Why We're Changing the Name to My First Keys

My First Keys

Player FM - Internet Radio Done Right

הוסף לפני twenty-four שבועות

תוכן מסופק על ידי Garret Wong. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Garret Wong או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

This Is Woman's Work with Nicole Kalil

1
How To Pitch Yourself (And Get A Yes) | 300 27:52

לפני 3 ימים27:52

הפעל מאוחר יותר

רשימות

לייק

אהבתי

27:52

We made it— 300 episodes of This Is Woman’s Work ! And we’re marking this milestone by giving you something that could seriously change the game in your business or career: the skill of pitching yourself effectively. Whether you’re dreaming of being a podcast guest, landing a speaking gig, signing a client, or just asking for what you want with confidence—you’re already pitching yourself, every day. But are you doing it well? In this milestone episode, Nicole breaks down exactly how to pitch yourself to be a podcast guest … and actually hear “yes.” With hundreds of pitches landing in her inbox each month, she shares what makes a guest stand out (or get deleted), the biggest mistakes people make, and why podcast guesting is still one of the most powerful ways to grow your reach, authority, and influence. In This Episode, We Cover: ✅ Why we all need to pitch ourselves—and how to do it without feeling gross ✅ The step-by-step process for landing guest spots on podcasts (and more) ✅ A breakdown of the 3 podcast levels: Practice, Peer, and A-List—and how to approach each ✅ The must-haves of a successful podcast pitch (including real examples) ✅ How to craft a pitch that gets read, gets remembered, and gets results Whether you’re new to pitching or want to level up your game, this episode gives you the exact strategy Nicole and her team use to land guest spots on dozens of podcasts every year. Because your voice deserves to be heard. And the world needs what only you can bring. 🎁 Get the FREE Podcast Pitch Checklist + Additional Information on your Practice Group, Peer Group, and A-List Group Strategies: https://nicolekalil.com/podcast 📥 Download The Podcast Pitch Checklist Here Related Podcast Episodes: Shameless and Strategic: How to Brag About Yourself with Tiffany Houser | 298 How To Write & Publish A Book with Michelle Savage | 279 How To Land Your TED Talk and Skyrocket Your Personal Brand with Ashley Stahl | 250 Share the Love: If you found this episode insightful, please share it with a friend, tag us on social media, and leave a review on your favorite podcast platform! 🔗 Subscribe & Review: Apple Podcasts | Spotify | Amazon Music…

לפני שנה 9:32

MP3•בית הפרקים

We love giving back!

Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio!

Podcast Episode Title:

"Why We're Changing the Name to My First Keys?"

Summary:

In this transformative episode, we unveil the reasons behind our podcast rebrand from Landlord Pal to My First Keys. Discover how this change aligns with our mission to empower real estate investors at every stage—from buying your first property to scaling a thriving portfolio. Tune in to learn about the fresh direction for our podcast and the exciting content you can expect moving forward.

Timestamps:

[00:00:00] Introduction: Why we're rebranding and what My First Keys represents.

[00:03:00] The Catalyst for Change: Insights from networking with top investors and redefining the podcast's purpose.

[00:5:30] My Personal Real Estate Journey: A heartfelt story of how real estate transformed my family's future.

[00:7:45] What to Expect Going Forward: Breaking down the two-layered content approach for beginners and advanced investors.

[00:8:30] Key Takeaways: A recap of the rebrands mission and an invitation to join our thriving community.

About Garret Wong

Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio.

Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system.

Connect with Garret:

Get Involved:

Subscribe to My First Keys and follow us on social media for the latest updates.

Contact:

For feedback or questions, reach us at https://garretwong.com/contact/

25 פרקים

Why We're Changing the Name to My First Keys

My First Keys

published לפני שנה

שתפו

MP3•בית הפרקים

We love giving back!

Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio!

Podcast Episode Title:

"Why We're Changing the Name to My First Keys?"

Summary:

Timestamps:

[00:00:00] Introduction: Why we're rebranding and what My First Keys represents.

[00:03:00] The Catalyst for Change: Insights from networking with top investors and redefining the podcast's purpose.

[00:5:30] My Personal Real Estate Journey: A heartfelt story of how real estate transformed my family's future.

[00:7:45] What to Expect Going Forward: Breaking down the two-layered content approach for beginners and advanced investors.

[00:8:30] Key Takeaways: A recap of the rebrands mission and an invitation to join our thriving community.

