The Ultimate Landlord Mistake That Kills Your Profits | EP. 41

As you start looking into purchasing and renting out your real estate property, you naturally think about a profitable return on your investment. However, many landlords realize too late that they're making a mistake that costs them the biggest expense and kills their profits. Don't make the same mistake. So what is the biggest expense you should avoid if you pursue being a landlord? Sam and Lucas answer you in today's episode of The FasterFreedom Show. Tune in to learn what turnover is, why it costs so much, why it's important to screen potential tenants diligently and how Sam and Lucas choose their tenants.  “There are more good tenants out there than good landlords out there by far.”- Sam Primm  “The longer your average tenant stays in your property, the lower your turnover expense is gonna be.”- Lucas Walls  In this Episode:-What is turnover?-Why good tenants are important-Why turnover costs so much (let's look at some numbers)-How Sam and Lucas approve tenants-Top 5 vacation destinationsAnd more!Resources:-Financing For Real Estate Investors, Simplified - https://www.fasterfreedomcapital.com/Connect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok