What No One Will Tell You About Income Property

What No One Will Tell You About Income Property


Did you know that real estate investing is
the final frontier where the average American has a legit chance to create financial freedom? My name is Mercedes Torres. I’m the turn-key girl, and I help busy professionals
create passive income through real estate investing so they can retire even sooner. Everyone always thinks that real estate is
all about that one property. Let me tell you, you can find the best property
on the block, the prettiest, the one that’s the newest, more square footage, more bed
and bath count, more everything, but at the end of the day, it’s not about the property
itself. It’s about the team on the ground that is
going to help your property perform. It will make or break your investment. What is it, you ask? Property management. If you don’t have the right property management
team in your corner, forget about it. That pretty house, it won’t produce a cash-on-cash
return for you. Take it from me. Matt and I started creating our real estate
portfolio. Living in one state and buying properties
in another because the numbers made sense. And at the end of the day, what we learned,
it was all about the property management team on the ground that got your property to perform. So I’m going to share with you two tips that
have made all the difference in the world in our portfolio. Tip number one, make sure that your property
manager fully understands being a real estate investor. All of our property managers are real estate
investors themselves, so they fully understand the importance of not only taking care of
the tenant, but taking care of you, the investor. So tip number two, always diversify your property
management team. What does that mean? If you have one or two properties, it’s great
to have a team on standby, but as your portfolio starts to grow, you want to be able to have
multiple property management teams on the ground and let each property management team
know about each other. You’re not creating competition, you’re just
making them aware that you don’t have all your eggs in one basket. So all of your properties will perform optimally
because your property manager won’t want to lose your business. If you want more tips like this, I share them
every week on Turn-key Tuesdays. Tune in to Epic Real Estate Investing podcast
where I dive into all of the secrets that Matt and I have used throughout the years
to build our real estate portfolio. Catch you on the inside.

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