Dealing With City Property Violations + Free Webinar: My Rental Portfolio Results
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📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal
🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club
The speaker explains receiving a violation notice from Indianapolis Business and Neighborhood Services after a tenant left an inoperable vehicle on private property, leading to a second notice and a $50 fine, and notes similar situations on an Atlanta property where trash near a bus stop caused fines. They recommend addressing these issues by speaking with the property manager, setting expectations that the manager should identify the cause and fix it, and warn that repeat violations within 12 months can carry severe penalties such as jail time or a $2,500 fine. They then promote a free webinar on April 3, 2017 at 6:00 AM to share 2017 results from a 10 single-family home portfolio, including Excel tracking aligned to Schedule E, overhead tracking, key return metrics, total profit graphs, and which properties lost money, available to Hui Deal Pipeline Club members, and mention website reorganization, turnkey rental help, and new 30- and 60-day guides.
00:00 City Violation Notice
00:34 Common Fine Scenarios
01:02 Working With Property Managers
01:32 Penalties And Takeaways
01:53 Free Portfolio Webinar
02:14 Excel Tracking And Metrics
02:52 Limited Access And Signup
03:10 Website Updates And Guides
Connect with me:
LinkedIn: https://www.linkedin.com/in/lanekawaoka/
Facebook: https://www.facebook.com/TheWealthElevator
Instagram: https://www.instagram.com/TheWealthElevator
Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.
Check out our Top-50 Investing Podcast, The Wealth Elevator.
To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.
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