About Garret Wong

Connect with Garret:

Get Involved:

Subscribe to My First Keys and follow us on social media for the latest updates.

Contact:

For feedback or questions, reach us at https://garretwong.com/contact/

25 פרקים

כל הפרקים

My First Keys

1
Should You Own Rental Property in Your Personal Name or a Corporation 11:08

לפני 14 hours11:08

11:08

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Should You Own Rental Property in Your Personal Name or a Corporation" Summary: In this episode, we tackle one of the most crucial and commonly misunderstood questions for real estate investors: should you own your rental property in your personal name or under a corporation? I break down the pros, cons, tax implications, and liability risks of each structure, helping you avoid costly mistakes and set your investing journey up for long-term success. Timestamps: [00:00:00] Introduction: Quick overview of the episode and why property ownership structure matters more than you might think. [00:02:00] Personal Name vs Corporation – What's the Difference? An explanation of how ownership works in Canada and the US, with a breakdown of tax treatment, liability, and structure. [00:04:30] Key Questions to Ask Before Choosing a Structure - From business activity to long-term goals, I walk through critical questions that help determine if incorporation is right for you. [00:06:30] Real-Life Lessons & Risks of Skipping Structure - A story of an investor who skipped legal advice and paid the price, plus common pitfalls and tips on getting professional guidance. [00:09:00] Key Takeaways - A summary of the biggest lessons — including tax risks, legal protection, scaling advantages, and the importance of planning your exit. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
How To Communicate Like A Pro 9:10

לפני 8 ימים9:10

9:10

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "How to Communicate Like A Pro" Summary: We're going to dive into the crucial topic of communication for landlords. Learn how to set boundaries, look professional, and protect your time and sanity while managing rental properties. Whether you're just starting out or scaling up, these tips will help you run your rental like a real business. Timestamps: [00:00:00] Introduction: Why communication is key to landlord success and how poor boundaries can cost you. [00:02:00] Business Phone Setup – Tips for separating personal and business calls, using virtual numbers, and setting voicemail-only hours. [00:04:30] Professional Addresses and Branding – How to avoid using your home address and brand your communication like a real company. [00:06:00] Best Practices Recap: Setting tenant expectations, using property management software, and documenting everything in writing. [00:08:00] Key Takeaways: Communication is your first line of defense. Treat your rental like a business to protect your peace of mind and legal standing. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
How To Choose the Right Property Manager 18:11

לפני 15 ימים18:11

18:11

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "How to Choose the Right Property Manager" Summary: Choosing the right property manager can make or break your real estate investment experience. In this episode, we break down the essential qualities to look for, red flags to avoid, and key questions to ask before signing a management agreement. Whether you're a first-time investor or a seasoned landlord, this episode will help you make an informed decision. Timestamps: [00:00:00] Introduction – why selecting the right property manager is crucial. [00:05:00] Understanding the Role of a Property Manager – Responsibilities and expectations of a good property manager. [00:08:30] Key Qualities to Look For – The must-have traits of a reliable and professional property manager. [00:012:30] Red Flags to Watch Out For – Common mistakes landlords make when choosing a property manager and how to avoid them. [00:016:30] Key Takeaways & Final Thoughts – A summary of the most important points covered in the episode. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Building Your Real Estate Dream Team 12:48

לפני 22 ימים12:48

12:48

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Building Your Real Estate Dream Team" Summary: Real estate investing isn’t just about finding the perfect property—it’s about building the perfect team. In this episode, I break down the essential members of a real estate dream team and share lessons from my first-ever deal, where a lack of planning nearly cost me big time. Learn how the right accountant, lawyer, realtor, and property manager can make or break your investments. Timestamps: [00:00:00] Introduction – Why building a real estate dream team is more important than finding the perfect property. [00:02:00] My First Deal Gone Wrong – How my early mistakes in real estate taught me the value of having a team in place. [00:04:30] The Accountant: Your Financial Foundation – How the right accountant helps with tax strategies, deductions, and structuring your investments. [00:06:45] The Lawyer: Your Legal Lifeline – The importance of having a real estate-focused lawyer to protect your assets and ensure smooth transactions. [00:08:30] The Realtor: Your Market Intelligence Agent – How an investor-friendly realtor can find the best deals and help you build long-term wealth. [00:10:00] The Property Manager: Your Operations Backbone – Why you need a property manager on your team—even if you plan to self-manage. [00:11:00] Key Takeaways & Final Thoughts – A summary of what makes a strong real estate team and how it helps you scale faster and avoid costly mistakes. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Furnished vs. Unfurnished Rentals, What is the Best Choice for Landlords? 14:03

