1286 FBF: Property Management Strategies with Mom & Drew Baker, Part 1


Manage episode 242589429 series 1170092
By BlogTalkRadio.com and J Hartman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Today's Flash Back Friday comes from Episode 951, originally published in February 2018. It's time for Jason Hartman to have a good, old fashioned discussion on property management. This time, however, there are THREE sides at the table. In one corner is Jason's mom, who is an EXTREME do-it-herself self-manager. In another corner is Drew, who has always been with a property management company and isn't ready to step into the self-management world. And in the final corner is Jason, with his method of a hybrid model. Listen in as these three discuss concerns, strategies, and tips for property management, no matter which road you decide to go down. Key Takeaways: [7:51] The hardest part of Jason's business is property management [10:16] Drew's properties in Indianapolis were A builds, but after the Great Recession they're in C+ neighborhoods now [13:05] Jason's hybrid self-management practice [17:00] Where Jason's mom gets access to running credit reports and everything she needs to do to screen tenants [21:58] The most important thing you need to communicate to your tenant about rent [27:52] Property managers have inherent conflicts of interest [29:48] How Joyce gets her property ready for the next tenant [32:26] Questioning pricing can frequently lead to dramatic reductions in price Websites: www.JasonHartman.com/Photos www.JasonHartman.com/Events

859 episodes