What Does A Property Manager Do? Do I Really Need One?

I love property managers. In the beginning I didn't have one. I was the property manger. When I bought my first real estate deal, I was thrilled about being my own property manager. I really didn't want to take 10% of the gross rent, and give that to someone else. When do you think this changed?

What does a property manager do? Well, they put tenants in homes. They collect the rent. They do background checks. They deal with evictions or difficult issues for you. They watch over maintenance and repairs.

Watch and Enjoy!
Kris Krohn & Nate Woodbury

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Video by Nate Woodbury (The Hero Maker)

[kyawmyo]

I am still confused on if you can trust the property manager...

[Ggtsh]

Chris you should do a video of buy and hold explaining everything

[awesomeali]

Hey Kris, loving your videos so far. My question is, what is the best way to find Real Estate partners that have the money? and How can a beginner in real estate with no track record actually partner up with someone?

[ViveNuncIpsum]

What do you think of Real Estate Investor having their own property management company if they have over 100+ units?

[robkwisi]

Thanks Chris, that advise helps a lot.
I'll try selling the land. Can you help me with tips on how to sell a land? Please

[DukeDaGawd]

Hey, thank you for the video. I really enjoyed it. I myself am new to property management. I’ve been doing it in formally and I’d like to pick up. This video has been helpful. I can’t wait to enjoy more of them. I do have a question. In the video you you referenced the loyalty in volume is the cheat code

Are you purchasing loyalty from the manager or loyalty from the investors? Are you offering the property managers more homes in order for them to manage at a lower rate? Or the contractors lots of work so they can work at a reasonable rate?

[jamafrance]

Hi !! Sir I thank you so much all your videos are useful

[willdov]

Yeah most property managers hire unlicensed and uninsured contractors so that they themselves can make money.

[rickyzlab]

Just wanted to say thank you and for all of your tips and motivational videos I have acquired homes that I can receive residual income from and rent at the moment with plans to sell. Please !!! Please!! Make a video on how to create a partnering contract! Or how to gain more investors. My credit is maxed out but I now have the income and savings for more homes but can't buy unless I find partners

[BrandonTheGreatest]

I'm a renter and I have no experience in buying property, but I want to start. My question is, could I join your team even if I live in a different state?

[inwonderland]

Hey Chris, I want to start this but how did you learn to manage property’s starting out? Did you read books, mentor, self taught?

[Creamedtddybear]

If you were a college student how were you able to accrue 10 properties?

[Ggtsh]

Kris can you invest your home with a fha loan??

[geofferysimmerson-clapper]

And great advice. Are any of your properties hmos?

[steveacevedo]

Hi Kris,
As an investor do you prefer single family units?

[InnerMoonTrading]

Do you need a Property manager for lease

[inwonderland]

Hey Chris, I’m wondering how I’ll still make money after if I use your team to help with my properties?

[nic]

you said 25 properties or so, do you own all of those properties?

[chrystalsegura]

2 quick question.. if you invest with someone how do you share the profit? And if one of you wants to walk out on the deal how is that split?

[TheKoKsOnePL]

Hi Chris, how comes you always somehow get houses that are 30% cheaper than their value in your examples? Wouldn’t everyone be real estate investors if that was the case? It all sounds too easy- I buy underpriced house, pull out 30k of equity right away and buy 3 more. Boom, all done. Please clarify in a video if possible :).