HI 121 - Creating a System for Remote Self-Management
Heroic Investing Show
English - June 08, 2018 16:00 - 41 minutes - 38.3 MB - ★★★★★ - 25 ratingsInvesting Business Education military police Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Jason, Fernando and Oliver make up today’s expert panel. They are discussing self-management options for your income properties. The experts agree, a great property management company is worth their weight in gold but it is also important to be educated about your self-management options. The panel shares information about companies who use technology to save you time and money through automating tedious tasks, best practices to improve home interiors without spending a fortune and what types of tenants are the best types of tenants to have.
Key Takeaways:
[2:50] Gary's attempting to set up a mini-family office where each part only has one customer to service
Jason Property Management Panel:
[6:33] Is self-management easier than having a property manager?
[9:27] The road to self-management and maintaining a good relationship with your tenants
[14:00] The flat rate fee system makes self-managing properties easier
[18:47] Property managers are reluctant to take legitimate fees out of a tenant’s security deposit
[23:06] Ask your property managers to lower their costs if you are realizing the value
[26:11] Using Cozy makes rent collection and viewing tenant profiles easy
[30:35] Disintermediation is getting rid of the middle man
[35:10] Rently allows tenants to do their own showings with only a credit card.
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