Ep46: Possible Dangers Associated in Hiring a Property Manager - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5 • 957 Ratings

🗓️ 24 December 2020

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

You may realize what a difficult task you have if you are managing your rental properties on your own as the owner. Because of this, considering having a Property Manager is always a great option to run things easier. While there's a lot of benefits that you can get especially if you are owning multiple properties, there are still problems and possible danger that you may encounter. It's not bad to admit you made a mistake if you encounter these problems and you can do better if you learn from them.

In this episode, Marco and his co-hosts talk about the importance of choosing the right Property Managers to keep your property protected.

WHAT YOU’LL LEARN FROM THIS EPISODE

Dealing with problems that you may encounter in managing Property Managers
Why screening and interviewing Property Managers is not enough to guarantee the safety of your assets?
Importance of conducting a background check investigation and checking references for hired Property Managers
Learning from your mistakes in the past to effectively hire the right Property Managers in the future
Having ownership and better practices on management
Importance of having an audit, processes, and controls when you are owning and managing a lodge or hotel
Having a positive thinking and proper mindset in dealing with problems managing a property

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

CONNECT WITH US

Email: [email protected]
Website: https://marcokozlowski.com
Facebook: https://www.facebook.com/realmarcokozlowski/
Instagram: https://www.instagram.com/marco.kozlowski/

Transcript

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0:00.0	Welcome to the big fat real estate checks podcast with Marco Kuzlowski
0:07.0	where we help investors like you get the knowledge and skills you need to replace your
0:11.4	J-O-B with passive cash flow for life.
0:15.0	Hey everyone, welcome to hopefully a very exciting podcast.
0:21.0	Today we're going to discuss my problems with a property that I had
0:26.1	very recently up in New York State in the Adirondacks, I have a ski lodge up there
0:30.9	and shit hit the fan and it always does in the worst possible time at the worst
0:37.5	possible moment and we are going to discuss the trying tales of what just happened to me within the last week and it's been
0:45.3	extremely trying it would actually sucked up a whole week of mine and some of the fun
0:50.6	and trials and tribulations of owning hotels, real estate in general and the things that can go wrong.
0:56.4	Now of course we have tons of systems in place for things that could go wrong and we have checks and balances for that but some things do fall through cracks and
1:06.8	Interesting things can happen we're gonna discuss that and of course today I'm joined with my two compadres
1:12.0	Frank Galutio and Gabriel Adaiish.
1:15.0	And I'm excited to actually tell them the tale
1:18.0	because I haven't told them much at all
1:21.0	saving it for this podcast so you guys can all hear what's going on at the same time.
1:25.6	They know something happened, they know there was trauma, they know there was a lot of
1:29.0	crap going on, but man it was hard, it was quite hard.
1:33.2	And of course if you have not liked and loved this podcast
1:36.3	or started following it and downloading it
1:38.1	on a regular basis, please do.
1:40.0	Make sure you go back to the very beginning
	...

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