How to Stop Property Management Fees from KILLING Your Cash Flow

  Рет қаралды 5,617

Real Estate Rookie

Real Estate Rookie

Күн бұрын

Пікірлер: 13
@lailaatallah1857
@lailaatallah1857 Жыл бұрын
This info was invaluable!! Whenever you share the down and dirty nuts and bolts, and specific dollar amounts, it makes everything so much more real and clear. I could listen to videos like this every day. Thank you for all you two do.
@amymegginson-uz7jj
@amymegginson-uz7jj Жыл бұрын
I love your show and your information is amazing 😂
@Zachdpate
@Zachdpate Жыл бұрын
I outsourced property management for my first 24 doors. Was being charged 10% of gross income but after accounting for the additional fees, it was more like 15%-17%. For example, if we had to have a plumber out for a repair. The property management company would tack on 20% of the plumbers bill just for facilitating.
@PS3PS3PS3PS3
@PS3PS3PS3PS3 Жыл бұрын
wow! Thanks for the info!
@bbqworld2103
@bbqworld2103 Жыл бұрын
Thank you for sharing your experience, how do you handle your property management for your property? Thanks
@alexisking9620
@alexisking9620 Жыл бұрын
Yes, please have an insurance broker on one of your episodes. Had a guest drive into the deck at my property and it was not covered by Airbnb because they do not cover issues that are caused by a motor vehicle.
@The1SimLash
@The1SimLash Жыл бұрын
Most commercial loans are also interest only. You can also get an ARM for your investments. Just be sure to plan plan plan
@richardjudge2322
@richardjudge2322 Жыл бұрын
Great Information Tony and Ashley.
@IamAlan867
@IamAlan867 Жыл бұрын
1/2 of first months rent, 10% off the top each month after. Cost of materials and $25/hr for repairs.
@lawrencebriggs
@lawrencebriggs Жыл бұрын
Great video! I did property management for several years.
@bw-cx6uc
@bw-cx6uc Жыл бұрын
I use property tap software very easy to use and ver affordable to help me automate so I don’t need a property manager. Software is a great way to automate your way out of needing a property manager.
@ThePUMPJUNKY
@ThePUMPJUNKY Жыл бұрын
The first question is what I'm going through.
@pinkorganichorse
@pinkorganichorse Жыл бұрын
This guy is adorable. Looks like a 4yo.
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