Get Rich Education

#22: Jay Hartley, Director Of Investments at Classic Property Management in Arlington, TX acquires, leases, and manages property in the Dallas-Fort Worth (DFW) metro.

They’re often newer-built brick single-family rental homes.

Listen to this week’s show and learn:

03:14  Why Keith lives in Anchorage, Alaska.

06:03  Comparing Memphis, TN and Dallas-Fort Worth, TX real estate investor markets.

08:12  A quick determination of how a property can provide you with monthly cash flow.

13:44  DFW’s “sweet spot” for investment properties is between $130,000 and $170,000.

15:26  How Jay advises you about higher Texas property taxes.

18:15  The character of your tenant and occupancy rate in this market.

27:35  Property Manager interview role-play with Jay Hartley.

32:54  How Classic Property Management screens tenants.

38:26  Classic’s fee structure, monthly reporting, and how they pay you your cash flow.

41:20  Jay wants to interview prospective investors to see if they’re a good fit for Classic.

42:04  Bonus: Listeners continue to be a “fly on the wall” even after the mock interview as Keith & Jay chat off-the-cuff.

 

Resources mentioned: 

www.ClassicPM.com

Jay Hartley direct: JayHartley@ClassicPM.com or (817) 640-2064 ext. 1212

www.Narpm.org

www.Realtor.org

www.TexasRealEstate.com

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Direct download: GREepisode22.mp3
Category:general -- posted at: 8:00am EST