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2192: Beyond the Property Manager: Empowering Yourself as a Landlord
Manage episode 433017356 series 3563509
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In today's episode you can listen in on Jason's Empowered Investor meeting about self-managing your own properties, especially its risks and rewards.
Self-managing your rental property can offer significant benefits. By taking on this role, landlords can potentially save money on property management fees, which often account for a substantial portion of rental income. Moreover, self-management provides greater control over property operations, allowing owners to directly select tenants, oversee maintenance, and make decisions that align with their investment goals. This hands-on approach can foster stronger landlord-tenant relationships and often leads to quicker resolutions for property issues.
While self-management requires time and effort, it empowers landlords to maximize their rental property's potential and avoid potential conflicts of interest associated with property management companies.
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Key Takeaways:
Jason's editorial
1:19 Becoming a global citizen
5:00 Flag theory
8:07 Be an Empowered Investor Pro members today. https://empoweredinvestor.com/
Self-Management Empowered Investor Pro meeting
8:27 Carrie's transition to Self-management and empowerment
17:01 Making some money with applications
18:34 A terrible client
22:20 Direct deposit or use a gateway
26:00 The Golden Rule
30:36 DIY when hiring contractors
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