Episode 76
Fear Of Rent Increases
In this episode, John and Kyle dive into the common but often mishandled issue that
landlords face: the fear of rent increases. Our hosts dive deep into the reasons behind
this fear and the consequences that arise from neglecting market rate adjustments.
The episode opens up a crucial dialogue for property owners about the emotional and
financial implications of effective rent management.
Kyle and John discuss the emotional factors that cause landlords to avoid raising rent,
such as avoiding conflict and fear of losing tenants. They dissect the repercussions of
such decisions, emphasizing how it detrimentally affects landlords’ returns and
potentially the property market itself. With a blend of humor and sternness, they
debunk the myths around rent increases and encourage landlords to approach their
investment with a rational and systems-based mindset.
Quotes:
• ”So it's really common when we talk to owners that have been marketing their own
properties to hear that, oh, I know that my rent is not where it should be because I've
had these tenants for a long time. They're really good people. I don't want to lose
tenants. So I've been afraid to raise their rent.”
• "They make decisions based in emotion and fear.”
• "You're likely going to lose that tenant because you just went from $1,000 to $1,500,
and they probably don't have an AC unit at the same time."
You can listen to We Are TPM on any major podcast platform including Apple
Podcasts, Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!