1177: Self-Management, Pooled Assets, Need for Scaleability & Time-Wealthy Investor by Mark Dolfini

Jason Hartman and Adam start today's episode answering a listener's question about whether it's better to invest in a single-family home or to look at larger, pooled assets like a 16+ door multifamily. Jason reminds everyone about Commandment #3, which is especially critical in decisions like these. Then Jason talks with Mark Dolfini, Landlord Coach and author of The Time Wealthy-Investor, about best practices for self-managing your properties. Mark discusses the importance of treating your investments as a business and how to create a healthy distance between yourself and your tenants. Key Takeaways: [7:05] Single family homes tend to get better tenants, appreciate better, get better financing options and several other perks over multifamily [10:14] The risks of investing in pooled assets. Don't violate Commandment #3! [12:20] RV ratios for apartments will be higher because of shared walls, but don't let that be your determining factors between the 2. Mark Dolfini Interview: [14:53] You have to think of your real estate investments as a business [17:34] A simple tweak to keep from giving your cell phone number to your tenants [22:33] Whatever you're doing, it has to be scaleable [28:07] The software Mark likes to use Website: www.LandlordCoach.com www.NTNOnline.com www.IVAA.org www.CCMyAdmin.com

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