In this episode of The Nick Huber Show, I want to talk about property management. This isn’t necessarily real estate for beginners, but with that being said, it is something that you need to keep in mind when asking yourself “how to get started in real estate.” It is misunderstood by so many folks, especially beginners, that when looking at a property listing that's for sale on LoopNet or through another local broker, the first thing you go to is how it's underwritten - the little details line by line. You look for an answering service, any employees who stop in to check on your facility, etc. That is often what happens when it comes to property management. Now if I’m being completely honest, I recommend starting out with you being that part-time employee, and you being that answering service, and as you grow, you learn how to hire the right kind of employees. As you build out your real estate portfolio, naturally you’ll learn the importance of property management.

 

Find out more on this episode the X factor in real estate!

 

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Show notes: https://sweatystartup.com/the-nick-huber-show/

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