that way you have the freedom to focus on growing your rental empire if you choose to do so, or the freedom to enjoy life and other activities.
YOU ARE INVITED! For those of you who have not had the opportunity to join me at one of my boot camps and you would like my assistance in helping take your rental business to the next level, I invite you to join me at our next Boot Camp. And please know this, the training is not just helpful for landlords with dozens of rentals. The training is especially helpful for Mom and Pop landlords with 2 to 25 rentals who work full time, but who are really ready to learn how to best increase income, grow their number of rentals or want more freedom! NOW is the time for you to get serious and put together an effective framework for running your rentals so they don’t keep running you. 🙂 In the two full days of boot camp training along with the resources you walk away with (including a Procedures Manual, comprehensive set of Rental Forms, and a complete set of boot camp audio training), your business WILL get to the next level. Plus, you will be able to review the resources and continue to run and grow your business long after the event is over. I encourage you to set aside time to work ON your business and stop just working it. It will make a BIG difference in your cash flow and real estate success.
Advertisements
Categories: Information

IS IT WORTH IT?

June 8, 2017 Leave a comment

A landlord emailed me directly and asked point blank: Is it really worth it, the time and effort to come to the event (so much information is available online and elsewhere)?

I’ll be honest with you. It will be possible for you to eventually learn a lot of what I share. But why take 5 to 10 YEARS to learn what I can teach you in two DAYS? Not only that, it does not make sense to learn so much the HARD WAY, through the school of hard knocks, like so many landlords who end up not lasting long enough to survive and really enjoy the fruits of their rental efforts. There are tons of costly mistakes which I can help you avoid. The problem is that you don’t even know what you don’t know until after the fact. But in the meantime, the way you are running your rentals is costing you thousands of dollars and you don’t even realize it. You just know that you keep having challenges and frustrations and it seems the renters are not getting better.

The truth of the matter and the challenge is not for your renters to get better. The real change needs to be with YOU! I want to challenge you to stop running your business the way you have always done so. Most landlords are not even aware of how much your cash flow can be greatly improved and many frustrations eliminated by simply doing and managing your rental business differently. I promise you I can help you speed up the learning curve in doing things differently and more effectively and will teach you some of the absolute best landlording success practices so much faster than it would take you to learn it on your own. Stop trying to reinvent the wheel! And stop making all the mistakes that the vast majority  of landlords are unknowingly making.

Is it worth it? Is it worth learning from someone who has over 30 years of proven experience and who has helped thousands of rental owners increase their cash flow, improved their sanity and become more successful? YES, it is worth it!

Categories: Information

Burned Out Landlord shares his frustration….. (that many others can relate to)

October 27, 2016 Leave a comment
“After nearly 30 years of buying, rehabbing and renting places..and mostly working ft. I think I’ve finally burned out. I no longer have the nerves to deal with a rapid decline in the tenant pool, so called handymen and the paperwork associated with running rentals. Instead of enjoying weekends with the family I’m busy chasing down rent, workers, and shabby work. I never thought Id get to this point but I guess eventually everyone does. I see my kids getting big and I’m missing out on it. My health is going down hill as I age and this business surely keeps you on edge.
 
No matter how good of screening I do there seems to be another tenant that just doesn’t care what a lease says or a handyman who can fix it all but can’t organize his day without 3 hour interruptions. My office is full of worthless judgments on tenants who have nothing. Don’t get me wrong not all properties are this way but I seem to get the whisper down the alley affect where several move out without notice all within the same week all around heat season.
 
Recently I found out that roofers/contractors that HAVE insurance ALL have a workmanship waiver…meaning the insurance doesn’t cover bad work…so 3 ceiling leaks later and another 2k from another roofer has just gotten to me. I’ve been sick for 2.5 weeks mostly due to this all and my wife tells me I’ve checked out. Hell I’ve even missed my 20 yr anniversary….This time I think Im done…as my mother says what good is the money if you won’t live to enjoy it…. Mike
 
My response: Mike, I hear you loud and clear. In fact, it honestly hurts me to hear all your frustration and heartache. I too hit that point early on in my landlording career, and I started making changes and have been making changes every year ever since. ALL your challenges mentioned CAN be overcome, IF you are willing to stop putting the blame on the tenant pool and so called handymen. The truth is Mike, that YOU are the one that needs to change and improve.
 
It does NOT have to be the way that it is. The reason why I say it hurts to hear your frustrations, because I know that things could be different and I have helped countless landlords over the years completely turn their dire situation around by making changes to their management approach in various key areas. I’m going to assume you have not been to one of my trainings. If you have, I’d be surprised because based on the way you share of your frustrations goes so counter to the management approach I teach. I put the challenge out to you. Come to my upcoming boot camp. I sincerely want to offer you help. If afterwards you do the management changes I suggest, and you still feel the same, I’ll give you double your money back
Categories: Information

THE BIG PURPOSE OF THE BOOT CAMP

June 24, 2015 Leave a comment

Learn how to MANAGE your rentals like a BUSINESS, and not just have another job for yourself. 

I hear it all the time (again just today in fact)  ”Jeffrey, I’m been having a lot of problems with tenants and it’s hard.” But yet, the same persons have excuses on why they can’t take time to learn how to sharpen their landlording skills so as to make themselves far more effective. The problem is that most landlords (even if you only own one or two rentals) are not running a rental BUSINESS, they are simply tackling one headache after another as they come up instead of doing everything in a systematic manner. And you wonder why you are not as excited about real estate as you once were. It’s because now when you think of real estate what you think of are problems and headaches and who wants that.

