The Landlord Lowdown: Tenant Credits, Room Rentals, and More

You may already be a landlord, or you might still be searching for your first rental property. How should you go about finding a winner? Are room rentals right for you? What’s the best real estate market to invest in and how do you make the most money while having the least amount of stress? Only experienced landlords know how to answer these questions. They’ve bought dozens of houses, dealt with numerous tenants, and been through trial and error, so you don’t have to. And that’s exactly what this episode is all about. Ashley Kehr, host of the “Real Estate Rookie Podcast”, and Craig Curelop, author of “The House Hacking Strategy”, are here to answer common landlording FAQs. Both Ashley and Craig have had so much interest in their individual endeavors that they’re now hosting the BiggerPockets Bootcamps! Ashley’s will teach you about buying (and managing) your first property the right way, while Craig’s house hacking bootcamp will give you everything you need to buy your first house hack property in just ten weeks! Along with real estate regulars David Greene and Rob Abasolo, Ashley and Craig will be touching on some hot topics in today’s episodes. Topics like when to give rent credits to tenants, pros and cons of renting by the room, the first steps to take after getting a property under contract, how to show your rental units, and where to find the best real estate markets around. ~~~~ Enroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10”: https://www.biggerpockets.com/blog/re... ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup?... ~~~~ Ask Your Question in The BiggerPockets Forums: https://www.biggerpockets.com/forums?... ~~~~ Listen to The “Real Estate Rookie” Podcast with Ashley Kehr: https://www.biggerpockets.com/podcast... ~~~~ Grab Craig’s Book, “The House Hacking Strategy”: https://store.biggerpockets.com/produ... ~~~~ Avail’s Landlord-Tenant State Laws: https://www.avail.co/education/laws ~~~~ Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter: Youtube:    / robuilt   Instagram:   / robuilt   TikTok:   / robuilto   Twitter:   / robuiltchannel   ~~~~ Connect with Ashley, Craig, David and Rob on BiggerPockets: Ashley: https://www.biggerpockets.com/users/e... Craig: https://www.biggerpockets.com/users/c... David: https://www.biggerpockets.com/users/d... Rob: https://www.biggerpockets.com/users/r... ~~~~ Follow Ashley, Craig, and David on Instagram: Ashley: @wealthfromrentals or   / wealthfromrentals   Craig: @thefiguy or   / thefiguy   David: @davidgreene24 or   / davidgreene24   Episode 652 Show notes at: https://www.biggerpockets.com/blog/re... 00:00 Intro 01:31 Quick Tip 03:32 When to Give Rent Credits to Tenants? 11:49 Creative Ways to Use Rent Credits 14:31 Renting by The Room 20:57 What to Do Before You Close 25:08 Are In-Person Showings Worth It? 30:53 Which Markets Are Worth Investing In? 37:50 The Passive Landlord 40:29 Picking a Real Estate Market 41:28 Why Landlords Shouldn't Stop Learning 43:06 Join the BiggerPockets Bootcamps! #biggerpockets #realestatepodcast #ep652