לפני 29 ימים14:03

14:03

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Furnished vs. Unfurnished Rentals, What is the Best Choice for Landlords?" Summary: One key decision landlords face is whether to offer a furnished or unfurnished rental. While a furnished unit can bring in higher rent, it also comes with increased costs and turnover. In this episode, we break down the pros and cons of each option, share real-world examples, and help you decide which approach makes the most financial sense for your investment strategy. Timestamps: [00:00:00] Introduction: Should you furnish your rental property or leave it unfurnished? [00:04:30] The Investor Mindset: Why so many landlords consider furnishing their rental and the common mistakes they make. [00:07:30] The Pros and Cons of Furnished Rentals: Higher rent potential, short-term tenant appeal, but also more turnover and maintenance. [00:10:00] The Pros and Cons of Unfurnished Rentals: More stable income, lower maintenance, but potentially lower rent. [00:12:00] Key Takeaways: How to analyze your market, crunch the numbers, and decide which rental strategy is best for your situation. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Single-Family Homes vs. Condos Which Rental Property is Right for You? 21:52

לפני 5 weeks21:52

21:52

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Single-Family Homes vs. Condos Which Rental Property is Right for You?" Summary: Lets break down the pros and cons of investing in single-family homes versus condos as rental properties. Many investors jump in without fully understanding the differences in cash flow potential, tenant turnover, and appreciation rates. By the end of this episode, you'll have the insights to determine which property type best aligns with your investment strategy. Timestamps: [00:00:00] Introduction: Lets break down single-family homes vs. condos [00:02:30] Single-Family Homes as Rentals – Why SFHs are popular, their advantages , and key drawbacks. [00:05:30] Condos as Rentals – Lower entry cost, easier maintenance, but challenges like condo fees, resale issues, and board restrictions. [00:8:00] Direct Comparison: SFH vs. Condo – Breaking down purchase price, appreciation potential, cash flow stability, maintenance responsibilities, and exit strategies. [00:10:00] Key Takeaways – How to choose between SFHs and condos based on your investment goals, risk tolerance, and level of involvement as a landlord. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Pros and Cons of Smaller Multifamily Investments 11:47

לפני 6 weeks11:47

11:47

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Pros and Cons of Smaller Multifamily Investments " Summary: Duplexes, triplexes, and fourplexes. These properties offer a great balance between single-family homes and large apartment complexes, but they also come with unique challenges. We’ll discuss zoning laws, fire safety regulations, rent control implications, and key factors every investor should consider before purchasing a smaller multifamily property. Timestamps: [00:00:00] Introduction: why smaller multifamily buildings are worth considering. [00:02:30] Why Invest in Smaller Multifamily Buildings? – Cash flow potential, scalability, and market advantages. [00:05:30] Key Challenges and Regulatory Considerations – Fire safety laws, zoning issues, and licensing requirements that investors must be aware of. [00:8:00] Rent Control and Financial Implications – Understanding how rent control affects profitability, particularly in Manitoba. [00:10:00] Key Takeaways & Final Thoughts – Summarizing the pros and cons, plus actionable tips for investors. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Are Apartment Blocks Worth Investing In? 16:03

לפני 7 weeks16:03

16:03

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Are Apartment Blocks Worth Investing In? " Summary: Is investing in apartment blocks really the ultimate real estate move, or could it turn into a costly mistake? We will break down the real advantages and risks of multifamily properties. You'll learn how apartment blocks have built massive wealth for investors—but also the hidden pitfalls that could sink your financial plans. Whether you're considering your first multifamily purchase or scaling up, this episode is a must listen! Timestamps: [00:00:00] Introduction: why apartment blocks are seen as the “holy grail” of real estate. [00:04:00] Advantages of Apartment Blocks – Economies of scale, increased cash flow, and risk mitigation through multiple units. [00:08:30] Disadvantages & Hidden Risks – High upfront costs, complex financing, rent control regulations, and concentrated risk factors. [00:10:00] Comparing Single Family vs. Multifamily Investing – Why many investors start with single-family homes and the learning curve involved in transitioning to multifamily. [00:14:00] Key Takeaways & Next Steps – The importance of understanding both the benefits and challenges of apartment investing, plus how to get started with the right strategy. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Short Term Rentals 11:46

