Today’s Flash Back Friday comes from Episode 729, originally published in September 2016.
Jason, Fernando and Oliver make up today’s expert panel. They are discussing self-management options for your income properties. The experts agree, a great property management company is worth their weight in gold but it is also important to be educated about your self-management options. The panel shares information about companies who use technology to save you time and money through automating tedious tasks, best practices to improve home interiors without spending a fortune and what types of tenants are the best types of tenants to have.
[3:40] Jason and Fernando discuss the flooring options available at an income property expo in Mesa, Arizona.
[9:19] Kwikset Kevo bluetooth locks make it easier for self-management of income properties.
[16:57] Jason recommends adding a little color to the interior walls of your income properties.
[20:33] Is self-management easier than having a property manager?
[23:27] The road to self-management and maintaining a good relationship with your tenants.
[28:00] The flat rate fee system makes self-managing properties easier.
[32:47] Property managers are reluctant to take legitimate fees out of a tenant’s security deposit.
[37:06] Ask your property managers to lower their costs if you are realizing the value.
[40:11] Using Cozy makes rent collection and viewing tenant profiles easy.
[44:35] Disintermediation is getting rid of the middle man.
[49:10] Rently allows tenants to do their own showings with only a credit card.