How One Landlord Keeps His Rentals Low Maintenance in 2024

Chad (00:00)
If you could create from scratch the perfect low-maintenance rental property, what would it look like? That’s the question we’re going to tackle in today’s edition of the Ask Coach podcast. To help me answer that question, I brought on none other than Matt, the Lumberjack landlord who owns and self-manages 137 rental units. We’re getting started right now. Welcome to the podcast, Real Estate Investing with Coach Carson. I’m your host, I’m Chad Carson. You can also call me Coach Carson. This is a show to help you get out of the financial grind so you can spend your time doing more of what matters. Today’s question was inspired by Eitan Sela, a member of my private coaching community, Rental Property Mastery. If you haven’t heard of Rental Property Mastery, this is a place where I help small and mighty investors to buy more deals, raise more money, and to turn their rental properties into passive income so they can actually achieve financial freedom. You can check it out or join at the link in the podcast or YouTube description below. As you’ll see, this This episode was recorded on-site at the One Rental at a Time event in Las Vegas, hosted by Michael Zuber, a friend and fellow real estate YouTuber.

Chad (01:07)
I want to thank Michael for allowing me to use his awesome recording studio and for allowing me to share this with you. Now, let’s get to the conversation.

Matt (01:15)
The other thing, too, is on a budget, right? Because the guys can get in there and they can get nuts. And then you’re looking at, well, there’s this special custom boiler that they only make seven of a year out of Italy, and it’s $47,000, but it has 95% AFEU, which is its efficiency rating. So what we look at is we really look at that repeatability, right? So we have a model where we have 137 units. We want something that’s repeatable. And so if we were crafting something from scratch, it’s largely what we’ve already done in our existing units. So we do a lot of go to the studs, and we do buildings that are as old as 160 years old. So there’s a lot of challenges with that old of a building. So what we’re typically looking at… So let’s just start in the basement and work out. So in the basement, we’re We’re going to have something that’s going to be like a combi-boiler. A combi-boiler is a boiler that does not only your heat, but it also does your hot water. We particularly like the IBC brand because it’s built and designed and made in Canada.

Matt (02:13)
They have pretty cold winters there. So we have some cold winters northeast. But again, the key to it is not only it’s capacity to heat, but it also has on-demand hot water. You never run out of hot water. You never get the call when you have one of those high density units where you might have four, five, six people in They say, Yeah, that’s great. But by the fourth person, there’s no hot water left. So they’re calling you constantly about, Yeah, there’s no hot water. You used it all.

Chad (02:38)
I assume you also, from a mechanical standpoint, have one unit. I have hot water heaters, mainly. They’re in the crawl space. They’re getting rested out, they’re in a different place than the heating and air. So I assume there’s an efficiency there. You send one person, one service person in to fix the hot water heater or check on it or whatever, instead of having two separate units, which sounds small, but that could be a big thing.

Matt (02:58)
It’s huge, right? Because Because then everything is tied together, which is great because you have your heat coming off of it, you have your domestic hot water coming off of it. And then you can just size it appropriately based on the number of people because they fluctuate in BTU. So it’s nice as a hot water heater, it heats it up, brings it to temp, and then you use it. But then when you don’t use it, the temperature drops, but then it has to kick on again to heat it back up. With these on demand heaters, it heats it in a coil near instantaneously. And so you don’t have that lag time in those energy draws. So I want to leave a low carbon footprint. I want to curate a great experience for my tenant, and I want to have something that’s low maintenance to fix. The beauty of design of an IBC is it’s seven parts. When you become a dealer for IBC, you get a suitcase which has those seven parts in it. I’m never down for more than two hours. I don’t have to worry about the laws about heating being at least 58 degrees.

Matt (03:54)
And if it’s less than 58 degrees for eight hours, now we’re talking about a health code violation. This This never puts me in a position from a product perspective where I have to worry about that. And as a landlord, we’re trying to curate that best experience we can for our tenants. We’re trying to find a way to better maintain our systems that are low maintenance and something that if it breaks, I can fix it quickly.

Chad (04:15)
This might apply to all the questions of maintenance. I assume that on the front-end, when you look at putting cash out of pocket, sometimes a higher quality, lower maintenance, long run, it’s a different equation on how much it’s going to cost you over the next 20 years, as opposed to this one. Would it cost me more to buy I’m in the south, so I don’t use boilers as much. But I would assume that’s going to cost you more on the front and then putting a heat pump or something would be like a forced air unit.

