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In this episode we’re discussing why renters are moving less than at any point in the last 40 years, and whether you manage one unit or ten, this affects your strategy, revenue, and renewals in a big way. So, Kevin and I are unpacking what’s behind the sharp drop in renter mobility and what it means for your business.

We talk through why renewing a lease is cheaper than moving, why ownership remains out of reach for many renters, and how construction slowdowns and underbuilding are freezing vacancy chains. We also break down demographic shifts — from long-term renters in their 50s+ to younger renters relocating less because of job instability and cost-of-living pressures. Climate migration plays a surprising role too — many renters want safer living locations but can’t afford to relocate, which means staying put longer than ever.

Most importantly, we share practical strategies to help you adapt: improving renewal conversations, creating predictable systems, using landlord software, and screening wisely to prevent fraud. Longer tenancies can be great — but only if you proactively manage communication, planning, maintenance, and rent increases.

If you want to run your rentals like a real business — with professionalism, confidence, and systems — today’s episode is packed with insight you can put to work immediately.

🔗 Links & Resources Mentioned

Listen to Episode 2: Improving Tenant Retention and Renewals

TurboTenant

Rent Redi

DoorLoop

Avail

Buildium

Smart Move Tenant Screening

Tenant Alert Tenant Screening

EZ Landlord Forms

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlordResource.com

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

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Managing rental properties comes with a big decision: should you handle everything yourself or hire a property manager?

In this episode, Stacie Casella and Kevin Kilroy share the real pros and cons of self-managing versus outsourcing — from cost savings and control to the realities of late-night calls, legal paperwork, and burnout. Together, they discuss how each option fits different lifestyles, investment goals, and seasons of life.

You’ll hear stories from their own experience managing a Sacramento 6-plex, a long-distance four-plex in Idaho, and everything in between — plus practical tips to help you make the best decision for your business.

Whether you’re a new landlord just starting out or an experienced investor scaling up, this episode will help you confidently decide which management style supports your goals.

🔗 Links & Resources Mentioned

Listen to Episode 39: 50+ Must-Ask Questions When Hiring a Property Manager, Pt.1

Listen to Episode 40: 50+ Must-Ask Questions When Hiring a Property Manager, Pt.2

Listen to Episode 79: Accounting Software Options for Real Estate Investors

Listen to Episode 84: Tenant Screening Software, What Landlords Need to Know

Listen to Episode 106: The Benefits of Being a Digital Landlord

TurboTenant

Rent Redi

DoorLoop

Avail

Buildium

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlordResource.com

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...

Send us a text

Stop Guessing, Smart Budgeting — it’s time to take control of your rental property finances.

In this week’s episode of Your Landlord Resource Podcast, we share smart budgeting tips for rental property owners that turn your rentals into a confident, well-run business.

Building on Episodes 78 (Bookkeeping & Accounting Tips for Landlords) and 79 (Accounting Software for Landlords), we discuss how self-managing landlords can create a practical budget, forecast expenses, manage reserves, and plan for profit. You’ll learn how to track cash flow, prepare for maintenance and capital projects, and stop reacting to financial surprises.

We also dive into the best tools to help landlords stay organized and in control and explain which ones fit best depending on your portfolio size and experience level.

By the end, you’ll know exactly how to use budgeting as your most powerful business tool — not just to survive, but to grow.

What You’ll Learn

• How to build and manage a rental property budget
• Why reserves matter and how to fund them
• How to plan for maintenance and CapEx
• How to budget for profit, not just expenses
• Which software tools make it easier

🔗 Links & Resources Mentioned

Listen:

Episode 78: Bookkeeping and Accounting Tips for Landlords

Ep 79: Accounting Software Options for Real Estate Investors

Ep 28: The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio

QuickBooks

TurboTenant

Rent Redi

DoorLoop

Avail

Buildium

Connect with Us:

🌎 Visit our website

📧 Subscribe to our newsletter.

👆Click HERE for our FREE Landlord Forms and Doc’s

🤳Text Us: 650-489-4447. We love questions and love letters!

📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlordResource.com

➡️ Review the Podcast on Apple or on Spotify or YouTube

✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant

📱 Follow us on Instagram, Facebook, & join our priv...