What Do Property Management Companies Do

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  • เผยแพร่เมื่อ 1 ม.ค. 2025

ความคิดเห็น • 106

  • @Muldoonassociates
    @Muldoonassociates 3 ปีที่แล้ว +26

    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!

  • @naverich4603
    @naverich4603 6 หลายเดือนก่อน +1

    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

  • @aahmad341
    @aahmad341 5 ปีที่แล้ว +10

    Kris, what do you mean by " They do not do lease option"?

  • @jasonadkins1455
    @jasonadkins1455 4 ปีที่แล้ว +28

    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.

    • @SeanShunSwayy
      @SeanShunSwayy 4 ปีที่แล้ว +4

      Awesome, you're doing great! Im in my last year of highschool gaining as much knowledge as possible

    • @jasonadkins1455
      @jasonadkins1455 4 ปีที่แล้ว +5

      @@SeanShunSwayy
      Keep it up. Knowledge is power.

    • @ReganGutta96
      @ReganGutta96 3 ปีที่แล้ว

      I’m going for my first 2 bedroom house . I wonder if I should get a property manager hmm

    • @ekowanderson6396
      @ekowanderson6396 2 ปีที่แล้ว

      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

    • @brucehess1969
      @brucehess1969 7 หลายเดือนก่อน

      @@SeanShunSwayythat’s me now brother, looking at buying the place in less than a year. How’d it shape out?

  • @beefjezos
    @beefjezos 6 ปีที่แล้ว +14

    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.

  • @SilverDimeDior
    @SilverDimeDior 6 ปีที่แล้ว +18

    What is the process in building a property management company? Have any videos on that?

    • @heyyyitssabrina
      @heyyyitssabrina 5 ปีที่แล้ว +4

      I think you need a broker's license

  • @dejrand
    @dejrand 5 ปีที่แล้ว +5

    Short and to the point I loved the video

  • @lisalee2885
    @lisalee2885 2 ปีที่แล้ว

    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

  • @rentospropertymanagementso4895
    @rentospropertymanagementso4895 4 ปีที่แล้ว +10

    Helpful information about what property management companies do. Thank you for all the analysis.

  • @sumeetbajaj86
    @sumeetbajaj86 6 ปีที่แล้ว +11

    Awesome content Kris!

  • @mysteriousbootyhead2083
    @mysteriousbootyhead2083 4 ปีที่แล้ว +10

    I heard you should create an LLC if you are renting out property, or is property management company enough. Question.

  • @U-Properti
    @U-Properti 2 หลายเดือนก่อน

    Overall, property management companies play a vital role in simplifying the ownership experience for landlords and ensuring that properties are well-maintained and profitable

  • @sdflores7572
    @sdflores7572 3 ปีที่แล้ว +1

    Question: Insurance companies such as car and home insurance companies, do some offer property management?

  • @Taimur_SK
    @Taimur_SK 2 ปีที่แล้ว +2

    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 ?

    • @ia6980
      @ia6980 6 หลายเดือนก่อน

      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.

  • @MaelleShaker
    @MaelleShaker 13 วันที่ผ่านมา +196

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @IbrahimIsabella-00
      @IbrahimIsabella-00 13 วันที่ผ่านมา

      I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks...

    • @MaelleShaker
      @MaelleShaker 13 วันที่ผ่านมา

      @@IbrahimIsabella-00 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*

    • @IbrahimIsabella-00
      @IbrahimIsabella-00 13 วันที่ผ่านมา

      @@MaelleShaker Oh please I’d love that. Thanks!

    • @MaelleShaker
      @MaelleShaker 13 วันที่ผ่านมา

      *MARGARET MOLLI ALVEY*

    • @MaelleShaker
      @MaelleShaker 13 วันที่ผ่านมา

      Lookup with her name on the webpage.

  • @billyrice4227
    @billyrice4227 5 หลายเดือนก่อน

    Awesome video! Appreciate ya.

  • @DeemTV1
    @DeemTV1 2 หลายเดือนก่อน

    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?

  • @kimberlybanks1828
    @kimberlybanks1828 6 ปีที่แล้ว +4

    Thank you Kris!

  • @villasisbacag
    @villasisbacag ปีที่แล้ว

    Are there live on site property managment companies

  • @reedwarren4058
    @reedwarren4058 4 ปีที่แล้ว +1

    Do property mangers handle lawncare for the property’s?

  • @helium73
    @helium73 4 ปีที่แล้ว +2

    You mentioned repairs but went really fast. I thought you said they only find tenants. Do they handle the repairs too?

    • @gonzaloenrique8741
      @gonzaloenrique8741 3 ปีที่แล้ว +1

      Some do, some will contract out the repairs.

  • @vincenthovorka
    @vincenthovorka 9 หลายเดือนก่อน

    Very Informative!

  • @forfreedomssake4315
    @forfreedomssake4315 3 ปีที่แล้ว

    nice energy you have. thanks

  • @Splashstar216
    @Splashstar216 3 ปีที่แล้ว +1

    i will definitely do the the lease option... thanks :)

  • @wesammmm5432
    @wesammmm5432 3 ปีที่แล้ว

    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.

  • @vega25transam
    @vega25transam 3 ปีที่แล้ว

    Thank you great info 👍

  • @thinkconstructionservices
    @thinkconstructionservices 5 หลายเดือนก่อน

    Learned a lot.

  • @doradominguez7316
    @doradominguez7316 2 ปีที่แล้ว

    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.

  • @nelsonkanyi8190
    @nelsonkanyi8190 3 ปีที่แล้ว

    great presentation!