Matt (04:40)
Yeah. What we typically look at is, because again, with a heat pump and being able to do like a mini-splits. So when you’re doing those mini- splits, they’re heat and cold. And every house down the south has them. Up in the northeast, they usually can’t keep up with the cold weather. And so what we look for is we look for that domestic hot water production, but We also look for forced hot water, which is like if you’re anything basically north of Tennessee, across the country, you’re going to need the ability to heat pretty well. And so this one asset gives you the ability to when you implement it, it’s only about 20 to 30 % more expensive than your other option. But the longevity and the ease of use and what we call the swan method, sleep well at night method, which we got from one of our students in our course, he just said he’s a military guy. He’s like, everything I do is I can swan. I was like, What is a swan? He explains it and I said, Yeah, I want to sleep all the night. I want to know that if I get the call that they don’t have heat or they don’t have hot water, then I’m back up and going in 2 hours.

Chad (05:40)
Yeah, I think that principle applies to a lot. You can spend 20% more, but then you look at the long… You own this property as a long-term landlord. It could pay off big time. Absolutely. Cool. We’re in the basement heating and air. One more question, are most of your units multi-units or do you have a single family? How would you apply that unit?

Matt (05:56)
I do singles. I’m mostly two, three, and four-unit buildings, almost all. But I do have a couple of singles, and I’ve got a couple of 6, 8, 10, 12s. But when we look at it, really that rule applies for anything. We want to standardize on a system that that way our guy knows. So we’ve done 33 of those IBCs in the last five years. And we’ve had two maintenance calls.

Chad (06:21)
You can’t get away from that. And if you do have a maintenance call, there’s not a question of, Oh, which part do we need? It’s like IBC, take the suitcase out.

Matt (06:28)
There you go. Exactly. Break the suit out and We’ll put the fan in and we’re done. And then the tenants are astonished because they’ve had other landlords, and they’re like, It’s done. It’s fixed. Oh, yeah, our hot water is back. Yeah, we fixed it. Have no idea. So we’re curating an amazing experience that breeds loyalty from our tenant to want to stay with us, which is key. The most expensive thing is turnover.

Chad (06:49)
Yeah, beautiful. All right, so we’re going to continue this conversation about building your ideal bulletproof rental property from a maintenance standpoint. We’ve covered heating and air, hot water. What else would you work on?

Matt (06:58)
The other thing is What costs us the most money is a water leak. That’s what costs us the most money. In small multifamilies, twos, threes, and fours, and certainly for older buildings that we own, the biggest issue is everybody’s seeing it when they go down in that basement, they see that pretty little star valve, and then they see all the corrosion around it because it hasn’t been turned off or on in 20 years. And so the issue is when you then find that star valve, you can’t move it. It’s frozen. So you’re stuck. The water is going. Your only option is to shut off the main to the entire building. Well, now you have an entire building with no water. That can be a problem. It’s frowned upon. So the idea is when you have the ability, when I take over a house, we go in and we actually cut in shut offs to each unit in the basement. Quarter term ball valves It’s extremely inexpensive. You can get a plumber in there for literally two hours, and he can get you ball valves to every single unit. So you now have a shut off in the basement that anyone can access on an emergency.

Matt (07:56)
You get that water off, and you don’t have to worry about it. And One, you’re isolating the problem. You’re only taking care of the unit that has the problem of the leak. Everybody else doesn’t even know that there’s an issue.

Chad (08:07)
I even heard some landlords go to the extreme of like, you got to assume that tenants don’t necessarily know how to turn the water off. They’ll put it in the bathroom They’ll just put valves everywhere because it’s so cheap to do. Put a valve under the kitchen sink. I don’t have it done it myself. But I think that’s smart to think about. What’s the worst case scenario you can think about from a maintenance standpoint? Is water running all over the house? And a tenant is saying, I don’t know how to fix this. Then I have It’s not having good intentions, but they’re calling you, you’re traveling, the property manager doesn’t hear it. Having on the refrigerator with a magnet, turn off the valve, look under the sink, turn the valve off. Exactly. It could be a lifesaver. It could save you a ton of money.

Matt (08:41)
Five, $10,000. And a lot of times, let’s face it, a lot of times our deductibles are higher than that. Or are you going to file a claim for five grand? Right. Heck, no, because you can’t take that hit on all your properties, insurance going up. They’re going to pay themselves back 3X.

