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.Are you a high performing agent ready to break out and build your own agency? Book a call to see if our Plum Partners System is the right fit for you: https://system.plumpartners.com.au/watch-vsl-plumpartnerssystemFollow Daniel:https://www.instagram.com/dan_lee_plum/https://www.facebook.com/danleeproperty?mibextid=LQQJ4dhttps://www.youtube.com/channel/UCbVdJyrv-kOcdd7QIyvnzHwTimestamps[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.

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