Here’s something else I see it all the time – landlords who are so tied (chained) to their rentals that it seems that they are never able to take a day away from their rentals (let alone a vacation) without concern that their rentals or cash flow will be affected.  One more time, the problem is that most landlords (again, even if you only own one or two rentals) are not creating a rental BUSINESS, they have simply created another JOB (or another headache) for themselves by having rental property.  And you wonder why your spouse is not as excited about real estate as you are or once were.  It’s because their “picture” of more properties is more headaches and they don’t want any more headaches. 

I know, because that’s also exactly what happened to me as I began purchasing rental properties.  I was simply making another job for myself (and more headaches for myself and my spouse), which was not why I originally began investing in real estate.  That was not the bigger picture I envisioned.  I wanted more FREEDOM!  I wanted a business where my money was working for me instead of the other way around, where my wife and I could enjoy the fruits of the real estate, and even take a “nice” vacation from time to time.  I did not want to become chained and drained by my rental properties, but that’s how I often felt.  That was not the BIGGER PICTURE I had first hoped for. 

Well, my friends, the big purpose of the boot camp, is to teach real estate investors how to reach the “bigger picture” goal, and one I would challenge you to shoot for: You can know if you are a truly running a “business” and not just creating another job for yourself, by how long you can be away from your rentals and things continue to function without skipping a beat.

“Ideally”, your business should be running everyday like you are on vacation and it should never be a necessity for you to tell your residents where “you” are.

This is not just true with a rental business, but with any business.  When was the last time a neighborhood business gave you a call to let you know that the owner is going on vacation and that may affect how the business will run while they are away?

The only scenario that could possibly occur is with a business that is basically a one-man operation, where the owner does everything.  And even with that, I would say to you that such a business model is NOT what you should be trying to emulate. That’s a business model where you will have extremely limited (if any) growth and vacation possibilities.

I challenge you to join me at this upcoming Landlording Boot Camp and learn how to run, better yet, to learn how to MANAGE your rentals like a BUSINESS, whether you have one or two rentals, or 25 to 50 (or more).  Let me help you  learn how to manage your rentals so that things run smoothly and you don’t have constant problems or headaches and so that your rentals can continue to run successfully with or without you physically on the scene.  And as a result, you increase both your time, personal freedom, and financial freedom, which is the “Bigger Picture” goal that most of us got in this business for in the first place.

Categories: Information

Now Accepting Registrations for Upcoming Winter Boot Camp!

March 24, 2015 Leave a comment

We now offer both a Summer and Winter Boot Camp.

.

Dates for Winter Training is November 10-11, 2017.

Categories: Information

Two Full Days of (Take Control) Training

March 24, 2015 Leave a comment

 For many years, visitors and subscribers to MrLandlord.com, and those who have heard him speak briefly at real estate associations and conferences, have been earnestly requesting the opportunity to spend a full day or two to learn from Jeffrey Taylor (founder of MrLandlord).  Jeffrey is considered the most influential trainers in the rental property industry for mom and pop rental property owners, and tens of thousands have read his books and attended his seminars over the last 30+ years.

 GOOD NEWS!  Once again, Jeffrey is conducting a full TWO-DAY bootcamp/training, where the subject matter will be totally on property management.  Jeffrey will cover every major aspect in the rental process that he believes is critical to the success and survival of rental property owners. Other than a bonus session on Friday evening, Jeffrey will personally do the entire training from 8:30 to 5 on both days. He will teach, discuss and share in detail throughout the entire event about each aspect including the programs, policies, procedures and forms he uses to select residents, maximize cash flow and increase resident retention and a whole lot more. This will be an opportunity not only for new and seasoned rental owners to learn in depth from Jeffrey, but also ask tons of questions and come away from the event with knowledge and clear understanding of how to adapt Jeffrey’s money making management concepts and procedures to greatly increase the success and effectiveness of their rental business!
This next major event that can totally revolutionize and transform your rental success will take place July  7th and 8th, 2017 in Orlando, FL.

Click here to see Bootcamp Topics, Bonuses, This year’s Location, or Reviews

Click Now to Register OnlineOr Call 757-436-2606 to Register

Categories: Information

A Request I Hear Often…

August 19, 2011 Leave a comment

I get asked on occasion if I will come out to the actual property site of management companies or rental owners and provide personalized consultation or training.  The answer is yes I do, however, to be honest there is a high price tag attached, plus travel expenses.

I would actually encourage anyone who has ever thought of getting personalized consultation from me for themselves, their managers, or their management team to strongly consider attend my upcoming landlording boot camp this year.  This training will be limited to a small number of attendees.  Attendees will be able to learn all aspects of my rental business in-depth.  This training will be over a two-day period and all attendees will have ample opportunities to ask me all questions and whatever else is related to their own unique properties, situations, and challenges.  I’ll stay up late or get up early if necessary.

For those two days I will be there to be of complete service to you at a fraction of the cost you would pay to hire me to come to you.  And for those who attend this particular training, I will also share from my own personal rolodex of the names, websites and phone numbers of key contacts of various companies nationwide which I utilize throughout the year.  These individuals add to my on-going success.  Plus, you will receive an audio and dvd copy of two different entire trainings to play back and review over and over.

I purposely limit the number of attedees to this unique training as to be able to offer the most impactful training possible. I want you to have ample opportunity to ask all the questions you need and receive feedback directly related to YOUR rental properties. My sincere goal is to truly help you transform your rental success.  For those who have attended my seminars, and those who have found my interactive style of teaching and training informative, beneficial and motivational, please take advantage of this unique and comprehensive training opportunity.  Sign up for the Landlording Boot Camp today.

Hope to see you there!

Jeffrey Taylor, Founder of MrLandlord.com

Categories: Information