Jaspreet Singh
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Podcast Appearances
It is a part of the process. You can learn everything you want, but every real estate deal is unique. You are going to screw up. And I have made a lot of screw ups. But once you get through the screw ups, it becomes a lot easier. I call it the hurdle. But then things get even more exciting. Because now I bring on a new property manager. And True story. Und jetzt habe ich hier diese Gesetzgebung.
It is a part of the process. You can learn everything you want, but every real estate deal is unique. You are going to screw up. And I have made a lot of screw ups. But once you get through the screw ups, it becomes a lot easier. I call it the hurdle. But then things get even more exciting. Because now I bring on a new property manager. And True story. Und jetzt habe ich hier diese Gesetzgebung.
Ich bin 21, 22 Jahre alt. Ich habe keine Ahnung, was da passiert ist. Jasper, waren die BattenzĂŒge zu dreckig? Na, ich werde dir genau sagen, was passiert ist. There was a chip about the size of a quarter in the bathtub. The paint had chipped. They filed a complaint with my new property manager.
Ich bin 21, 22 Jahre alt. Ich habe keine Ahnung, was da passiert ist. Jasper, waren die BattenzĂŒge zu dreckig? Na, ich werde dir genau sagen, was passiert ist. There was a chip about the size of a quarter in the bathtub. The paint had chipped. They filed a complaint with my new property manager.
Thank God I switched property managers, because what a good property manager does is they're going to document everything that happens. So my property manager documents that, okay, tenant complains of a chip in their bathtub. We send out the contractor. So the property manager sends out the contractor. They go there to fix the chip in the bathtub. And you know what the tenant says?
Thank God I switched property managers, because what a good property manager does is they're going to document everything that happens. So my property manager documents that, okay, tenant complains of a chip in their bathtub. We send out the contractor. So the property manager sends out the contractor. They go there to fix the chip in the bathtub. And you know what the tenant says?
Can you come back a different time? My husband slipped and fell at a friend's barbecue, and so we don't want you to fix that chip today. The contractor says, okay, we note this down. He tries to then fix the chip three more times, but the tenant denies it every single time. So we thought, okay, just let us know when you want the chip fixed. The contractor is waiting.
Can you come back a different time? My husband slipped and fell at a friend's barbecue, and so we don't want you to fix that chip today. The contractor says, okay, we note this down. He tries to then fix the chip three more times, but the tenant denies it every single time. So we thought, okay, just let us know when you want the chip fixed. The contractor is waiting.
They never brought it up again. Then we get this lawsuit saying that we were negligent, that I'm this evil, greedy human being, because I refused to fix this chip in the bathtub, which made the bathtub slippery when the water was on, which caused this person to slip and fall and break their hip. Und jetzt gehen wir durch den Entschuldigungsprozess.
They never brought it up again. Then we get this lawsuit saying that we were negligent, that I'm this evil, greedy human being, because I refused to fix this chip in the bathtub, which made the bathtub slippery when the water was on, which caused this person to slip and fall and break their hip. Und jetzt gehen wir durch den Entschuldigungsprozess.
GlĂŒcklicherweise hatte ich Insurance, aber die Insurancefirma muss immer noch fĂŒr den Staatsanwalt bezahlen. Ich muss immer noch durch all die Procedures involviert sein. Und jetzt sagen sie, weil ich diesen Chip nicht geschliffen habe, habe ich den KĂŒhlschrank kaputt gemacht und das ist das, was diesen Anwalt getötet hat.
GlĂŒcklicherweise hatte ich Insurance, aber die Insurancefirma muss immer noch fĂŒr den Staatsanwalt bezahlen. Ich muss immer noch durch all die Procedures involviert sein. Und jetzt sagen sie, weil ich diesen Chip nicht geschliffen habe, habe ich den KĂŒhlschrank kaputt gemacht und das ist das, was diesen Anwalt getötet hat.
Aber wir hatten die Dokumentation, die sagt, dass er sich geschliffen und auf einem Freundesbarbecue gefallen ist. Und dann gehen wir durch die KrankenhÀuser. Und wir haben herausgefunden, dass dieser Mensch sich geschliffen und auf einem Barbecue fallen ist. But they wanted to get some money out of this rich landlord. I'm a 22-year-old kid, a 21-year-old kid. I have no idea what's going on.
Aber wir hatten die Dokumentation, die sagt, dass er sich geschliffen und auf einem Freundesbarbecue gefallen ist. Und dann gehen wir durch die KrankenhÀuser. Und wir haben herausgefunden, dass dieser Mensch sich geschliffen und auf einem Barbecue fallen ist. But they wanted to get some money out of this rich landlord. I'm a 22-year-old kid, a 21-year-old kid. I have no idea what's going on.
And so the insurance company had to settle. They paid $14,000 to make the case go away.
And so the insurance company had to settle. They paid $14,000 to make the case go away.
Ich war in einer Runde. In einer Runde, ja. Ich wollte es machen. Und so fand ich den gĂŒnstigsten und schnellsten Kontraktor, den gĂŒnstigsten und schnellsten Landwirt, den gĂŒnstigsten und schnellsten, oder nicht den gĂŒnstigsten, aber den schnellsten Tenant, den ich bringen konnte, weil ich es schnell machen wollte. Ich wollte es schnell machen.
Ich war in einer Runde. In einer Runde, ja. Ich wollte es machen. Und so fand ich den gĂŒnstigsten und schnellsten Kontraktor, den gĂŒnstigsten und schnellsten Landwirt, den gĂŒnstigsten und schnellsten, oder nicht den gĂŒnstigsten, aber den schnellsten Tenant, den ich bringen konnte, weil ich es schnell machen wollte. Ich wollte es schnell machen.
One of the most expensive things that you can do is be cheap. And I learned that the hard way because I was born to be cheap. I talked about how Indian people make a dollar to spend 20 cents. That was my family growing up. And that was the way that I was raised. That if you become a doctor, you'll make a nice six-figure salary. You can live off of $30,000 a year and save a whole lot of money.
One of the most expensive things that you can do is be cheap. And I learned that the hard way because I was born to be cheap. I talked about how Indian people make a dollar to spend 20 cents. That was my family growing up. And that was the way that I was raised. That if you become a doctor, you'll make a nice six-figure salary. You can live off of $30,000 a year and save a whole lot of money.