  • @FortNite-sw5fd
    @FortNite-sw5fd ปีที่แล้ว +1

    Mynd manages my property and its a nightmare

  • @gracelikerain5039
    @gracelikerain5039 2 ปีที่แล้ว

    YESSSS im going to do this

  • @yaritzavazquez511
    @yaritzavazquez511 6 ปีที่แล้ว +2

    Would they take care of snow and and the lawn?

    • @OscarAyala-v8c
      @OscarAyala-v8c 10 วันที่ผ่านมา

      They can. I have a contract that covers that

  • @staygroovybritt
    @staygroovybritt 2 ปีที่แล้ว

    Very helpful, Kris!!!

  • @eddiezamora1986
    @eddiezamora1986 3 ปีที่แล้ว +1

    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 👏🙂

  • @Lone-Wolf-Rips
    @Lone-Wolf-Rips 3 ปีที่แล้ว

    Great video

  • @triggerwarning4746
    @triggerwarning4746 3 ปีที่แล้ว

    What’s the website

  • @johng5295
    @johng5295 4 ปีที่แล้ว

    Thanks in a million.

  • @VAMP0077
    @VAMP0077 3 ปีที่แล้ว

    Subscribed 👍🏼

  • @marioalvarez4610
    @marioalvarez4610 4 ปีที่แล้ว

    Great job 🙏👍

  • @Sarah3Dipity
    @Sarah3Dipity 4 ปีที่แล้ว +1

    Where you from?

    • @jessicajoe2141
      @jessicajoe2141 4 ปีที่แล้ว

      Should I tell you something about investment?

    • @chrisfant4493
      @chrisfant4493 3 ปีที่แล้ว

      I'm from Michigan beautiful?😍😍

  • @declancurran4105
    @declancurran4105 5 ปีที่แล้ว

    great vid!

  • @whittneyprice173
    @whittneyprice173 3 ปีที่แล้ว

    Whoop there it is …. Thanks 😊

  • @azeembutt5018
    @azeembutt5018 6 ปีที่แล้ว

    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?

    • @robbertboos9311
      @robbertboos9311 6 ปีที่แล้ว

      Azeem Butt are you from Pakistan isn t it ?

  • @taylortlat2214
    @taylortlat2214 4 ปีที่แล้ว +1

    How difficult is the math in all of this?

  • @jt2kool
    @jt2kool 5 ปีที่แล้ว

    I own a badass remodeling company... what is the best way to get in with them?

    • @andersonangus3352
      @andersonangus3352 3 ปีที่แล้ว

      I will advise you contat a company that specializes on just that so as to get the best advice on what to do

  • @blin7509
    @blin7509 6 ปีที่แล้ว +5

    Can I hire a property management company and still take care of the repairs ?

    • @alexbob5209
      @alexbob5209 6 ปีที่แล้ว +2

      B Lin varies on the property management

  • @GiaielPace
    @GiaielPace 4 ปีที่แล้ว +1

    The thing he said about big hearted person is not true (experience)

    • @cbesc
      @cbesc 3 ปีที่แล้ว

      Please share your experience

    • @gonzaloenrique8741
      @gonzaloenrique8741 3 ปีที่แล้ว

      Yea, experience. Share it

  • @suvacirema2247
    @suvacirema2247 4 ปีที่แล้ว +1

    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.

  • @brickcitynetwork
    @brickcitynetwork 5 ปีที่แล้ว

    I KNOW ONE OF THEM GUYS WHO MADE THAT SONG (AT THE END) ..

  • @lvteachme973
    @lvteachme973 5 ปีที่แล้ว

    New subscriber. You're informative and funny!

  • @zainabalghazaly628
    @zainabalghazaly628 10 หลายเดือนก่อน

    Registered PM

  • @thomasreto2997
    @thomasreto2997 5 ปีที่แล้ว +1

    Excellent😃🌈🤙

  • @DayhawkinDark
    @DayhawkinDark 5 ปีที่แล้ว +76

    You have something in your hair....

  • @chriss4365
    @chriss4365 5 ชั่วโมงที่ผ่านมา

    Yeah so if you earn 30k a year then guess your going to live on the streets or in your car.

  • @FransecCambo
    @FransecCambo 4 ปีที่แล้ว

    Woop there it is!

  • @marvondgeneral8736
    @marvondgeneral8736 4 ปีที่แล้ว

    do property managers get you tenants?

  • @prawnstar502
    @prawnstar502 2 ปีที่แล้ว

    Sounds expensive.. they take all your profits

  • @lvteachme973
    @lvteachme973 5 ปีที่แล้ว

    Great tips. "Take a pinky, then the arm and whole body."

  • @mahmoudfathy7904
    @mahmoudfathy7904 3 ปีที่แล้ว

    So beautiful

  • @tropicalwaves777
    @tropicalwaves777 2 ปีที่แล้ว

    🍹🍹🍹

  • @roberthillis-qj8er
    @roberthillis-qj8er 3 หลายเดือนก่อน

    Never use a property manager never rent from a property manager deal with the owner directly no middlemen no rich people.

  • @forkthepork
    @forkthepork 2 ปีที่แล้ว +2

    You have a little speck of something in your hair.

  • @ButterflyAboveTheCloudsMusic
    @ButterflyAboveTheCloudsMusic 3 ปีที่แล้ว

    Thanks you handsome but do you have a Facebook account ? 🥰

  • @cc950
    @cc950 5 ปีที่แล้ว

    blah blah? More blah blah???

  • @dondotta7393
    @dondotta7393 3 ปีที่แล้ว

    Great video.

  • @c7eye
    @c7eye 2 ปีที่แล้ว

    Great video