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Property Prophets
Welcome to "Property Prophets," the ultimate podcast for real estate enthusiasts and investors. I'm your host, Travis Wells, and I'm thrilled to have you join me every single week as we dive into the world of property profits.
In each episode, we bring on a specialist who excels in a specific area of real estate. Whether it's retail, big commercial properties, luxury real estate, flipping houses, or even land development, we've got you covered. Our guests are true masters of their craft, and they're here to share their expertise, insights, and success stories with you.
But it doesn't stop there. At the end of each podcast, we have a special segment where our mastermind group joins in. This group is filled with avid learners and aspiring investors who bring their real-time, real-life questions for our guests. Together, we create an engaging Q&A session that provides practical knowledge and solutions for everyone.
Join us on "Property Prophets" as we explore the intricacies of the real estate industry and unlock the secrets to property profits. Whether you're a seasoned investor or just starting out, this podcast is designed to inspire, educate, and empower you to achieve your goals in the world of real estate.
So, don't miss out on this incredible opportunity to learn from the best in the business. Tune in to "Property Prophets" and let's embark on this exciting journey together!
Property Prophets
23: Leveraging Property Management with Kevin Patterson
The episode featured Kevin Patterson, CEO of RentSource Corporation, a property management company operating in several states. He emphasized that property management is often overlooked in real estate investments but is a vital aspect of successful property ownership.
Kevin offered advice to investors, suggesting that unless they aspire to own a property management company in the long term, they should outsource property management. Property management should be viewed as a business from the moment a property becomes a rental.
He shared insights on how to find a trustworthy property manager, including checking online reviews and consulting other investors. In property management, it's essential to strike a balance between serving both tenant's and owners' interests, as it involves adherence to various laws.
Furthermore, Kevin discussed the differences in managing multifamily properties and the legal requirements surrounding this area, highlighting that his company handles multifamily properties up to 16 units, beyond which an on-site manager is typically required.
This episode provided valuable insights into property management and the importance of finding the right property manager for real estate investors.
Connect with Kevin:
https://www.facebook.com/kevin.patterson.7146
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