Chad (08:55)
Something I thought about a lot, Matt, lately is not only the valves, but also just the plumbing system as a whole. I buy a lot of 1950s properties in the South, and you get the old cast iron plumbing supply lines. It’s come to me. I’ve had so many copper and cast iron leaks and corrosion issues. They’re like, When I buy the property, why don’t I just go in and replace the entire supply line system with new lines, new valves? I’m just curious, if you were going to do that, what materials would you use for that?

Matt (09:25)
I think you can go a couple of different routes. If I’ve already got copper there, I really love copper, especially in the south, because it’s not nearly as prone to burst as it is in the northeast where I am. And so I actually love copper. So what I would probably do is I would go in there and I would look and just change out all the fittings with compression fittings. And we use one of those compression systems where you basically can buy them. They’re between four and 15 bucks per fitting. You get them in there, use your compression tool. And that’s something that you don’t even need a plumber to do if you’re handy. You can actually do it yourself. You can cut it out yourself. You can just shut the water off to the house when you’re doing that little project. So that’s one of the things that we would do. The other thing that’s more attractive is if you wanted to really go full bore, is you just put pecs throughout the entire house. Because it’s so flexible, you can get it up into wall cavities. It makes it really, really easy. I love dirting out about- Isn’t that fun?

Chad (10:17)
People don’t do this enough. I’m like, Come on, YouTube, you like this stuff?

Matt (10:20)
Yeah, and then they’re in their palm and their palm is like, Well, what you really need is a ball bearing and a Fetzer valve. And you’re like, A what, a what?

Chad (10:26)
So our audience are real estate investors. I’ll confess I’m not a handy person. My wife will confess to this, too. I’m good at making a punch list. I’m good at diagnosing problems. But I think there’s a lot of variability, whether you’re somebody who is all in the maintenance, doing it yourself, that’s awesome. If you’re somebody who needs to hire somebody else, cool. But you do need to know about this stuff because I’ve made so many mistakes for years as a landlord not really understanding how my property is built and how it’s put together, thinking, Oh, this property is the same as this one. No, it’s not. It’s costing me three or four, $500 more per month on a property that is not maintenance compromise versus another one that is. So this stuff we’re talking about, this is a big deal.

Matt (11:04)
This is the bread and butter. This is the whole reason that when I was doing this stuff, and I was dying in the beginning as a landlord because I was getting eaten alive by a property manager. I was getting eaten alive by every contractor that I hired and every problem that they found. One of the reasons that I got into this and then now have a course that teaches all this stuff is because I was just getting crushed. And so it’s so important to have a working knowledge to understand how these systems work, how the house works, what it’s comprised of, the different materials that you use. That’s one of the things we spend a lot of time on in our boot camps teaching people is we can get rid of all the smoke and mirrors around this and put you in a dominant position to be able to manage your asset the best you can possibly manage it. It’s huge.

Chad (11:48)
Exactly. Let’s keep making a list for everybody. I’m also curious about surfaces. I’m thinking exterior surfaces, interior floors, things like that. Do you have any go-to materials? Let’s start outside on the exterior of your building. You have the waive your magic wand, you have the perfect exterior of the building from a maintenance standpoint. What would that look like?

Matt (12:14)
Ideally, it would be like a Hardybacker. But price-wise, that’s going to price you out of… You better be selling million dollar homes if you use a Hardybacker. And so for me, it’s just what we would do is typically there’s three levels or four levels of a product. We’re never buying the bottom one. We’re rarely buying the one up from the bottom, the next one up from the bottom. We’re typically buying the one just below the top line product. Because when you look at vinyl siding, like certainty meets a great product for vinyl siding. When we look at that vinyl siding product, it is actually thicker gage. And so you have to worry about sun reflection off of windows. You have to worry not so much about the insular quality, but just when it gets hit with a baseball.

Chad (12:51)
A lot more shoots that rock. Exactly. It has a good crack on it.

Matt (12:54)
We eat Wackers. You see the cheap stuff, where you go through a neighborhood, and clearly In 1989, there was a guy driving through a 70 square with a yellow, and then the entire neighborhood’s yellow. Then there’s chips missing out of all these. It’s just you look at it and you can’t even get that yellow anymore.

Chad (13:11)
It’s fated by the sun anyway. It’s fated.

Matt (13:13)
It’s so bad. This gives you the opportunity to buy something that is not going to chip, it’s not going to crack. And then I always recommend when you do that house, you just have one extra box of it sitting there because that will carry you forever. Now there’s better material and better plastics that are anti-fade. So I have buildings that I’ve done 10 years ago with a better product, and they still look just as beautiful as they did the day they were done.

