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22: How To Interview A Property Manager with Jay Hartley & Mad Money w/ Jim Cramer

22: How To Interview A Property Manager with Jay Hartley & Mad Money w/ Jim Cramer

FromGet Rich Education


22: How To Interview A Property Manager with Jay Hartley & Mad Money w/ Jim Cramer

FromGet Rich Education

ratings:
Length:
47 minutes
Released:
Mar 13, 2015
Format:
Podcast episode

Description

#22: Jay Hartley, Director Of Investments at Classic Property Management in Arlington, TX acquires, leases, and manages property in the Dallas-Fort Worth (DFW) metro. They’re often newer-built brick single-family rental homes. Listen to this week’s show and learn: 03:14  Why Keith lives in Anchorage, Alaska. 06:03  Comparing Memphis, TN and Dallas-Fort Worth, TX real estate investor markets. 08:12  A quick determination of how a property can provide you with monthly cash flow. 13:44  DFW’s “sweet spot” for investment properties is between $130,000 and $170,000. 15:26  How Jay advises you about higher Texas property taxes. 18:15  The character of your tenant and occupancy rate in this market. 27:35  Property Manager interview role-play with Jay Hartley. 32:54  How Classic Property Management screens tenants. 38:26  Classic’s fee structure, monthly reporting, and how they pay you your cash flow. 41:20  Jay wants to interview prospective investors to see if they’re a good fit for Classic. 42:04  Bonus: Listeners continue to be a “fly on the wall” even after the mock interview as Keith & Jay chat off-the-cuff.   Resources mentioned:  www.ClassicPM.com Jay Hartley direct: JayHartley@ClassicPM.com or (817) 640-2064 ext. 1212 www.Narpm.org www.Realtor.org www.TexasRealEstate.com Get a free audiobook & 30-day free trial at AudibleTrial.com/GetRichEducation Join the Facebook Page at Facebook.com/GetRichEducation Now on Twitter! Follow us: @GetRichEd
Released:
Mar 13, 2015
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.