The Mindful Landlord with Terrie Schauer

Discover the ins and outs of residential rental investment, know ways of profiting from land-lording the peaceful way, and learn how to treat your tenancy like it is a real business.

Resources/Links

https://terrieschauer.com/order-mindful-landlord-book/

Summary

Terrie Schauer is an investor, property manager, and broker. She has worked in Real Estate for over 20 years. She’s recently authored the book, Mindful Landlord, which looks at how to run rental property for profit and peace of mind For Terrie, investing in real estate is not just about the money, it’s about financial freedom as a way of life.

This is what inspires Terrie to manage properties for others, as well as to help other real estate investors to create more time and more freedom.

In this episode, learn Terri’s tactics and strategies that have created long-term profitability from real estate, spanning decades.

Topics Covered:

• 01:14 – Sharing  about her life as an athlete and what particular sports she’s into
• 01:57 – Winning a pretty impressive title in athletics
• 02:44 – Her accidental foray into real estate
• 03:40 – Buy and Hold as Terry’s real estate strategy
• 04:19 – Talking about her forte, multi-residential property homes
• 05:32 – What her book is all about
• 07:54 – What is “nickel and diming” 
• 09:50 – Her thoughts on “giving them an inch and they are taking a mile”
• 13:56 – Book alert: Mindful Landlord: How to Run Rental Property For Profit and Peace of Mind by Terrie Schauer

Key Takeaways:

“The book is marrying a little bit of my own mindset journey with some of the nuts and bolts stuff that you need to succeed in investing. As time goes on, I have observed my way of doing business changing and also seeing some mistakes and pitfalls that the investors that I managed properties for a run into.” – Terrie Schauer 

“I’m a big believer in personal responsibility and I always try to make my tenants sort of as responsible as possible. And that even happens in the way I communicate with them.”– Terrie Schauer 

“Treat your tenancy like your management as if it’s a business. If you only have one condo, it’s not like the tenant needs to know that, right? Like you can say it’s our policy to do this.” – Terrie Schauer 

Connect with Terrie Schauer:

• www.terrieschauer.com
• Facebook
• LinkedIn

Connect with Dave Dubeau:

• Property Profits Podcast
• www.davedubeau.com
• www.investorattractiondemo.com
• Facebook
• LinkedIn

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