Chad (13:37)
Yeah, I’m with you. When I’m remodeling and having to go back on a budget, I’ll go with a higher grade plastic vinyl. But my dream is to have a all brick exterior with a metal trim, metal flashing, maybe vinyl flashing, windows that are not wood. I actually just wrote a tweet this morning. I want no wood on the exterior of my property. It’s not going to be possible. Agreed.

Matt (14:00)
You have to paint it. All the time. Scrape it and it rots and it gets pests.

Chad (14:06)
Forget it. It’s beautiful. I’m a sucker for old houses. I love old houses. Character, yeah. But man, for a rental property, you want stone, you want brick, you want maybe vinyl, a high-grade vinyl, but brick, stone, metal, something like that on the exterior, that can last for decades without having a problem. Whereas wood, every five years, you’re in decks or another issue. I don’t know what you think about decks, but I’ve I had to replace tons and tons of wood decks. Even though you treat them, even though you stay in them. If you can have composite, that’s one of those things that cost you on the front end. But if you’re going to own this property for 20 years, composite wood would be excellent.

Matt (14:39)
Every other year, you get it professionally power washed. And in 20 years, that deck is still going to be beautiful. And there’s no way any pressure treating, no matter what you do, no matter how you treat it in 20 years, there’s no way it’s going to look like it did in year two. And that’s the thing is, are you managing an asset or are you managing a property? I’m managing an asset. I want to create long term value and long term wealth in the asset. That way, the day that I go to sell, I’m not the guy that I’m buying from today that let his property fall apart.

Chad (15:09)
That’s why we got a deal on in the first place. Exactly.

Matt (15:10)
Because they didn’t take care of it. Exactly.

Chad (15:13)
All right, let’s keep on with surfaces. You go inside, people are walking a lot. I know when my first rental properties I bought, I had brand new carpet, and then I got it back a year later, and there’s this huge pink Kool-Aid stain or wine stain in the living room. Brand new carpet. I don’t like carpet. Tell me what you try to go with when rental property.

Matt (15:30)
When we buy something with carpet, we rip it all out. It’s just that simple. We are the anti-carpet police. We have no interest in carpet. The only place we will allow it is we use eight-pound pad with a high plush on the stairs to reduce noise. It’s the only place we do it. We don’t want wood stairs. They’re expensive to refinish. They typically get nicked up. But the most important thing is they create noise. So we want to do everything we can to act like we live there, curate an amazing experience. And that means no loud stairs. So we want eight-pound carpet pad. We want a nice high plush carpet that’s going to drastically reduce the amount of noise that you’re getting. Any other carpet in the house, we’re ripping up tax strips, we’re ripping up pad, we’re doing all of that stuff. As far as what product we would select as far as what we would use, it’s usually a combination. If we have the ability to do a red oak, a hardwood, that’s about 275 a foot, three bucks a foot. And then you can usually find fantastic crews that are willing to put it in for a couple of bucks a foot.

Matt (16:28)
So I’m five bucks a square foot getting that stuff put in and getting a couple of coats of poly. You poly that, then you buff it, then you poly it again, and then you’re finished.

Chad (16:36)
You have for 100 years with that stuff.

Matt (16:38)
Exactly. The nice thing is that with most of that red oak stuff, you’re using a three quarter inch across a plank And when you’re using that three quarter inch across plank, that’s going to get you probably six or seven sandings, which means that the next guy that buys the house, the next guy that buys the house, they’re going to be good. They’re not going to have to replace it for, like you said, 100 years. Love it.

Chad (16:57)
What about LVP? If you use the luxury vinyl plank if So you can’t use wood?

Matt (17:01)
Yeah, that’s a, sadly, that’s the only other option, right? And so I think the idea there is we try not to use residential vinyl plank. We try and use commercial vinyl plank. You buy a commercial one, they say, Hey, it’s got a 15 year warranty in a commercial setting. What they don’t tell you is it likely has a 30-year warranty in a residential setting. So you make sure that when you get the receipt, you make sure that whoever you’re buying it from, that you save it, and make sure that if they have a system that it updates like LL, big company out there that a lot of people have around, you can just tell them, Hey, put it in your system that this is a residential.

