Learn the secrets to hiring and managing a property manager in Lexington.

This class is Module 8 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• A small tweak to your mindset around renting your property that will change all aspects of your property management... for the better... to make it easier, to lower risk, and improve profitability.
• How do you find a quality property manager you can trust to handle your valuable assets?
• Should you go with a one person “mom and pop” superstar as a property manager or a team?
• A warning sign that your property manager will have a hard time being “firm but fair” with your tenants and advocate on your behalf
• A detailed list of property manager interview questions...
• What’s one thing that you should insist your property manager has and why?
• What are typical property manager services offered and what is more unusual, niche offerings that you may (or may not) be able to easily find?
• What are the primary and secondary profit centers and fees charged by property managers?
• What does a typical property manager charge? And, what additional gotcha fees might there be?
• How do you determine their leasing policy? And, what should you insist on?
• What is the property manager’s walkthrough policies and what is recommended?
• How do property managers enforce occupancy limits and how this can save some real estate investors $1,000 per day per person in fees/fines!
• How does a property manager address tenant qualifications for screening? And, a list of questions to ask them to limit risk, reduce vacancies and evictions and improve profitability in your properties.
• How much do property managers charge tenants? And, how does that work with the owners?
• How do property managers deal with maintenance on your properties and how can this be a profit center for them?
• How do property managers deal with service animals, emotional support animals and pets?
• How will your property manager disburse rents collected? When? How frequently?
• When does your property manager start marketing your property for rent to minimize vacancy, maximize rent and reduce risk?
• How do property managers deal with evictions and the fees associated with them?
• How do property managers deal with collections when a tenant can’t pay?
• The ridiculously insane way that some property managers deal with late fees... and what you might do about it.
• How do property managers deal with rent comps before you buy properties and after they’re managing the property?
• What if things don’t work out? How do you exit out of a property management agreement?
• A “gotcha” with hiring a property manager that can cost you upwards of tens of thousands of dollars per property—and a lot more on expensive properties—if you don’t deal with it appropriately.
• How does your property manager add an additional layer of asset protection to real estate investors? And, what else do they do to reduce your risk and liability exposure?
• Plus much more...

Check out the video and additional resources related to Secrets of Hiring and Managing a Property Manager.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Lexington real estate investor podcast? Book a free consultation to discuss.

Learn how to overcome tenant challenges in Lexington.

This class is Module 7 of 46 in a series called Real Estate Investing Secrets.

What do you do when you experience the inevitable tenant challenges like:

• Tenant not paying rent
• Tenant’s check returned for non-sufficient funds
• Tenant makes late payment
• Tenant breaks lease
• Tenant provides partial payment
• Roommates break lease
• Roommate issues/conflicts
• Tenant not maintaining property
• Receive city ordinance violation
• Tenant does not vacate property after lease expires (tenant holdover)
• Bed bugs in property
• Receive HOA violation notice
• Receive noise violation notice
• Tenant dispute with neighbor
• Automobile violation
• Pet violation
• Occupancy violation
• Maintenance request on property
• Disputed damage deposit

Plus much more...

Check out the video and additional resources related to Secrets of Overcoming Tenant Challenges.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Lexington real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to buy and hold real estate investing in Lexington.

This class is Module 6 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of the buy and hold real estate investing strategy? Variations based on down payments? Variations based on property types purchased? Variations of rental duration and niche business models?
• What are the most common ways to finance buy and hold real estate investments? And what are some of the more unusual ways?
• Is buy and hold real estate investing typically an active or passive investment?
• How long do you typically hold buy and hold real estate investments? And, why might you change that?
• How do you typically exit a buy and hold real estate investment? How does your buyer typically finance the purchase when they buy from you?
• Is buy and hold real estate investing typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to invest in buy and hold real estate? What are some of the less common money requirements?
• What credit is required to utilize the buy and hold real estate investing strategy? And, what are some less common credit-related requirements?
• What are the 4 primary skills required for buy and hold real estate investors? And, how does one of those skills vary depending which strategy you’re utilizing.
• Is buy and hold real estate investing actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable—in terms of net worth—is the buy and hold real estate investing strategy? What level of net worth is it typically associated with?
• What is your risk exposure with the buy and hold real estate investing strategy? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money with buy and hold? What amount of money do you make at that interval?
• How does one typically find deals as a buy and hold real estate investor? What are some of the more unusual ways to find deals?
• What do you use to analyze buy and hold real estate investments and where to get a copy of the spreadsheet you need… for free?
• What are the ideal market conditions for the buy and hold real estate investing strategy and what is a challenging market to utilize this strategy in?
• How accessible or available are viable buy and hold real estate deals?
• Can you utilize your retirement money to invest in buy and hold real estate investments?
• Plus much more...

Check out the video and additional resources related to Secrets of Buy and Hold Real Estate Investing.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Lexington real estate investor podcast? Book a free consultation to discuss.