🛑 STOP PAYING! Is Your Property Manager Stealing Your Money? · 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗔𝗜

Rene G

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Nov 13 (edited) • General discussion

🛑 STOP PAYING! Is Your Property Manager Stealing Your Money?

Landlords,

Is your property manager earning their keep?

⚠️ Most landlords sign their PM contract and then close their eyes. This is a huge mistake.

If you use a PM, get ready to take notes.

Ask yourself: Do I know the answers to the questions below?

If you don't know the answers, your PM could be taking your money and doing a crappy job. Let me see if I can prove why you need to take back control and self-manage your rentals better!

🔥 Your Easy PM Check: Questions to Ask

This list is your simple check-up. Use it to see if your PM is good or bad. When you are done, you will see why running your rentals yourself is the only way to make the most money.

Part 1: Who Is the PM Company? (Check for Danger)

These questions show if the PM is strong or weak.

Boss: How long have they been in business? Do they even have their own rentals properties?
Focus: Do they only do rentals, or do they sell houses too? (Selling means they're not focused on you)
Money: Are they a real company or just one person working solo under the radar? (Check ratings!)
Style: Does the PM get paid for turnover? Do they even try to keep good renters long-term?
Team: If the main person gets sick or quits, of retires, what happens then?

Part 2: Hidden Fees (Where Your Money Goes)

Watch out! Your fees are much bigger than you think.

Repairs. Do they charge extra money when they hire out work? (They shouldn't markup your repairs!)
Online Name: What do people say about them online? (Check past clients, Google, and Yelp!)
Fees: Tell me all the fees: fee for management, fee when the house is empty, fee for new renters.
Reserve: Do you have to keep a lot of extra money parked with them? Why, and for how long?
Results: How many homes do they keep full? What percent of renters stay for another year?

Part 3: How They Work (Are They Cutting Corners?)

Make sure they are safe and following the rules for your property.

Renter Check: What are the rules for checking a new renter? (Ask for the full list.)
Evictions: Do they kick out bad renters a lot? Who pays the lawyer for this?
Rent Price: How do they pick the right rent price? Do they just guess?
Leases: Is the rental lease updated every year to follow the newest laws?
Fixes: How do they decide if a repair needs a handyman or a real licensed contractor?
Tours: Can I see a rental house they are trying to rent right now?

Part 4: Talking & Money Reports (Get Control Back)

If you can't see your money and get help fast, you have a problem.

Reports: What software do they use? Can I look at my money reports any time I want?
Help: Who is my one person to call? Is that person available for a real emergency 24/7?
Feedback: What do other landlords say is the worst thing about them? (Ask for references!)

🚀 Final Call: Stop Paying the PM Tax

If you didn't know the answer to even a few of those questions, your money is at risk.

You do not need a PM.

Simple, easy systems can run 10 houses easy: screening is the hardest thing you have to learn, tech and AI makes the rest simple to run remotely, even if you're nearby. Keeping good tenants and turning them into long-term residents is the goal. I can show you the way!

👑 Join Our Landlord Legends Community → LandlordSkool.com

If you think what I'm saying is half true, come see for yourself—join, it’s free!

4Δ 𝓡𝓮𝓷𝓮 💪

The Forever Landlord

PS - Stop paying the PM tax. Join the free community now!

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