Mon, 8 July 2019
Property management is the glue that makes your investment stick together. But it’s a tough job. GRE’s own John Collins has done management consulting on a project of 159 single-family rental homes. Problems he encountered:
Upgrading tenants from C-Class to B-Class. Raising the rent attracted better tenants. With just a $3 monthly rent increase per unit at a 6% cap rate, the project value increases $100,000. We break down the math. What gets measured gets improved. Maintenance issues occur with a property about quarterly. Practicing “tactical empathy”. To contact John, e-mail info@getricheducation.com with “For John Collins” in the subject line. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned: Contact John Collins via e-mail: Mortgage Loans: Turnkey Real Estate: QRP: JWB New Construction Turnkey: Our Tampa Real Estate Field Trip: Best Financial Education: Find Properties: Follow us on Instagram: Keith’s personal Instagram: |