Fri, 26 February 2016
#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.
RPMLastFrontier.com - Kassandra & Erik Boltman’s Property Management company. Contact: (907) 268-4776 or email@example.com
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.
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