Should your first real estate investment be self-managed, or should you be hiring professional property management? AD the Fly Realtor and his boy Joey Garba are arm wrestling again, debating the pros and cons of outsourcing your first property deal to professional management.

AD gets the ball rolling, hitting home hard about time freedom and how the 8% to 12% that you end up spending on management is worth it in the long run so that you can get your hustle on elsewhere. He’s also talking about how you get to tap into those relationships that the management companies have with maintenance guys, and how you can take advantage of that. 

For Joey, that money that you’re giving away is better to keep for yourself as you learn about your property by immersing yourself in everything from the lease agreement to the work that needs to be done on-site. 

As usual with these guys, this is a super fun way to learn about real estate while watching two best friends battle it out with their pretend beef. As you plot what’s best for you, the advice is solid: Be Realistic!

“I highly, highly suggest that you first self-manage... Why? A couple of reasons: one, you save 8% to 12% of the cash that’s coming your way!” ~ Joey Garba

In This Episode:

- How much do management companies usually charge?

- How to take advantage of the relationship that property management companies have with suppliers

- The importance of knowing every responsibility within the business

- Do property managers do what they feel like when they take control of your property?

- How to immerse yourself in your business and get increased knowledge on your first investment

And more!

- Contact Uncommon - https://www.instagram.com/uncommonestateofmind/

[email protected]

Connect with Joey Garba:

- Instagram - https://www.instagram.com/mrjmaze/

Connect with Ademola Dawodu:

- Instagram - https://www.instagram.com/adtheflyrealtor/

- Personal -https://linktr.ee/adtherealtor

- TMG Investment Real Estate -https://tmginvestments.com/