Managing Your Rental Property for PROFIT

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Ken McElroy

Ken McElroy

Күн бұрын

To get a free copy of Ken's eBook "21 Keys to Real Estate Success" just visit this link: 7rxyf2er.pages.infusionsoft.net
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Join Ken and Lesley Brice as they discuss the positives and negatives of managing your own real estate property.
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Ken's Books:
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The Advanced Guide to Real Estate Investing: goo.gl/5sQ1SS
ABC's of Property Management: goo.gl/hjUUah
The Sleeping Giant: goo.gl/iZZalj

Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.
Ken's company: www.MCCompanies.com

If you are interested in this topic you can find more information out at the links below.
How To Manage Rental Properties: A Simple Step-By-Step ...
www.rentprep.com › property-management › managing-rental-prop...
Jul 5, 2018 - Remember that in its most minimalistic form, property management requires only a few simple steps: Buy and repair a property. Set up a rental cost & tenant requirements. Find tenants and rent the house to them. Maintain the property. Collect rent and pay taxes. Profit!
‎Step 1: Buy & Repair · ‎Step 2: Set Prices ... · ‎Step 3: Rent Your Property
5 Ways to Save Money by Being Your Own Property Manager
www.landlordology.com › save-money-by-being-a-property-manager
Aug 3, 2017 - Managing your own rental properties isn't as hard as you thought. You'll be glad you made the decision to hold onto more of your money.
How to Manage a Rental Property | Zillow Rental Manager
www.zillow.com › rental-manager › resources › manage-properties
Jul 3, 2019 - You don't need to be a management pro, real estate expert or ... If you're managing your own rental property, be sure to remind tenants to be ...
Should You Manage Your Rental Properties Yourself? - Forbes
www.forbes.com › sites › brandonturner › 2016/08/23 › should-yo...
Aug 23, 2016 - When investing in rental properties, there are a lot of tasks that need to be ... that a real estate investor should consider before making the decision. ... to become a good landlord and you are more interested in "just owning.

Пікірлер: 17
@apohlmann11
@apohlmann11 3 жыл бұрын
Nothing but a 30 minute infomercial for their property management company.
@davidmurff540
@davidmurff540 2 жыл бұрын
Does seem like Ken just schilling farming out property management. I’m actually trying to learn how to manage so I can partner with capital and run my own JV multifamily properties.
@Jerrodbasketball
@Jerrodbasketball Жыл бұрын
Yeah big waste of time.
@BarbaraGergely
@BarbaraGergely 3 жыл бұрын
So much value in all your videos. Thank you Ken! Learning so much :)
@shanerockriver5030
@shanerockriver5030 4 жыл бұрын
Hey Ken, Thanks for the video. I have always self managed and the trick was to only aquire or build within 45 minutes from home or less or 20 minutes from work or less. This has turned out to be very convenient and very doable. Chapel hill / RTP, NC
@KenMcElroy
@KenMcElroy 4 жыл бұрын
That is a good tip Shane. Reducing challenges, like distance, is a key to successful self-management. Good luck to you on your investment goals. Thanks for watching and contributing!
@sandip471
@sandip471 3 жыл бұрын
Loved this podcast/video, Ken and Lesley!
@rksr8103
@rksr8103 4 жыл бұрын
Hi KEN ...You are a GEM..All your videos are just amazing..Keep going..Cheers..
@paulpena9548
@paulpena9548 4 жыл бұрын
Ha, I would say property management is also working for tips: I pay my waiters way more than the 6-10% I pay my PM's.
@moneyninja3852
@moneyninja3852 3 жыл бұрын
The problem with out of state property management companies is that they get a kick back on repairs. Therefore, they fix EVERYTHING! If the tenant asks for anything, the management company just fixes it. Repairs and maintenance is insane!
@MrABaker
@MrABaker 2 жыл бұрын
@Ken When do you suggest to get your roofs repaired on rental property? Near the end of the roofs life? Wait til a leak starts? Go off a roofer recommendation? I own 3 properties and also live in AZ. Thx!!
@onecompass7290
@onecompass7290 2 жыл бұрын
Please explain what syndicating means?
@stldweller
@stldweller 4 жыл бұрын
haha, you mentioned if water heater breaks I'll get a anywhere between a $250 number and a $750 number . Well I recently got the $1150 number for that. Lesson learned
@KenMcElroy
@KenMcElroy 4 жыл бұрын
That is a tough lesson D Thomas. Sounds like you are using that knowledge to help yourself in the future. Thanks for watching and commenting!
@JJ-tm8vq
@JJ-tm8vq 2 жыл бұрын
How can we touch base with Lesley
@Multifamilyinsiders
@Multifamilyinsiders 4 жыл бұрын
Loved this podcast/video, Ken and Lesley!
@KenMcElroy
@KenMcElroy 4 жыл бұрын
Thanks for watching Multifamily Insider! I'm glad you found value in it.
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