JF1267: How To Successfully Self-Manage As A DIY Landlord with Eric Drenckhahn

<p><span style="font-weight: 400;">Eric left his 6-figure IT job to pursue real estate full time a few years ago. Now he owns properties and prefers to manage them himself. Today he tells us his best ever tips for managing investment properties.</span> <span style="font-weight: 400;">If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review.</span></p> <p> </p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“It all depends on where you’re at in your life and what your true opportunity cost is” - Eric Drenckhahn</span></p> <p> </p> <p><strong>Eric Drenckhahn Real Estate Background:</strong></p> <p><span style="font-weight: 400;">-A "DIY landlord" who has managed his mid-sized portfolio for years since 2000</span></p> <p><span style="font-weight: 400;">-</span><span style= "font-weight: 400;">Left his full-time 6-figure IT job to pursue real estate and travel</span></p> <p><span style="font-weight: 400;">-Purchased 5 fourplexes and a single-family home, a couple more flips, either as an investor or in the rehab</span></p> <p><span style="font-weight: 400;">-Single-family home at a sheriff’s sale that was redeemed away from me.</span></p> <p><span style="font-weight: 400;">-Currently focusing on doing a 1031 exchange to a Florida property</span></p> <p><span style="font-weight: 400;">-Say hi to him at</span> <a href="http://www.nononsenselandlord.com/"><span style= "font-weight: 400;">http://www.nononsenselandlord.com/</span></a></p> <p><span style="font-weight: 400;">-Based in St. Paul, Minnesota</span></p> <p><span style="font-weight: 400;">-Best Ever Book: The Art of the Deal</span></p> <p> </p> <p> </p> <p><span style="font-weight: 400;">Made Possible Because of Our Best Ever Sponsors:</span><span style= "font-weight: 400;"><br /></span><span style= "font-weight: 400;"><br /></span><span style= "font-weight: 400;">Are you looking for a way to increase your overall profits by reducing your loan payments to the bank?</span><span style= "font-weight: 400;"><br