לפני 8 weeks11:46

11:46

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Short Term Rentals" Summary: Short term rentals (STRs) are under attack in cities across North America. While they offer significant profit potential, they also come with regulatory challenges, rising costs, and neighborhood opposition. In today's episode we break down the latest trends, regulations, and risks associated with STRs, helping you determine if they’re still a smart investment. Timestamps: [00:00:00] Introduction: Overview of short-term rentals and why they’re facing increased scrutiny. [00:02:00] What Are Short-Term Rentals? – Defining STRs, their uses, and their role in the economy. [00:05:30] Challenges and Regulations – Discussion on city restrictions, including Toronto and Winnipeg’s policies. [00:7:00] Investment Risks – Hidden costs, unpredictable vacancies, and the impact of regulation changes. [00:9:00] Key Takeaways: The future of STRs, responsible investing, and alternatives to consider. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Commercial Real Estate and Rate Caps 17:04

לפני 9 weeks17:04

17:04

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Commercial Real Estate and Rate Caps" Summary: Are you just collecting rent, or are you truly building wealth? In this episode, we dive deep into commercial real estate, multifamily properties, and the power of cap rates. Learn how to balance cash flow with equity appreciation and why focusing solely on monthly income might be holding you back from financial success. Timestamps: [00:00:00] Introduction: Overview of cap rates, cash flow, and building wealth with multifamily real estate. [00:05:00] Cash Flow vs. True Profit: Breaking down the difference between monthly income and long-term equity growth. [00:08:30] Understanding Cap Rates: What cap rates are, how they work, and why they matter in commercial real estate. [00:11:00] Case Study: A Real Multifamily Investment: A real-world example of how strategic renovations and cap rates increase property value. [00:15:00] Key Takeaways: Why multifamily investing outperforms single-family rentals and how to build long-term wealth. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Mortgage Principle and Interest Explained 6:45

לפני 10 weeks6:45

6:45

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: " Mortgage Principle and Interest Explained" Summary: Your mortgage isn't just a bill—it’s one of the most powerful tools for building long-term wealth. In this episode, we break down how principal and interest work together, why conventional wisdom about mortgage payments might be costing you, and the strategic approach I use to optimize principal reduction while maintaining financial flexibility. Timestamps: [00:00:00] Introduction: Mortgage payments explained. [00:01:00]Mortgage Basics: How principal and interest payments are structured over time. [00:02:30] Why Bi-Weekly Payments May Not Be the Best Strategy: The impact on cash flow and flexibility. [00:03:30] Strategic Principal Reduction: Using lump sum payments and refinancing to maximize equity. [00:4:20] Key Takeaways: Summary of the most effective mortgage strategies. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Market Price vs Market Value 5:18

לפני 11 weeks5:18

5:18

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Market Price vs Market Value" Summary: Understanding the difference between market price and market value can mean the difference between a great deal and a costly mistake. In this episode, I break down these critical concepts, share a personal experience that nearly cost me thousands, and provide actionable insights to help you make smarter real estate decisions. Timestamps: [00:00:00] Introduction: Why understanding market price vs. market value is essential. [00:01:00] The Definitions: Market value vs. market price explained with real estate examples [00:02:30] Factors Affecting Market Value – How location, property condition, and market trends impact property valuation. [00:03:30] Factors Affecting Market Price – The role of emotions, bidding wars, and negotiation skills. [00:4:20] Key Takeaways – Summary of the biggest insights and how you can apply them to your next deal. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Cash Flow, Equity, and Appreciation | Mastering the Three Pillars of Real Estate 9:52

לפני 11 weeks9:52

9:52

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Cash Flow, Equity, and Appreciation | Mastering the Three Pillars of Real Estate" Summary: Lets dive back to basics and dive into the three foundational pillars of real estate wealth: cash flow, equity, and appreciation. Learn how these three elements work together to help you build long-term wealth and financial freedom. Whether you're just starting out or looking to refine your strategy, this episode has insights to level up your real estate investing game. Timestamps: [00:00:00] Introduction: Overview of the importance of cash flow, equity, and appreciation in real estate investing. [00:03:00] Cash Flow: What it is, how to calculate it, and why positive cash flow matters for monthly stability. [00:05:30] Equity: Understanding equity, how to build it through mortgage paydowns and renovations, and leveraging it for growth. [00:07:53] Appreciation: The multiplier effect of market value increases, factors that drive appreciation, and long-term wealth creation. [00:9:18] Key Takeaways: A recap of how combining cash flow, equity, and appreciation creates maximum wealth and actionable steps for new investors. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Why Invest in Rental Properties? 6:50

לפני 12 weeks6:50

6:50

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Why Invest in Rental Properties?" Summary: In this episode, we dive into the three foundational pillars of wealth building in real estate: cash flow, equity, and appreciation. Learn how these powerful tools work together to transform your financial future and discover actionable strategies to maximize each one. Whether you're a seasoned investor or just starting, this episode provides valuable insights to elevate your real estate game. Timestamps: [00:00:00] Introduction: Overview of the episode and its focus on cash flow, equity, and appreciation. [00:02:00]Building Wealth Foundations: Why understanding the synergy between cash flow, equity, and appreciation is key to financial success. [00:4:00] Cash Flow Basics: Defining cash flow, its formula, and how to optimize rental income while managing expenses effectively. [00:5:00] Equity Explained: The role of mortgage paydown, property improvements, and market appreciation in building equity. [00:6:00] Key Takeaways: Summarizing how mastering these pillars can set you on the path to real estate wealth. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

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Why We're Changing the Name to My First Keys 9:32

לפני 14 weeks9:32

9:32

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Why We're Changing the Name to My First Keys?" Summary: In this transformative episode, we unveil the reasons behind our podcast rebrand from Landlord Pal to My First Keys . Discover how this change aligns with our mission to empower real estate investors at every stage—from buying your first property to scaling a thriving portfolio. Tune in to learn about the fresh direction for our podcast and the exciting content you can expect moving forward. Timestamps: [00:00:00] Introduction: Why we're rebranding and what My First Keys represents. [00:03:00] The Catalyst for Change: Insights from networking with top investors and redefining the podcast's purpose. [00:5:30] My Personal Real Estate Journey: A heartfelt story of how real estate transformed my family's future. [00:7:45] What to Expect Going Forward: Breaking down the two-layered content approach for beginners and advanced investors. [00:8:30] Key Takeaways: A recap of the rebrands mission and an invitation to join our thriving community. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
What are the Tax Implications of Being a Landlord? 15:27

לפני 15 weeks15:27

15:27

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "What are the Tax Implications of Being a Landlord?" Summary: Taxes can be one of the most significant challenges for landlords, but understanding the rules can turn them into a tool for maximizing profits. In this episode, we delve into the essential tax implications of being a landlord, offering practical tips on record-keeping, deductions, and working with tax professionals. Tune in to gain clarity on staying compliant while saving money. Timestamps: [00:00:00] Introduction: Why understanding landlord tax implications is crucial. [00:05:00] Detailed Record-Keeping: Why keeping accurate and organized records is essential, from rental income to maintenance expenses. [00:10:30] Banking Best Practices: Tips for managing separate bank accounts for rental income and expenses to streamline tax filings. [00:12:45] Tax Deductions: Exploring common deductions like maintenance, property management fees, and mortgage interest. [00:16:00] Working with Professionals: How to collaborate effectively with tax professionals to ensure compliance and optimize your returns. About Garret Wong Garret Wong is the founder of the Landlord Pal podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: The Rent It Yourself Community Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

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How to Determine the Perfect Rent Price for Your Rental Property 17:56

לפני 16 weeks17:56

17:56

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: " How to Determine the Perfect Rent Price for Your Rental Property" Summary: Setting the right rent price is a balancing act. Price it too low, and you lose money. Price it too high, and your property sits vacant. In this episode, we break down the strategies and calculations to help you strike the perfect balance, ensuring profitability and attracting quality tenants. Timestamps: [00:00:00] Introduction: Overview of the importance of determining the correct rent price. [00:05:00] Common Lease Violations: The risks of underpricing or overpricing and their financial implications. [00:10:30] Effective Communication: How to research comparable properties, assess vacancy rates, and adjust for amenities. [00:12:45] Legal and Escalation Steps: How the time of year impacts rental demand and pricing strategies. [00:16:00] Key Takeaways: Finding the perfect rent price ensures profitability, tenant satisfaction, and market competitiveness. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Building TRUST to Retain High Quality Tenants 8:48

