225: Property Manager Expectations & Mistakes To Avoid, Houston Market

Property Manager Expectations & Mistakes To Avoid, Houston Market

by Keith Weinhold | Get Rich Education

Learn what manager fees you should pay & not pay. The “glue” that binds you & your profitable property together is your Property Manager (PM). Higher PM fees might be better or worse for you – it depends on what duties they perform. You pay both a Management Fee and a Leasing Fee. If there’s an activity that you DON’T want to do with your property, then make sure your PM will do it as stated in your Management Agreement. What should Managers DO? Collect rent, find tenants, market vacant property, perform maintenance, pay bills, handle emergencies. What DON’T Managers do? Sell or refinance a property for you. What falls in between? Extensive renovations, evictions, regular maintenance inspections. We discuss Property Management Agreements. GRE-Houston is perhaps the best investment market we’ve never discussed before. As America’s 4th-largest city, Houston has good rent-to-value ratios, low property prices, a vast economy, stunning growth, and laws benefit landlords over tenants. The Houston provider has BRAND NEW construction SFRs and duplexes for you.

Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book

Resources Mentioned >

Resources Mentioned: Houston Turnkeys: GetRichEducation.com/Houston | Mortgage Loans: RidgeLendingGroup.com | Cash Flow Banking: ProducersWealth.com | Turnkey RE: NoradaRealEstate.com | QRP: TotalControlFinancial.com | Find Properties: GREturnkey.com | Follow us on Instagram: @getricheducation

Enjoy the podcast? Subscribe here!
iTunes Android Android Android iHeartRadio  Spreaker SoundCloud

gre-book

SUBSCRIBE TO OUR FREE NEWSLETTER

Be notified of wealth-building Get Rich Education updates! Leave your contact details here.

You have Successfully Subscribed!

GRAB GET RICH EDUCATION’S BOOK AND LETTER!


Free E-Book. 7 Money Myths That Are Killing Your Wealth Potential contains money secrets you can’t believe you never knew in 84 concise pages. It finally clarifies how real estate creates financial freedom.

Free Letter. Our weekly Don’t Quit Your Daydream E-mail letter wires your mind for wealth. It helps you make money in your sleep and updates you on important real estate investing trends.

Full of value, void of hype. Just real content that makes a difference in your life. Rather than living below your means, learn how to expand your means.

Check Your E-Mail For The Book.

GET MY FREE EBOOK


7 Money Myths That Are Killing Your Wealth Potential

Check Your E-Mail For The Book.

Share This
FREE COURSE