Jason Hartman is joined by author and real estate investor, Barb Getty, as she talks about her journey into real estate investing, what it takes to be a good landlord or property manager, how to find and keep great tenants, and explains the eviction process.\xa0
The second of four children, Barb was born and raised in Gary, IN.\xa0 She graduated cum laude from Purdue and married soon after.\xa0After seven moves in nine years of marriage, her family settled in Indianapolis.
Tragedy struck in 1992 when her 17-year-old son was killed in a car accident.\xa0 Her daughters were 16 and 14 at the time.\xa0 Sadly, Barb\u2019s 21-year marriage ended eight months after Todd\u2019s death.\xa0 She bought a small home needing repairs, and following the fix-up, she and her daughters moved in.
Pleased with that first project, Barb purchased her first duplex (with little money, no credit and no experience), hoping she had the wherewithal to be a landlord.\xa0 Today, she owns 27+ units \u2014 a mix of single and multi-family, low and middle income rentals.\xa0 CNBC.com\xa0 interviewed her recently and the article also appeared in USA Today.\xa0\xa0 Barb has also added high-end property management, consulting and speaking engagements to her business.
Although she hasn\u2019t had an easy road, Barb is both financially and emotionally invested in her work.\xa0 She invites people to watch a video showing scenes she faces as a landlord in the inner city.\xa0 It\u2019s very compelling.\xa0 Barb authored The Landlord Chronicles:\xa0 Investing in Low and Middle Income Rentals, published in 2010. Armed with a positive attitude and a strong sense of humor, Barb Getty is making a difference in her tenants\u2019 lives, the neighborhood and the city as well.