{"id":96,"date":"2007-03-20T03:59:04","date_gmt":"2007-03-20T08:59:04","guid":{"rendered":"https:\/\/matthewchan.com\/2007\/03\/20\/bettie-corbin-tuckers-review-of-the-turnkey-investors-rental-property-repossession\/"},"modified":"2016-10-30T07:34:28","modified_gmt":"2016-10-30T11:34:28","slug":"bettie-corbin-tuckers-review-of-the-turnkey-investors-rental-property-repossession","status":"publish","type":"post","link":"https:\/\/matthewchan.com\/?p=96","title":{"rendered":"Bettie Corbin Tucker&#8217;s Review of &#8220;The TurnKey Investor&#8217;s Rental Property Repossession&#8221;"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"109\" data-permalink=\"https:\/\/matthewchan.com\/?attachment_id=109\" data-orig-file=\"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg\" data-orig-size=\"107,150\" data-comments-opened=\"1\" data-image-meta=\"[]\" data-image-title=\"tki-rpr150.jpg\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg\" class=\"alignleft size-full wp-image-109\" src=\"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg\" alt=\"tki-rpr150.jpg\" width=\"107\" height=\"150\" \/>Bettie Corbin Tucker has once\u00a0again taken the time to review\u00a0one of my newest audio programs, &#8220;The TurnKey Investor&#8217;s Rental Property Repossession&#8221;.<\/p>\n<p><em>If you have deadbeat tenants who aren&#8217;t paying the rent on time or perhaps driving you out of your mind with lease violations, The TurnKey Investor&#8221;s Rental Property Repossession by Matthew S. Chan is exactly what you need.\u00a0 My husband and I, as landlords, have experienced some very strange happenings with our tenants: one tried to grow marijuana on the property and another kept an alligator in the basement.\u00a0 <\/em><\/p>\n<p><em>Evicting tenants via the court system can be a lengthy and costly procedure one most property managers and landlords would like to avoid; however, many of them have been brainwashed into believing that eviction is their only option. Matthew Chan, a real estate investor and property manager, personally convinced me in this audio program that there are other legal, as well as quicker, ways to get tenants to move out.\u00a0 Listen with an open mind and learn from this excellent teacher.<\/em><\/p>\n<p><em>Although Mr. Chan specializes in lease options, his intent is to keep many properties without losing money because of non-paying tenants.\u00a0 As a teen he gained much expertise in regard to leases, agreements, and business letters since his mother owned rental property.\u00a0 This gave him a head start when he began building his own investment portfolio in 2000.\u00a0 With the help of a partner, he continued to expand his business, and today, he is recognized as an expert in the field of real estate investing.<\/em><\/p>\n<p><em>This audio program came into being because Mr. Chan saw a definite need for property managers and landlords to have information on &#8220;unconventional&#8221; ways to deal with deadbeat tenants stressing that sometimes diplomacy is easier and less expensive than the bureaucracy of the legal system.\u00a0 When posting to a real estate message board on this subject, he had some very negative reactions.\u00a0 One responder said the author was presenting a theory as opposed to fact.\u00a0 However, the individual was wrong as Mr. Chan based his information on personal experience and an astounding decrease in his eviction rate by 80 percent.\u00a0 With proven results, this is fact and not theory!<\/em><\/p>\n<p><em>Admittedly, there are times that an eviction may prove to be the only way to go; however, this should not be the first course of action.\u00a0 The author lists the many glitches that property managers and landlords encounter with the eviction system glitches that result in loss of money and time.\u00a0 He also acknowledges to landlords that there are benefits to evicting, such as having the power of the law and state government on their side.\u00a0 It is obvious that a decision has to be made, and Mr. Chan provides common-sense advice on how to determine whether or not to evict.\u00a0 He also reminds students that they must know landlord\/tenant laws in their state.<\/em><\/p>\n<p><em>The author stresses that if tenants are respectful, cooperative, and communicative, it is best not to evict.\u00a0 In talking with tenants, he strives for a personal talk and not a personal attack, using negotiating skills with firmness and a clear approach.\u00a0 In most cases he believes that tenants aren&#8217;t trying to steal but simply can&#8221;t budget their money or control their lives. <\/em><\/p>\n<p><em>Mr. Chan lists three alternatives to eviction:\u00a0 classifying property as abandoned, paying off or bribing tenants, and getting a signed release.\u00a0 Although he has classified property as being abandoned, he has never paid a tenant off to vacate property even though, in some situations, he suggests it might be financially advisable.\u00a0 However, he personally believes in serving the greater good via eviction as opposed to rewarding bad behavior.\u00a0 <\/em><\/p>\n<p><em>Matthew Chan likes to recommend the &#8220;Signed Release System&#8221;\u009d calling this a clean process that has the cooperation of tenants.\u00a0 He lists the requirements for being willing to accept a signed release as well as the terms and rights of the agreement.\u00a0\u00a0 Mr. Chan points out the importance of not stressing collections while trying to get an agreement, reminding listeners that plans for scheduled payments will be made down the line.\u00a0 One aspect of this agreement that tenants will find favorable is that they will have no eviction record to haunt them when trying to find housing in the future.\u00a0 There is a four-step policy for release that, when carried out successfully, will save property managers and landlords much time and expense.\u00a0\u00a0 It bears repeating that by obtaining signed releases, the author has eliminated 80% of his evictions.\u00a0 That is money in the bank!<\/em><\/p>\n<p><em>It is worthwhile to note that the author presents case study experiences to demonstrate some of the procedures he outlines in this audio program. He is forthright in sharing mistakes that he has made as well as success stories.\u00a0 Matthew Chan is real, honest, wise and a great instructor.