83: Profitable Landlording with Integrity with Marcia Maynard | Bigger Pockets Podcast
Today on the BiggerPockets Podcast we are excited to sit down with Marcia Maynard, a hands-on landlord who hails from Vancouver, Washington.
Marcia got her start in real estate by marrying into “the family business” that already had an existing portfolio, but continued on the tradition to help fund her own future retirement. On today’s show, she goes into detail on how you can invest part-time for retirement while making a HUGE impact on the community in the process!
This show covers the importance of integrity in a landlord’s life and is filled with actionable tips for dealing with tenants in an ethical – yet profitable – way. This is a great show, let’s get into it!
In This Show We Cover…
How to invest with family
The importance of setting up your business structure and what happens when you don’t!
Insurance – Do you need an umbrella policy?
The awesome path of buying rental properties slowly
Personal Finance 101
How to love your job and invest in real estate on the side
The benefits of a mission statement
The importance of coaching your tenants to have more integrity
How to handle conflicts with tenants
An awesome alternative to evictions!
The importance of a calling up prior landlords
Red flags of bad tenants,
Actionable items for vetting tenants over the phone
Using court records to look up potential tenants
And a whole lot more!
Links Mentioned in The Show:
The NYC Real Estate Investor Meetup with Brandon
BiggerPockets Keyword Alerts
Marcia’s exact Tenant Screening Interview questions
A Slow, Boring, Incredibly Awesome Strategy for Building Wealth Through Passive Real Estate Investing by Brandon Turner
Padmapper.com
Books Mentioned in the Show:
Landlording by Leigh Robinson
Your Best Year Yet by Jinny S. Ditzler
Tweetable Topics:
“Start with a dream, make goals, take action, then reflect and improve…” (Tweet This!)
“Landlording is like a game of chess.” (Tweet This!)
Connect with Marcia’s:
Marcia’s BiggerPocket Profile
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