Chad (17:34)
I’m detecting a theme here is that, number one, you got to think longer term. I know the mistakes I made when I first started buying properties was thinking so short term. I’m like, I’ll go look at the flooring, the vinyl flooring, and say, Oh, this one’s a dollar 25 a square foot at Lowe’s, let me put that one in, as opposed to one that might last 30 years instead of five years in rip whenever you move a piece of furniture. That’s right. Even though it’s $5 a square foot versus $1 or $2 a square foot, a smart landlord might make decision, whether it’s your roof, whether it’s your flooring, whether it’s your exterior surfaces. That’s the theme that I think I’m getting from you a lot.

Matt (18:07)
Yeah, really the theme is use quality because we want to have that experience. But the other thing, too, is that when you’re looking for scale, what we do is we like to understand what our competition is doing in the market. We know that from our perspective, we have 137 units in our market. When we go to those 137 units, we look at the fact that our call rate, I. E. Issue rate, is about a third what our competition is. Well, that means I can grow three times the size before I have the number of issues he has or they have. This puts you in the driver’s seat. So what you really want to do is the problem is that people have trouble scaling because they have to keep on going back and managing the asset. They You need to keep on going back and fixing this, taking care of that. The tenant doesn’t want that. You don’t want that. And you can get around that often by using quality people that are installing good products. And it doesn’t mean you’re buying the Rolls-Royce of everything. It just means you’re not buying junk.

Chad (18:59)
All right, two questions. One is about picking quality. One of the issues I’ve had is even knowing what a quality product is. Sometimes you have the most expensive product that’s portrayed as a quality product. How do you figure out what quality means? Because sometimes it’s just hard to figure it out.

Matt (19:16)
Yeah, let’s start with LVP, right? Because there are a billion different ones. You’re like, Oh, yeah, this color looks like this color, but this one’s $2 and this one’s $5. Well, what the difference is, is it’s usually wear layer. It’s usually the thickness of the actual That matters. And so it’s really being comparative. This one has a 30 millil wear layer. This one has a 10 mil wear layer. Well, I don’t want a 10 mil wear layer. I’ll take a 30 because I want that extra wear layer. So it’s being able to understand, even just comparatively, You don’t have to become a flooring expert. It’s really simple. This one, it will give you all the statistics. This one will give you all the statistics. Once you understand wear layer and thickness, there’s not a whole lot more to it. The other thing you can do, too, is if you want to see if LVP is jump, take your thumb, put it on the corner and push it. You can snap it. That stuff’s junk. I got you.

Chad (20:06)
There’s probably a similar process with plumbing materials, probably similar process with any material, I guess. You got to study it a little bit and say, Google it, YouTube it. What’s the quality? What’s the difference between cheap and quality? Just educate yourself a little bit and you can figure out what that is.

Matt (20:20)
Yeah, usually, a lot of times when you go into any of the stores, when you go to any of these places, you can actually look and they’ll have a sticker right on it, which will tell you all that stuff. You can take a five minute, 10 minute crash course. That’s one of the things we talk a lot about in our boot camp is products because people are going and they’re doing the work. Does it cost you any more to have a plumber install a four-year warrantied water heater than an eight-year warrantied water heater? It doesn’t cost another dime. That heater might be an extra $100 or $200.Worth it, yeah.Well worth it.

Chad (20:48)
All right. We talked about exterior surfaces, interior surfaces. We talked about the hot water, the heating and air unit. What else? If we had to give people the other hot topics that related to maintenance, anything else come to mind? My ideal property would have to have this to be bulletproof.

Matt (21:04)
Yeah. So I think if you’re going to get bulletproof, one of the biggest differences that I think people don’t pay enough attention to is a lot of times, tenants may complain about noise, but 90 % of the time, they don’t complain about noise in these multifamilies. And so then what ends up happening is you end up with a lot of turnover in that unit. You’re just like, why is that unit keep on turning over? It’s pretty. It’s in the right area. It’s got plenty of parking. It has plenty of features. One of the things that people make the biggest mistake about is not understanding if there’s a sound problem. Very often, the easiest way to deal with that sound problem is using a product called Quiet Rock. Quiet Rock is essentially an engineered sheetrock that you can buy in inch thick, and it actually has a rubber metal membrane that goes through the middle. It’s like stacking eight pieces of half-inch sheetrock on top of each other, but you only have one inch. The ability to put that on only the party wall, which is any wall that’s shared with another unit, that’s the party wall.

Matt (22:01)
Put that on any door, any wall that you want, and that’s going to drastically reduce the amount of noise that you’re having, and likely you’re going to have longer duration tenants.

Chad (22:09)
Beautiful. I love that. Yeah, I’ve got two places. I’ve got four plexes. If you have an up-down unit, have you ever got some ceilings as well?

