Get Rich Education

#72: Most RE investors want their income to be passive - meaning you don’t have to work for it. Then you need a Property Manager. Knowing how to “Manage The Manager” is key.

Our guest, Kassandra Boltman, understands this as she’s a longtime and current Professional Property Manager, Investor, and Educator.

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Listen to this week’s show and learn:

01:29  Keith brings you this week’s show from Miami, Florida.

01:36  Before you learn, you need to “unlearn” these myths.

02:37  401(k)s are awful.

03:30  Compound interest? Einstein was wrong about it.

12:24  One of Keith’s biggest mistakes was self-managing for too long.

13:09  Property Managers (PMs) do so much more than collect rent.

13:42  Kassandra Boltman interview begins.

17:32  Most PM companies are “Mom and Pops.” How is a PM franchise different?

19:16  MLS lockboxes.

21:42  Communication between a PM and investor strategic planning.

23:15  Capital improvements vs. repairs.

24:54  Routine property inspections.

26:48  How to get tenants to treat property with respect, and stay longer.

32:15  PM fee structures - how to avoid getting ripped off.

34:41  How to avoid getting ripped off from PM “overmaintenance.”

35:33  Tips to increase occupancy.

39:05  How to add value to a property.

40:34  Pet policies and rental units.

43:40  PM reporting to you as the investor.

Resources:

RPMLastFrontier.com - Kassandra & Erik Boltman’s Property Management company. Contact: (907) 268-4776 or kassandra@rpmlastfrontier.com

Kassandra’s book “Pain Or Profit - Secrets Of Profitable Rental Property Investors”

RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you.

NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property.

GetRichEducation.com - that’s where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events.

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Direct download: GREepisode72_2.mp3
Category:general -- posted at: 4:00am EST