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Investing In Real Estate Podcast

For many landlords and tenants, right now is a challenging time. With tenants out of jobs due to the pandemic, landlords with mortgages are feeling the pinch. Today’s guest, Edward O’Daniel, is here to share his experience with finding solutions for tenants during an eviction moratorium.

Edward O’Daniel is a real estate investor, broker, coach, and entrepreneur behind Veteran Landlord. On this episode of Investing in Real Estate, Edward is sharing his best tips on dealing with eviction moratoriums, how to decide if being a landlord is right for you, and setting yourself up for success as a real estate investor.

On this episode you’ll learn:

  • How to decide if you should be a DIY landlord or hire a property management company.
  • The best approach for dealing with eviction moratoriums in 2021.
  • What you can find at Veteran Landlord.
  • And more!

How to Decide If You Should Be a DIY Landlord or Hire a Property Management Company

Edward explains that this is an important decision that comes down to one question: do you want to have real estate integrated into your life or is it just an investment?

Either way is fine, but you have to know what you’re getting into. Being a landlord is a full-time job that entails finding tenants, arranging repairs, collecting rent, and much more. If you choose to manage your properties yourself, Edward highly suggests building an infrastructure to support your business.

The Best Approach for Dealing with Eviction Moratoriums in 2021

In St. Louis where Edward invests, evictions are actually back in place. However, Edward’s approach is to work with tenants who are making an effort. He suggests working with an eviction attorney who can help find local relief programs.

Edward explains that the best thing you can do is communicate with your tenants and help them in any way you can. Be open and compassionate, because many people are suffering during this time.

What You Can Find at Veteran Landlord

At VeteranLandlord.com, you can get free access to the Landlord Starter Kit. It is totally free to join, and you can learn about the five necessary pillars to property management. Veteran Landlord’s mission is to help investors create a more efficient and profitable plan for managing their properties.

Connect with Edward O’Daniel

Episode Resources
Book a Call with Our Team
Veteran Landlord ← Get free access to the Landlord Starter Kit!
Download the free Financial Empowerment Bootcamp
Download the Freedom Cheat Sheet
Subscribe to Investing in Real Estate on iTunes
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

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Posted on

May 20, 2021

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