Why Our Property Management Company Doesn't Make A Profit

For today’s episode, we're going to discuss why the property management company is in the red.

This is actually kind of embarrassing. It's a fact our property management company does not make money. It doesn't turn a profit. We have. never, made a profit, we have never made any money on it and we have tried.

We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.

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Tweetable Quotes:

"You guys are doing the management too. Well, isn't that a conflict of interest? Like, aren't you guys going to overcharge on this?" - Dan Kreuger

“We're equity holders in these deals, too. And so we're on the same page as the investors” - Dan Kreuger

"Resources and property management at its core is you get all the jobs that nobody really wants to do, all the thankless jobs, all the headaches without the upside" - Anthony Vicino

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