לפני 17 weeks8:48

8:48

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Proven Strategies to Keep Great Tenants" Summary: We explore actionable strategies for retaining quality tenants, ensuring your rental property remains profitable and stress-free. From building strong relationships to responding swiftly to tenant concerns, you'll discover how to foster loyalty and long-term satisfaction in your tenants. Plus, learn why the smallest details can make the biggest impact! Timestamps: [00:00:00] Introduction: Overview of tenant retention strategies and their importance. [00:01:30] Deal Breakers: Examples of small issues that lead to big tenant dissatisfaction, including an anecdote about a missing cover plate. [003:30] Key Strategies: Building trust, offering lease renewal incentives, and maintaining a well-kept property. [00:5:45] Enhancing Relationships: Tips for personal touches like holiday greetings and maintaining professional boundaries. [00:7:00] Key Takeaways: Summary of effective practices for long-term tenant retention and an introduction to our Tenant Retention Strategy Guide. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

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What To Do When Tenants Violate a Lease 11:29

לפני 18 weeks11:29

11:29

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "What to Do When Tenants Violate a Lease" Summary: Dive into a critical topic for landlords: how to handle lease violations effectively. From unauthorized pets to missed rent payments, we explore real-life examples, actionable strategies, and legal considerations to protect your property and enforce your lease terms. Timestamps: [00:00:00] Introduction: The importance of addressing lease violations promptly [00:03:00] Common Lease Violations: Examples including unauthorized pets, noise complaints, and property damage [00:15:30] Effective Communication: The importance of written warning letters and clear documentation [00:25:45] Legal and Escalation Steps: How to proceed with eviction or mediation when necessary [00:45:00] Key Takeaways: Summary of best practices for consistent lease enforcement. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

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Crafting the Perfect Lease Agreement: A Landlord's Guide 15:56

לפני 19 weeks15:56

15:56

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Crafting the Perfect Lease Agreement: A Landlord's Guide" Summary: We will dive into the essentials of writing a comprehensive lease agreement that protects both landlords and tenants. From avoiding common pitfalls to including the right clauses, learn how to create a document that sets clear expectations and fosters a successful landlord-tenant relationship. Timestamps: [00:00:00] Introduction: Why a lease agreement is the cornerstone of rental success [00:03:00] Key Components of a Lease: Essential terms, utilities, and inclusions to consider [00:15:30] Customizing Your Lease: Tips for addendums, tenant responsibilities, and clarity [00:25:45] Legal Compliance and Reviews: The importance of following local laws and simplifying legal jargon [00:45:00] Key Takeaways: Final thoughts on creating a smooth rental experience through well-drafted leases About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Proactive Property Maintenance: Saving Money and Keeping Tenants Happy 14:47

לפני 20 weeks14:47

14:47

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Proactive Property Maintenance: Saving Money and Keeping Tenants Happy?" Summary: In today's episode of Landlord Pal , we dive into the critical topic of property maintenance and repairs. From avoiding costly disasters to ensuring tenant satisfaction, discover actionable tips and strategies every landlord needs to manage routine and emergency maintenance effectively. Learn how staying proactive can save you thousands and preserve your investment for the long term. Timestamps: [00:00:00] Introduction: Why proactive maintenance is a game-changer for landlords [00:03:00] The Cost of Neglect: How a simple leaking toilet can snowball into a $7,200 expense [00:15:30] Building a Reliable Contractor Network: Tips for finding and retaining trustworthy contractors. [00:25:45] Tools for Organization: Leveraging technology and documentation to streamline repairs and maintenance. [00:45:00] Key Takeaways: The benefits of proactive maintenance and staying organized. About Garret Wong Garret Wong is the founder of the Landlord Pal podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: The Rent It Yourself Community Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
What are my Legal Responsibilities as a Landlord? 11:32

לפני 21 weeks11:32

11:32

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "What are my Legal Responsibilities as a Landlord?" Summary: Not understanding your legal obligations as a landlord can have serious financial and reputational consequences. In this episode, we explore the essential legal requirements for landlords, from providing habitable housing to navigating rent regulations and tenant rights. Tune in to learn how to stay compliant, protect your investment, and avoid costly legal mistakes. Timestamps: [00:00:00] Introduction: Why knowing your legal obligations as a landlord is crucial. [00:03:00] Key Case Study: A heartbreaking story of illegal rent increases and their devastating impact. [00:15:30] Basic Obligations: Ensuring habitable living conditions, understanding building codes, and tenant laws. [00:25:45] Financial Compliance: Handling security deposits and avoiding illegal practices. [00:45:00] Key Takeaways: Proactive maintenance pays off with better tenant relationships, fewer emergencies, and long-term savings. About Garret Wong Garret Wong is the founder of the Landlord Pal podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: The Rent It Yourself Community Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
Tenant's Rent Overdue? How I handle late rent payments 10:09