Matt (22:17)
Absolutely. Yeah, and again, depending on what we’re looking at, if it’s something that we’re already rehabbing, what we’re going to do is we’re going to do an extra step. We’re going to put something like some a mineral wool or something like that up in the ceiling as well. And then the The other thing you do is then you strap the ceiling because that noise comes from vibration. So I put the mineral wool up there. Then we put the strapping on the ceiling, and then we’ll put the quiet rock on the ceiling if we’re rehabbing it. And we never get people that move out because of noise.

Chad (22:43)
I love it. That’s great. Great tip. All right. Anything else you could think of? We covered a lot here, but what else is essential for a maintenance, a maintenance house?

Matt (22:50)
I think the last thing is roofing it around your chimneys. You got to make sure that your chimney is properly flashed in, properly lit it in. And Don’t cheap out. Get a 30-year architectural shingle. Don’t go with the triple tabs. You’re going to save maybe 20% on that job, but you might get 20 years. And in about 10 years, your roof is going to look tired. So you might as well go with a nice 30-year architectural shingle. Use something called Grace Ice and Water Shield. Don’t just have them do the bottom layer, have them do the next layer up as well. A lot of times the ice dams and things like that can occur because you’re getting bad passage of insulation. I think the last thing I would say is along that whole roof The system is really just talking about insulation in the attic. If you do your best, now it’s counterintuitive, right? Landlores don’t want to spend the money on extra insulation because they don’t pay the heat bill. Okay, what if, let’s just say, you actually put great insulation there in the attic. You had a good quality heat system. Now you can put yourself in a position where the tenant is not going to leave because they got a $500 heat bill in January.

Matt (23:54)
So am I helping the tenant out? Yeah, absolutely. Is it my expense? Absolutely. Is it going to keep their cost slow? Absolutely. But what does that allow me to do? It allows me to have pricing pressure on the upward fashion on rent.

Chad (24:06)
I think the attitude I’m getting from you, which I totally resonate with, is that we’re not in a counter… Our situation is counter the tenant. We’re aligned with them. If they win, if they are happy, if they enjoy living there, we win, literally, because they stay longer, they are happy, they tell their friends about you. It’s a win. The slumlord mentality, it bugs the crap out of me. I don’t get it. I don’t understand it. Not only just because it’s… Even if you want to be selfish, it’s not right, because you’re going to get higher quality tenants, they are going to stay longer. Even if it weren’t the right thing to do, it’s the selfish thing to do as well.

Matt (24:40)
The cheap becomes expensive. If we can curate an amazing experience for our tenants, they stay, there’s loyalty. The thing I’m most proud of is my renewal rate. If we’ve chosen to renew with a tenant, we have a 93% renewal rate. When you’re talking about 137 units, I can’t keep an agent busy full-time. But there’s slum lords They keep agents busy all the time. They just have no idea. And they end up working with much smaller margins. And then they have the reputation of not being a good landlord. You only have one name. Act like it.

Chad (25:10)
Matt, the Lumberjack landlord. This has been awesome. I want you to give you a chance to tell people about yourself, where they can find you if they want to connect with you.

Matt (25:16)
Yeah, sure. So Matt, the Lumberjack landlord. We actually have a course. We spend time on YouTube answering questions every Sunday for 2 hours where we just answer people’s questions about landlording. I’m a self manager. I retired three days ago. Congratulations. Yeah, I’m waiting for your six. I heard that. That piqued my ears right away. I was like, Six weeks? That’s going to probably be me. But happened right away. And so, yeah, I’m three days into retirement. It’s very uncomfortable. But, yeah, find us on YouTube and Instagram, and we do a lot of projects. We’re actually… I bought a jail, and so I’m rehabbing a jail right now.

Chad (25:52)
Love it. Love the creativity. So cool. I’m going to follow your channel as well. I’ll have links to all that, to your YouTube channel, to your courses, your Instagram below. Thanks for being on with me. Awesome.

Matt (26:01)
Appreciate it, Coach. All right, Matt.

Chad (26:02)
In this video, we got very specific about how to make your rental bulletproof from a maintenance standpoint. But one thing we didn’t cover is how to actually do the system or the process of maintaining your rental properties, both the regular maintenance and the preventative maintenance that avoids future problems. In the next video, I go over my process of annually inspecting a rental property and all the specific things I look for to avoid major maintenance costs. I even give you a free checklist that you can use to inspect and maintain your own rental properties round. You can watch the video by clicking the link above me here or in the podcast or YouTube description below.