Creating Wealth Real Estate Investing With Jason Hartman

2079 FBF: 4 Options For Property Management, Client Case Study Muthiah Nachiappan

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Synopsis

This Flashback Friday is from episode 791, published last Feb 14, 2017. Jason welcomes Muthiah Nachiappan to the show. Muthiah is a client with 9 properties and an avid property management contract reader. He discusses his self-designed Property Management Survey, the garbage fees most property owners pay but don’t question and how he became interested in income properties. For property owners, Jason shares 4 options for property management and then the 3 options property management companies have if they want to stay in business and service their customers. Key Takeaways: 2:57 Property Management contracts always favor the person who is drafting them. 4:19 Jason wants to disrupt the property management business through self-management, a la carte services and flat fee property management. 7:51 How Muthiah get interested in income properties. 11:54 Muthiah explains his Property Management Survey. 16:27] A flat fee system gives the property manager an agreed upon percentage of any money that comes in. 21:56 Th