לפני 22 weeks10:09

10:09

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "Tenant's Rent Overdue? How I handle late rent payments" Summary: Late rent payments can be more than just a hassle—they can jeopardize your rental income and peace of mind. Today we discuss strategies for landlords to handle late payments effectively, from recognizing warning signs to enforcing firm yet fair policies. Tune in to learn about setting up preventative measures, communicating effectively with tenants, and keeping your rental business on track. Timestamps: [00:00:00] Introduction: The impact of late rent payments on landlords’ cash flow and operations. [00:03:00] Recognizing Red Flags: Stories and warning signs of unreliable tenants, including late security deposits and chronic excuses. [00:15:30] Setting Expectations: Importance of lease agreements with clear policies on late payments, including rules and penalties. [00:25:45] Effective Communication: Discussing the "firm but fair" approach—why empathy with boundaries is key in property management. [00:45:00] Key Takeaways: Summary of preventative measures, including payment options, addressing repeat offenders, and the moral duty to manage rent arrears early. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
How to Avoid Nightmare Tenants: A Guide to Effective Screening 11:29

לפני 23 weeks11:29

11:29

We love giving back! Check out our online Community HERE where you can learn how to purchase your first property, manage your existing property, or scale your portfolio! Podcast Episode Title: "How to Avoid Nightmare Tenants: A Guide to Effective Screening" Summary: In this episode, we dive into the crucial steps of tenant screening, explaining why it's a non-negotiable part of property management. Learn how to protect your investment, avoid rental nightmares, and choose tenants who will respect your property and pay on time. Get practical tips and a checklist to streamline your process and keep your rentals stress-free. Timestamps: [00:00:00] Introduction: Overview of why tenant screening is essential to a successful rental business. [00:03:00] Importance of Screening: The risks of skipping tenant screening and common mistakes landlords make. [00:15:30] Pre-Screening Essentials: Key questions to ask prospective tenants about their move, timeline, and living situation. [00:25:45] The Screening Process: How to use applications, credit checks, and references effectively. [00:45:00] Key Takeaways: Importance of consistency in screening to avoid legal issues and ensure fair treatment. About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

My First Keys

1
How I turned $3000 into $12 Million in Real Estate | Built a 75 Door Rental Portfolio While Working Full-Time 4:39

לפני 24 weeks4:39

4:39

Podcast Episode Title: "How I Built a 75 Door Rental Portfolio While Working Full-Time | My Journey to Becoming LandlordPal" Summary: In this episode, Garret Wong, host of the Landlord Pal podcast, shares his journey from a scientist studying viruses to a seasoned property management expert with nearly 30 years in the industry. He introduces his vision for the podcast—a valuable resource where landlords and property managers can find answers to their most pressing questions. Expect practical tips, real-life stories, and proven strategies to navigate the challenges of property management. Timestamps: [00:00:00] Introduction: Garret Wong introduces The Landlord Pal podcast as a practical guide for landlords and property managers. [00:03:00] Garret's Journey: From molecular biology to property management [00:15:30] Challenges and Triumphs: Handling C-class properties, tenant issues, and property repairs [00:25:45] Systems for Success: How Garret’s scientific background helped him develop SOPs for every landlord situation [00:45:00] Key Takeaways: Highlights on how to approach property management with a strategic, prepared mindset About Garret Wong Garret Wong is the founder of the My First Keys podcast, the Rent It Yourself Community and a seasoned property manager with nearly 30 years of experience. Originally a research scientist specializing in molecular biology, Garret transitioned into property investment, where he’s grown a personal portfolio of 43 buildings and 75 doors into a property management company that has managed over 1 billion dollars in assets with a 98.5% success rate in legal proceedings and a 98.6% rent collection ratio. Known for his practical approach and strategic insights, Garret has developed an extensive SOP library to manage everything from tenant selection to maintenance, helping landlords and property managers build a reliable, resilient system. Connect with Garret: My First Keys Personal Website Wong Capital Facebook LinkedIn Instagram Get Involved: Subscribe to My First Keys and follow us on social media for the latest updates. Contact: For feedback or questions, reach us at https://garretwong.com/contact/…

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