In this episode of the Real Estate Right Now podcast, I share my personal journey through the challenging world of property management within a real estate brokerage. From grappling with maintenance nightmares to the grueling process of evictions, I break down why I decided that property management wasn’t the right fit for my real estate brokerage. Learn about the daunting challenges that come with handling problematic tenants and why focusing on core activities like buying and selling properties can be more beneficial, especially for brokerages with limited resources. Despite the promise of profit, the time commitment and hassle of property management led me to steer clear of it. I shed light on the potential income opportunities for those equipped with robust systems, but emphasize why it wasn’t worth the cost for my business.
