First there were properties. Then there were owners of those properties. Those owners wanted to make money from their properties. They rented the properties out and became landlords...
Then landlords started having management headaches. Or they wanted to expand their business, and they needed help. That led to property managers. And property management companies.
Property managers are very common these days. A very large percentage of commercial properties is run by property managers. Same with residential properties. Especially after all those hedge funds bought up every rental property in sight.
Sometimes it is difficult to find a really good property manager. When you do though, that person can really make your life a whole lot better.
The same trend is starting in vacation rentals. First there were homes owned by homeowners. Those homeowners:
- Went on vacation
- Were snowbirds
- Had a vacation home
- Had a spare room or two because…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.