What Do Property Management Companies Do

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  • Опубліковано 11 січ 2025

КОМЕНТАРІ • 106

  • @Muldoonassociates
    @Muldoonassociates 3 роки тому +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!

  • @rentospropertymanagementso4895
    @rentospropertymanagementso4895 4 роки тому +10

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

  • @naverich4603
    @naverich4603 6 місяців тому +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 6 років тому +10

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

  • @jasonadkins1455
    @jasonadkins1455 4 роки тому +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 роки тому +4

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

    • @jasonadkins1455
      @jasonadkins1455 4 роки тому +5

      @@SeanShunSwayy
      Keep it up. Knowledge is power.

    • @ReganGutta96
      @ReganGutta96 3 роки тому

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

    • @ekowanderson6396
      @ekowanderson6396 2 роки тому

      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 8 місяців тому

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

  • @beefjezos
    @beefjezos 6 років тому +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.

  • @lisalee2885
    @lisalee2885 2 роки тому

    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

  • @dejrand
    @dejrand 5 років тому +5

    Short and to the point I loved the video

  • @SilverDimeDior
    @SilverDimeDior 6 років тому +18

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

  • @mysteriousbootyhead2083
    @mysteriousbootyhead2083 4 роки тому +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 3 місяці тому

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

  • @DeemTV1
    @DeemTV1 3 місяці тому

    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?

  • @Taimur_SK
    @Taimur_SK 2 роки тому +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 місяців тому

      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.

  • @sumeetbajaj86
    @sumeetbajaj86 6 років тому +11

    Awesome content Kris!

  • @sdflores7572
    @sdflores7572 3 роки тому +1

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

  • @wesammmm5432
    @wesammmm5432 3 роки тому

    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.

  • @villasisbacag
    @villasisbacag Рік тому

    Are there live on site property managment companies

  • @reedwarren4058
    @reedwarren4058 4 роки тому +1

    Do property mangers handle lawncare for the property’s?

  • @billyrice4227
    @billyrice4227 5 місяців тому

    Awesome video! Appreciate ya.

  • @doradominguez7316
    @doradominguez7316 2 роки тому

    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.

  • @vincenthovorka
    @vincenthovorka 10 місяців тому

    Very Informative!

  • @helium73
    @helium73 4 роки тому +2

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

  • @Splashstar216
    @Splashstar216 3 роки тому +1

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

  • @eddiezamora1986
    @eddiezamora1986 4 роки тому +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 👏🙂

  • @thinkconstructionservices
    @thinkconstructionservices 5 місяців тому

    Learned a lot.

  • @forfreedomssake4315
    @forfreedomssake4315 3 роки тому

    nice energy you have. thanks

  • @kimberlybanks1828
    @kimberlybanks1828 6 років тому +4

    Thank you Kris!

  • @vega25transam
    @vega25transam 3 роки тому

    Thank you great info 👍

  • @nelsonkanyi8190
    @nelsonkanyi8190 3 роки тому

    great presentation!

  • @FortNite-sw5fd
    @FortNite-sw5fd Рік тому +1

    Mynd manages my property and its a nightmare

  • @MaelleShaker
    @MaelleShaker 23 дні тому +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 23 дні тому

      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 23 дні тому

      @@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 23 дні тому

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

    • @MaelleShaker
      @MaelleShaker 23 дні тому

      *MARGARET MOLLI ALVEY*

    • @MaelleShaker
      @MaelleShaker 23 дні тому

      Lookup with her name on the webpage.

  • @yaritzavazquez511
    @yaritzavazquez511 6 років тому +2

    Would they take care of snow and and the lawn?

    • @OscarAyala-v8c
      @OscarAyala-v8c 20 днів тому

      They can. I have a contract that covers that

  • @gracelikerain5039
    @gracelikerain5039 2 роки тому

    YESSSS im going to do this

  • @triggerwarning4746
    @triggerwarning4746 3 роки тому

    What’s the website

  • @staygroovybritt
    @staygroovybritt 2 роки тому

    Very helpful, Kris!!!

  • @Lone-Wolf-Rips
    @Lone-Wolf-Rips 3 роки тому

    Great video

  • @VAMP0077
    @VAMP0077 3 роки тому

    Subscribed 👍🏼

  • @marioalvarez4610
    @marioalvarez4610 4 роки тому

    Great job 🙏👍

  • @Sarah3Dipity
    @Sarah3Dipity 4 роки тому +1

    Where you from?

    • @jessicajoe2141
      @jessicajoe2141 4 роки тому

      Should I tell you something about investment?

    • @chrisfant4493
      @chrisfant4493 4 роки тому

      I'm from Michigan beautiful?😍😍

  • @azeembutt5018
    @azeembutt5018 6 років тому

    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 років тому

      Azeem Butt are you from Pakistan isn t it ?

  • @johng5295
    @johng5295 4 роки тому

    Thanks in a million.

  • @whittneyprice173
    @whittneyprice173 3 роки тому

    Whoop there it is …. Thanks 😊

  • @declancurran4105
    @declancurran4105 5 років тому

    great vid!

  • @taylortlat2214
    @taylortlat2214 4 роки тому +1

    How difficult is the math in all of this?

  • @jt2kool
    @jt2kool 5 років тому

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

    • @andersonangus3352
      @andersonangus3352 3 роки тому

      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 років тому +5

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

    • @alexbob5209
      @alexbob5209 6 років тому +2

      B Lin varies on the property management

  • @GiaielPace
    @GiaielPace 4 роки тому +1

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

  • @suvacirema2247
    @suvacirema2247 4 роки тому +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 років тому

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

  • @thomasreto2997
    @thomasreto2997 5 років тому +1

    Excellent😃🌈🤙

  • @lvteachme973
    @lvteachme973 5 років тому

    New subscriber. You're informative and funny!

  • @chriss4365
    @chriss4365 10 днів тому

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

  • @zainabalghazaly628
    @zainabalghazaly628 11 місяців тому

    Registered PM

  • @marvondgeneral8736
    @marvondgeneral8736 4 роки тому

    do property managers get you tenants?

  • @DayhawkinDark
    @DayhawkinDark 5 років тому +76

    You have something in your hair....

  • @prawnstar502
    @prawnstar502 2 роки тому

    Sounds expensive.. they take all your profits

  • @roberthillis-qj8er
    @roberthillis-qj8er 3 місяці тому

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

  • @lvteachme973
    @lvteachme973 5 років тому

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

  • @FransecCambo
    @FransecCambo 4 роки тому

    Woop there it is!

  • @mahmoudfathy7904
    @mahmoudfathy7904 3 роки тому

    So beautiful

  • @tropicalwaves777
    @tropicalwaves777 2 роки тому

    🍹🍹🍹

  • @forkthepork
    @forkthepork 2 роки тому +2

    You have a little speck of something in your hair.

  • @ButterflyAboveTheCloudsMusic
    @ButterflyAboveTheCloudsMusic 3 роки тому

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

  • @cc950
    @cc950 5 років тому

    blah blah? More blah blah???

  • @dondotta7393
    @dondotta7393 3 роки тому

    Great video.

  • @c7eye
    @c7eye 2 роки тому

    Great video