Special guest Wonder Woman, also known as Jackie Skein has jumped into the shark cage with Hosts Sammy Gordon & Jimmy Ibrahim to tackle one of the hottest topics in real estate, Property Management.
In today's episode, we will get in-depth knowledge on how to form great relationships with property managers, how to select a great PM for your properties and some incredible stories from the team which will give you some great insight on what not to do.
If you have questions for Jackie or the Scouting Australia Podcast team then send it in to apsteam@australianpropertyscout.com.au
Intro guest - [31:00]
Jackie how do you pick it - [01:37]
People are experts at different things - [02:59]
There are no kickbacks - [03:58]
Jackie give us your background - [4:40]
Jackie's level of service - [08:09]
Why do property managers hate this conversation - [09:40]
What is your ideal amount - [10:48]
Your days are numbered - Jimmy - [11:24]
Something Jackie noticed property managers didn't have - [12:20]
The incentive - [14:45]
Do certain property managers get kickbacks - [16: 38]
Jackie's story
The common problem
Jimmy's fugazi forms - [20:45]
Do you get any kickbacks - [ 21:18]
Be mindful of realistic prices
Are we being too hard
What answer do you want to look for - [24:10]
CMA's
How a property manager will reveal how good they are
What's your process around lease renewals
Management fees - [31:00]
Understand costs
Dusty pockets
Cheapest rate... you're gonna get burned - [36:34]
Throwing some heat - [38:00]
Are there people in the industry trying to take advantage of you - [40:33]
The flat fee
Don't get caught out on the additionals
The resident upgrade
The big push in the industry - [43:47]
Average days on market - [45:30]
The fine line - [47:51]
How do you manage granny deals & teething issues - [50:13]
Important to have a good relationship and bond - [53:54]
Give us a horror story Jackie [55:24]
NRAS story - [57:05]
Sammy's got one - [58:48]
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