Fear Of Rent Increases

11/05/2024 30 min Episodio 76
Fear Of Rent Increases

Listen "Fear Of Rent Increases"

Episode Synopsis

In this episode, John and Kyle dive into the common but often mishandled issue thatlandlords face: the fear of rent increases. Our hosts dive deep into the reasons behindthis fear and the consequences that arise from neglecting market rate adjustments.The episode opens up a crucial dialogue for property owners about the emotional andfinancial implications of effective rent management.Kyle and John discuss the emotional factors that cause landlords to avoid raising rent,such as avoiding conflict and fear of losing tenants. They dissect the repercussions ofsuch decisions, emphasizing how it detrimentally affects landlords’ returns andpotentially the property market itself. With a blend of humor and sternness, theydebunk the myths around rent increases and encourage landlords to approach theirinvestment with a rational and systems-based mindset.Quotes:• ”So it's really common when we talk to owners that have been marketing their ownproperties to hear that, oh, I know that my rent is not where it should be because I'vehad these tenants for a long time. They're really good people. I don't want to losetenants. So I've been afraid to raise their rent.”• "They make decisions based in emotion and fear.”• "You're likely going to lose that tenant because you just went from $1,000 to $1,500,and they probably don't have an AC unit at the same time."You can listen to We Are TPM on any major podcast platform including ApplePodcasts, Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!