What Do Property Management Companies Do
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- เผยแพร่เมื่อ 28 ต.ค. 2024
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred either directly or indirectly, using any of the information contained in this document. Also, Kris Krohn, this video, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. Homes and information about homes in this video (if any) are historical examples, where past performance does not predict future results. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
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Mr. Krohn has a financial interest in MPI Insurance Services, LLC (MPI), a licensed insurance brokerage agency incorporated..
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Old video but very accurate! I generally hear management bashing in these types of videos so it was refreshing to get a different perspective. Well done!
Overall, property management companies play a vital role in simplifying the ownership experience for landlords and ensuring that properties are well-maintained and profitable
As a 27 year just starting my own property management company and also as someone who has spent almost 10 years living with various flatmates I can tell you....the most important thing is to pick the right tenant....And I got a good idea for it after years 😅Some people put on a nice fasade to convince you and then two months later they will trash the place while high and drunk out of their mind
Kris, what do you mean by " They do not do lease option"?
I am hiring a property manager after work today. I have 7 rental properties and it is getting to be too much for me to be a landlord.
Awesome, you're doing great! Im in my last year of highschool gaining as much knowledge as possible
@@SeanShunSwayy
Keep it up. Knowledge is power.
I’m going for my first 2 bedroom house . I wonder if I should get a property manager hmm
Please how do you get tenants into your properties fast. Iv got my first rental property buh I'm scared of not finding tenants on time which will leave me taking care of the property monthly expenses
@@SeanShunSwayythat’s me now brother, looking at buying the place in less than a year. How’d it shape out?
If I buy a home using seller financing, can I hire a property management company? What would happen if I default on the loan with a tenant in place?
Also when you put in a property management Co...you have now put on site manager in the middle and Owner of property is no longer hearing ALL the truths and is seeing the owner differently and the Management Co ethics
What is the process in building a property management company? Have any videos on that?
I think you need a broker's license
So $120 a month and they will handle everything right? What if a tenant damage the property and major repair is required? Would that $120 a month cover it or I as a landlord will need to pay ?
120 is only for them to manage, u pay for every damage tenants do to your place, security deposit can be taken if damage surpassed normal wear and tear. Most of the time management companies are just collecting ur $ they dont care if ure property is trashed by tenants or not, thats why you gotta make sure you have your own inspector that can do independent inspections every year.
I heard you should create an LLC if you are renting out property, or is property management company enough. Question.
Short and to the point I loved the video
Helpful information about what property management companies do. Thank you for all the analysis.
Easily the most informative and inspiring channel. Amazing content, I have a huge interest in real estate and real estate investing. And you're helping before I even get started.
Question: Insurance companies such as car and home insurance companies, do some offer property management?
Awesome video! Appreciate ya.
Awesome content Kris!
Thank you!
Never use a property manager never rent from a property manager deal with the owner directly no middlemen no rich people.
Would they take care of snow and and the lawn?
Very Informative!
Do property mangers handle lawncare for the property’s?
What PMS/proptech, if any, do you use? Any tips on finding the best solutions? I really like DoorLoop so far in the demo process.
You mentioned repairs but went really fast. I thought you said they only find tenants. Do they handle the repairs too?
Some do, some will contract out the repairs.
what kind of a license/ brokerage license is needed to own a property management business? everyone says something different and i dont know the real answer.
Are there live on site property managment companies
Learned a lot.
Great video
Mynd manages my property and its a nightmare
i will definitely do the the lease option... thanks :)
great presentation!
YESSSS im going to do this
Very helpful, Kris!!!
nice energy you have. thanks
Thank you Kris!
You're welcome!
Hello Kimberly..
Thank you great info 👍
What’s the website
Subscribed 👍🏼
I own a badass remodeling company... what is the best way to get in with them?
I will advise you contat a company that specializes on just that so as to get the best advice on what to do
Thanks Kris 👍 it was very informed and right to the point. I'm learning more of real estate, right now I'm thinking of buying my first home for investment any recommendation you may have? Great video by the way 🙌Subscribe and liked 👏🙂
Can I hire a property management company and still take care of the repairs ?
B Lin varies on the property management
Where you from?
Should I tell you something about investment?
I'm from Michigan beautiful?😍😍
Kris, do you and your team offer to work with people in the US or do you work with people in other countries. Also do your programs help people in asian countries like Pakistan?
Azeem Butt are you from Pakistan isn t it ?
Whoop there it is …. Thanks 😊
How difficult is the math in all of this?
Great job 🙏👍
Thanks in a million.
Registered PM
great vid!
The thing he said about big hearted person is not true (experience)
Please share your experience
Yea, experience. Share it
I KNOW ONE OF THEM GUYS WHO MADE THAT SONG (AT THE END) ..
New subscriber. You're informative and funny!
You have something in your hair....
Is that hair jell....
Bwahahahahaha
I saw that too =)
The white speck
Guess what I know...a lot more than you think
NAMES OF INDIVIDUALS, COMPANIES, GOVERNMENT(S), A CERTAIN NUMBER OF STATES. MOSTLY FOCUSING ON TWO. CERTAIN DEPARTMENTS WITHIN LOCAL AND STATE GOVERNMENTS, GOVERNMENT EMPLOYEES BOTH STATE AND LOCAL. THEIR LEVEL OF INVOLVEMENT
WHO IS ACCEPTING PAYMENTS?
WHO IS EXPECTING PAYMENTS?
HOW MANY COMPANIES ARE INVOLVED?
HOW MANY GOVERNMENT EMPLOYEES INVOLVED?
HOW MANY GOVERNMENT EMPLOYEES INVOLVED DIRECTLY?
HOW MANY GOVERNMENT EMPLOYEES INVOLVED WITH KNOWLEDGE?
HOW MANY FEDERAL LAWS WERE BROKEN?
COULD THIS BE CONSIDERED GROUNDS FOR A CIVIL SUIT?
COULD THIS BE CONSIDERED ADEQUATE FOR CRIMINAL INVESTIGATION?
WOULD A JURY CONSIDER A CONSPIRACY?
IS THIS ONGOING ACTIVITY A CRIME?
IS THIS CRIMINAL BEHAVIOR WELL ORGANIZED?
CAN THE CASE BE MADE TO FILE THIS COMPLAINT UNDER A RICO STATUTE VIOLATION?
WHO HAS THE MOST TO GAIN?
WHO WOULD BE THE CAUSE?
WHAT ALREADY IS KNOWN WILL SHOCK YOU.
WHAT CAN BE PROVEN IN COURT WILL SHOCK YOU EVEN MORE.
Great tips. "Take a pinky, then the arm and whole body."
Woop there it is!
Sounds expensive.. they take all your profits
Excellent😃🌈🤙
do property managers get you tenants?
Yes
So beautiful
🍹🍹🍹
You have a little speck of something in your hair.
Thanks you handsome but do you have a Facebook account ? 🥰
blah blah? More blah blah???
Great video.
Great video