Jason Hartman talks with one of his clients, and owner of 9 properties, Muthiah Nachiappan. Muthiah has pored over many property management contracts, and he discusses his self-designed Property Management Survey, fees property managers charge but shouldn’t be paid for, and how he got into income property investing. Jason also gives listeners 4 options for property management, and then discusses the 3 options property management companies have to take advantage of if they want to stay in business.

Key Takeaways:

[2:44] Property Management contracts always skew toward the writer of the contract

[4:06] Jason thinks the property management business is ripe for disruption via things like self-management, a la carte services, and flat fees.

[7:38] Muthiah’s road to income property investing

[11:28] Muthiah’s Property Management Survey.

[16:01] What the flat fee system Jason envisions is

[21:30] 4 property management options the every investor should know

[26:52] A hybrid option for property management needs to be available

[31:21] It’s important that your property management company know that you’re an educated owner who won’t be taken advantage of.

[33:48] Muthiah shares his future investment plans and his retirement objectives.

Website:

www.jasonhartman.com

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