In this episode of the Get Keen podcast, Daniel Lee shares valuable insights on starting and growing a rental business. He emphasizes the hard work and problem-solving involved, highlighting the importance of the sales team and the costs associated with hiring the first employee. Dan discusses the benefits of building a rental business, provides tips for success, and warns against common mistakes. Drawing from his own experience of growing a rental business from scratch to over 800 properties, Daniel's practical advice is sure to inspire aspiring real estate entrepreneurs.

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https://www.instagram.com/dan_lee_plum/

https://www.facebook.com/danleeproperty?mibextid=LQQJ4d

https://www.youtube.com/channel/UCbVdJyrv-kOcdd7QIyvnzHw

Timestamps

[00:00:00] - Introduction

[00:02:18] The asset value of a rent roll.

[00:08:07] Rental business advantages.

[00:08:53] Benefits of starting a rent roll.

[00:13:22] Strategies for rental business.

[00:19:15] Converting rentals to investments.

[00:21:44] Google reviews incentive strategy.

[00:24:48] Google reviews for rental business.

[00:29:29] Maximizing business from current landlords.

[00:32:30] Challenges of property management.

[00:35:33] Importance of hiring a BDM.