This week’s question comes from Lisa on the Real Estate Rookie Facebook Group. Lisa is asking all about property management this week: I’ve never had a property manager, what are the responsibilities of one? I was recommended a manager and was told he charges 10%. What is the average pay for a manager? What questions should I ask when I speak with him?
Whil ... Show More
Aug 14
What to Know Before Structuring a Creative Finance Deal (Rookie Reply)
You're ready to start investing in real estate, but the next step can look very different depending on your situation. Every rookie’s story is unique, and today, we’re sharing our best advice for three different scenarios so you can get in the game—no matter your starting point! ... Show More
27m 5s
Aug 12
How to Buy a Rental Property with 5% Down or Less (5 Ways)
You’ve probably heard that you need a 20% down payment to buy a rental property. But for the average rookie, that’s just not a viable way to build a real estate portfolio. Thankfully, you don’t need 20%, 15%, or even 10% in many cases. Today, we’re sharing five ways rookies can w ... Show More
43m 6s
Aug 10
This Couple Replaced Their Salaries with 9 Rental Properties (In Just 4 Years)
Chris and Ksenia Kim had always wanted to own rental properties, but planning for a family and reaching a breaking point with work travel got them to finally take action. They started with a simple property that fell within their budget, but within a few months, it had turned int ... Show More
48m 16s
Jun 2022
618: Seeing Greene: Is My Property Manager Skimming Off the Top?
Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent ... Show More
46m 24s
Jun 2024
536: My Property Manager Robbed and Ghosted Me ($40K Stolen!)
If you get your property management wrong, you could lose tens of thousands of dollars. A sketchy property manager could take all your rent and run, leaving you with the bills and no hope of recovering your long-lost rent checks. That’s precisely what happened to today’s guest, a ... Show More
49m 25s
Apr 2024
938: Scaling from 0 to 20+ Doors Using These "Self-Management" Tools & Tips w/Amelia McGee and Grace Gudenkauf
If there’s one thing that’ll make or break your real estate portfolio, it’s property management. When done correctly, property management can feed you consistent, passive income without the everyday stressors of being a landlord. Whenever you hear people talking about bad tenants ... Show More
39m 59s