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2229 FBF: CapEx Repairs, Home Inspections & Market, Screen, Lease, Collect, Maintain & Accounting Self-Management Tool UpTop by Frank Barletta
Description
This Flashback Friday is from episode 1205, published last May 30, 2019.
Jason Hartman and Adam kick off today's episode answering some listener questions from Brenda and Roger. They want to know about how Jason's family was able to make real estate investing work in California, as well as planning for CapEx repairs as a landlord.
Then Jason talks with Frank Barletta, Co-Founder and CEO of UpTop, about how his software can help self-managing property owners. Frank explains how UpTop helps landlords deal with leases and maintenance requests, as well as how to use the platform.
Key Takeaways:
5:50 Listen Question from Brenda: Jason doesn't like investing in California but his Aunt has successfully invested in Sacramento, CA. How did she succeed?
6:22 Real estate as an asset is so powerful that it can turn decent investments into great investments over time
8:36 How to account for large CapEx repairs
12:23 It's crucial to look at your inspect report thoroughly and make sure the items that were supposed to be done were done properly so you don't get surprise expenses later
Frank Barletta Interview:
19:33 What does a landlord do with UpTop?
22:33 Where UpTop makes its money
27:38 How UpTop handles leases
28:25 Dealing with maintenance issues through UpTop
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