\u00a0\u00a0 <\/em><\/p>\n<p><em>At the end of the CD, there is a bonus section in which the author discusses when and how to use collection agencies to collect lost rents and bad debts. Again, he backs up his words with statistics from personal experiences.<br \/>\nThis audio program provides much valuable data that is long overdue.\u00a0 Perhaps property owners and landlords will rethink their position on routine evictions and opt for a system that results in less frustration and faster results.<\/em><\/p>\n<p><em>I recommend The TurnKey Investor&#8221;s Rental Property Repossession as a &#8220;must-own resource&#8221;\u009d not only as a long-time publisher and nationally published author, but as a landlord who intends to follow Matthew Chan&#8221;s advice in the future.<\/em><\/p>\n<p><em>Bettie Corbin Tucker<br \/>\nFor Independent Professional Reviewers<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bettie Corbin Tucker has once\u00a0again taken the time to review\u00a0one of my newest audio programs, &#8220;The TurnKey Investor&#8217;s Rental Property Repossession&#8221;. If you have deadbeat tenants who aren&#8217;t paying the rent on time or perhaps driving you out of your mind with lease violations, The TurnKey Investor&#8221;s Rental Property Repossession by Matthew S. Chan is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[33,11,4],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-audio-programs","category-book-reviews","category-turnkey-investing-series","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg","jetpack_shortlink":"https:\/\/wp.me\/p927L-1y","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":73,"url":"https:\/\/matthewchan.com\/?p=73","url_meta":{"origin":96,"position":0},"title":"Bettie Corbin Tucker&#8217;s AudioBook Review of &#8220;The TurnKey Investor&#8217;s Rental Property Repossession&#8221;","author":"Matthew Chan","date":"January 12, 2007","format":false,"excerpt":"Bettie Corbin Tucker\u00a0recently completed an AudioBook Review of \"The TurnKey Investor's Rental Property Repossession\".\u00a0 It is an extensive and thorough review.\u00a0 If you have deadbeat tenants who aren't paying the rent on time or perhaps driving you out of your mind with lease violations, The TurnKey Investor\"s Rental Property Repossession\u2026","rel":"","context":"In &quot;Audio Programs&quot;","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"tki-rpr150.jpg","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":55,"url":"https:\/\/matthewchan.com\/?p=55","url_meta":{"origin":96,"position":1},"title":"Graciela Sholander&#8217;s AudioBook Review of &#8220;The TurnKey Investor&#8217;s &#8216;Subject To&#8217; Mortgage Success Secrets&#8221;","author":"Matthew Chan","date":"October 18, 2006","format":false,"excerpt":"This audiobook review by Graciela Sholander was originally done in January 2006 and can be seen on Amazon.com. This concise introductory audio program provides the responsible property investor an overview of \"subject to\" mortgage transactions. If you've heard about \"subject to\" and wonder what it's about, and whether or not\u2026","rel":"","context":"In &quot;Audio Programs&quot;","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":289,"url":"https:\/\/matthewchan.com\/?p=289","url_meta":{"origin":96,"position":2},"title":"New TurnKey Investor&#8217;s Seller-Financing Seminar Recorded","author":"Matthew Chan","date":"April 8, 2008","format":false,"excerpt":"Two weeks ago, during my blog hiatus, my friend Tony Calloway and my business partner Wes Weaver joined me in hosting and conducting a brand-new seminar, \"The Turnkey Investor's Seller-Financing Short Seminar\". Essentially, this is a more advanced seminar that builds upon and expands the content of \"The TurnKey Investor's\u2026","rel":"","context":"In &quot;Audio Programs&quot;","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45,"url":"https:\/\/matthewchan.com\/?p=45","url_meta":{"origin":96,"position":3},"title":"Graciela Sholander&#8217;s Book Review of &#8220;TurnKey Investor&#8217;s &#8216;Subject To&#8217; Mortgage Handbook&#8221;","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"\u00a0This insightful book review on \"The TurnKey Investor's 'Subject To' Mortgage Handbook\" was written by Graciela Sholander.\u00a0 I am grateful for her kind words. Take an investment property subject that\"s potentially challenging to grasp, get an expert investor to explain it, and what do you have? Matthew S. Chan\"s simple-to-understand\u2026","rel":"","context":"In &quot;Book Reviews&quot;","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52,"url":"https:\/\/matthewchan.com\/?p=52","url_meta":{"origin":96,"position":4},"title":"Midwest Book Review&#8217;s Comments on &#8220;The TurnKey Investor&#8217;s &#8216;Subject To&#8217; Mortgage Handbook&#8221;","author":"Matthew Chan","date":"October 16, 2006","format":false,"excerpt":"Earlier this year, Midwest Book Review generously evaluated two of my books.\u00a0 One of them (from March 2006) included \"The TurnKey Investor's 'Subject To' Mortgage Handbook\".\u00a0 Here are their comments... The TurnKey Investor's \"Subject To\" Mortgage Handbook is a guide written especially for the independent-minded investor who is seeking a\u2026","rel":"","context":"In &quot;Book Reviews&quot;","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43,"url":"https:\/\/matthewchan.com\/?p=43","url_meta":{"origin":96,"position":5},"title":"G.A. Bixler&#8217;s Book Review of &#8220;TurnKey Investing with Lease-Options&#8221;","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"This kind book review of \"TurnKey Investing with Lease-Options\" was written by G.A. Bixler. If I were still working, I would be reading Turnkey Investing with Lease-Options as I would an excellent novel!\u00a0 Indeed, I was not only impressed with this book; I was amazed!\u00a0 The main reason for my\u2026","rel":"","context":"In &quot;Book Reviews&quot;","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"builder_content":"","_links":{"self":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96"}],"version-history":[{"count":0,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/96\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/media\/109"}],"wp:attachment":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}