Property maintenance is the fastest way to kill your cash flow. Learn how to stop the endless repair calls for good.
Most landlords treat every tenant call like an emergency, but that is a mistake. I have spent over two decades refining my landlord systems to handle tenant repairs so I am not running a second job. It is about setting expectations early so you do not have to deal with the same issues every single month.
If you want to reduce maintenance costs, you have to be proactive. I even charge a fee for simple tasks like unlocking a door, because time is money. When you treat your rental like a business rather than a favor, you stop paying for every minor inconvenience.
Follow for more landlord tips that save your sanity and your wallet. What is the most annoying maintenance call you have ever received?

Run the numbers before you buy:

https://bibimastermind.com/chat-with-chatto/rpa/ — my free Rental Property Analyzer. Punch in the numbers and it tells you flat out whether the deal works or whether you walk away.

On the 1st, rent is due. On the 5th, you get a text from me. On the 6th, the late fee hits. And on the 11th, I file for eviction, every single time, no exceptions. That might sound cold, but here's the thing: this exact eviction process turns non-paying tenants into paying tenants.I've been a landlord for over 25 years, and this timeline protects my cash flow AND the tenant, because everybody knows exactly where they stand.In this episode I walk you through my day-by-day system for handling late rent and, when it comes to it, evicting a tenant:

1st: rent is due

5th: text every unpaid tenant with a notice to vacate warning

6th: late fees processed, no negotiation

6th–10th: active outreach to every unpaid tenant11th: file for eviction, no exceptionsI also cover the two things that actually stop the clock once a tenant is not paying rent, and why "I'll have it by the end of the month" is not one of them.If you want to see what happens when you don't have a timeline like this:

Nice Landlord Mistake: $10,911 GONE!

https://www.youtube.com/watch?v=kSQ2rqPPqLQHe

Stopped Responding - So I Knocked on His Door

https://www.youtube.com/watch?v=4KRH2qa7CO4

Every state and municipality has its own rules on late fees and the eviction process, so join your local REIA and talk to an attorney before you build your own timeline. This video is not legal advice.

Next episode: the systems I use that actually reduce maintenance headaches, so the properties don't turn into a second job.What comes up for you when a tenant doesn't pay rent on time and it's time to file? Be honest, tell me in the comments.

Free Rental Property Analyzer:

https://bibimastermind.com/chat-with-chatto/rpa/

Book a call: https://chatwithchatto.com

#evictionprocess #laterent #firsttimelandlord #realestateinvesting #landlordtips

Run the numbers before you buy: https://bibimastermind.com/chat-with-chatto/rpa/ — my free Rental Property Analyzer. Punch in the numbers on a property and it tells you flat out whether it works or whether you walk away.When you hand a new tenant the keys, you're basically married to them. For as long as they want to stay — unless you go through an ugly, expensive divorce called eviction.The lease is your prenup.I've been a landlord for over 25 years, and almost every problem I've had with a tenant traces back to something I let slide on move-in day. Not month six. Day one.In this episode I walk you through my rental property inspection checklist and the five move-in day rules I follow every single time:1. All funds before possession — no money, no keys2. Walk the property together and document everything3. The one-page addendum that kills "I didn't know"4. Keys, locks, and lockout fees handled up front5. Do what you said you were going to doI also cover the walkthrough step that, in my experience, prevents about 80% of the so-called emergency calls you'll get later. It costs you twenty extra minutes on move-in day.If you're a first time landlord and you don't have a real lease yet, start here:Lease Basics — the clauses you need in your residential leasehttps://www.youtube.com/watch?v=cSSvfinZ-6UFive Non-Negotiables for Move-In Dayhttps://www.youtube.com/watch?v=0h3zhjcs6OYNext episode: what happens the first time rent doesn't show up on the 1st. I give you my day-by-day timeline, including the exact day I file. Every time.What's in your move-in one-pager? Tell me in the comments.Free Rental Property Analyzer: https://bibimastermind.com/chat-with-chatto/rpa/Book a call: https://chatwithchatto.comLike and subscribe if you want to help me out a little — apparently, algorithm, blah blah blah.