What do DIY landlording and inflation have to do with each other? Surprisingly, much more than you would think. As the year progresses and the housing market stays hot, more real estate investors are having trouble finding cash-flowing deals. At the same time, the tenants in those properties are seeing the price of their gas, groceries, and rent shoot up. Are tenants going to be left with enough money to pay rent every month? And if not, what will everyday landlords do to keep their properties?
These questions are best left to someone who not only has experience owning and managing rental properties but helping others do the same. Laurence Jankelow, co-founder of Avail, one of the leading property management software picks, is here to talk about the future of the DIY landlord, especially in 2022. Laurence has seen the trends on who’s increasing rent, who’s not, and how many cash-flowing deals are on the table.
Laurence, David, and Dave all take time to debate what the next year will look like for landlords and renters alike. If there is a recession around the corner, how can investors keep themselves in a strong position? What is the first expense new landlords should cut if their cash flow starts to dwindle? And what real estate trends are we seeing in today’s market that you can get ahead of? All these questions (and more) are answered in this month’s BiggerNews episode!
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02:00 Quick Tip
02:27 What’s Happening in The Housing Market?
18:10 Solving the Self-Management Problem
24:02 2022’s Biggest Challenge for Landlords
29:08 Rent Growth Predictions
35:06 Advice for DIY Landlords
36:45 2022 Real Estate Trends
43:21 The Pitfalls of DIY Landlording
49:38 Real Estate Tech, Crypto, and Inflation
59:24 Connect with Laurence and Avail!