Avoid this $10,000 landlord mistake by trusting science over yourself
Sat Dec 06 2025
Why do smart landlords still choose terrible tenants… and lose thousands doing it?Because most of them make one crucial mistake: they trust their gut.
In this episode, Rich breaks down the psychology behind bad landlord decisions using lessons from Thinking Fast and Slow by Nobel Prize winner Daniel Kahneman. You’ll learn why your “good feeling” about a tenant (or contractor, or new hire) is usually a trap — and why simple checklists beat interviews and instincts every time.
Rich exposes the five hidden brain biases that trick smart investors into bad picks, shares real stories of costly mistakes, and shows how a few objective criteria can protect your rentals, your money, and your sanity.
If you want fewer evictions, fewer headaches, better tenants, and more profit, there’s one rule you must follow:👉 Stop trusting your gut. Start trusting the data.
This episode changes the way you think about tenants, hiring, business, and investing forever.
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Why do smart landlords still choose terrible tenants… and lose thousands doing it?Because most of them make one crucial mistake: they trust their gut. In this episode, Rich breaks down the psychology behind bad landlord decisions using lessons from Thinking Fast and Slow by Nobel Prize winner Daniel Kahneman. You’ll learn why your “good feeling” about a tenant (or contractor, or new hire) is usually a trap — and why simple checklists beat interviews and instincts every time. Rich exposes the five hidden brain biases that trick smart investors into bad picks, shares real stories of costly mistakes, and shows how a few objective criteria can protect your rentals, your money, and your sanity. If you want fewer evictions, fewer headaches, better tenants, and more profit, there’s one rule you must follow:👉 Stop trusting your gut. Start trusting the data. This episode changes the way you think about tenants, hiring, business, and investing forever.