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Podcast: Get Rich Education
Episode: Property Manager Expectations & Mistakes To Avoid, Houston Market
Description: #225: Learn what manager fees you should pay & not pay. The "glue" that binds you & your profitable property together is your Property Manager (PM). Higher PM fees might be better or worse for you - it depends on what duties they perform. You pay both a Management Fee and a Leasing Fee. If there's an activity that you DON'T want to do with your property, then make sure your PM will do it as stated in your Management Agreement. What should Managers DO? Collect rent, find tenants, market vacant property...