#doorgrowshow - Property Management Growth

Nobody knows the rental market better than a property manager, and nobody better than a property manager who does real estate knows how to help real estate investors. Today, I am talking with Sam Kwak about real estate investing as a property manager. Sam’s philosophy is: I don’t manage anything that I don’t own. He prefers to buy properties and manage them or at least understand how the business works. You'll Learn... [03:35] People who don’t necessarily have anything in terms of wealth can become real estate investors, buy properties, and rent them to create income. [05:25] As a partner, Sam is part of the everyday operation of property management; he’s in the office, sees what’s going on, and does consulting and advising. [05:58] Property managers need to understand their numbers, cash flow aspects, possible expenses, macroeconomics, microeconomics, and the market. [06:35] Property managers have a better understanding of where to invest; if they understand the market, they know what to buy to have a health