265: Kidnapped by Russian Mobsters and How to Manage 13,000 Rental Units with Andrew Propst

<p>Yes, really. Today’s guest was kidnapped in Russia by mobsters and not only lived to tell the tale, but he even went on to invest in rental real estate in a big way, building a massive property management business! In this show,&nbsp;<strong>Andrew Propst</strong>&nbsp;shares key insight into finding incredible property managers and solid tips for profitably managing your own tenants. Andrew also has some excellent tips for finding great real estate deals, so if rental properties are in your future, this is one show you don’t want to miss!</p><p>In This Episode We Cover:</p><ul><li>The&nbsp;<strong>kidnapping</strong>&nbsp;story</li><li>How Andrew’s&nbsp;<strong>stubbornness</strong>&nbsp;to pay rent led him to invest in real estate</li><li>His<strong>&nbsp;first investment</strong></li><li>Tips for finding the right&nbsp;<strong>property manager</strong></li><li>The details on Andrew’s&nbsp;<strong>42-unit</strong>&nbsp;multifamily property</li><li>How they managed to increase rents from&nbsp;<strong>$400 to $700</strong></li><li>Useful&nbsp;<strong>property management</strong>&nbsp;resources</li><li>What you should know about&nbsp;<strong>cap rates</strong></li><li>Tips on finding&nbsp;<strong>great deals</strong></li><li>What he thinks about&nbsp;<strong>build to rent</strong></li><li>What Andrew looks for in a&nbsp;<strong>market</strong></li><li>Thoughts on renting to&nbsp;<strong>people with a prior eviction</strong></li><li>The importance of&nbsp;<strong>enforcing</strong>&nbsp;the terms of the lease</li><li>A conversation about&nbsp;<strong>landlord-tenant laws</strong></li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="http://biggerpockets.com/llforms" target="_blank">BiggerPockets Landlord Forms</a></li><li><a href="https://www.biggerpockets.com/renewsblog/biggerpockets-podcast-232lead-sources-nathan-brooks-flip-120-houses-year/" target="_blank">BiggerPockets