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Cost Concerns Associated with Property Management
Episode 7929th June 2024 • WeAreTPM • Teixeira Property Management LLC
00:00:00 00:36:17

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In this episode, John and Kyle dive deep into the cost concerns associated with

property management. Building on last week's discussion on DIY property

management, this episode addresses the statement, "Is professional property

management worth the cost?" The hosts provide empirical data and expert insights to

back their discussion, offering a detailed examination of property management fees,

rental income optimization, occupancy rates, eviction costs, and maintenance

efficiency.

Professional property management often seems like an added expense to property

owners, but Kyle and John make a compelling case for why it pays off in the long run.

The hosts also explore the nuances of handling evictions, highlighting how property

managers can mitigate costs more effectively than landlords due to their expertise and

established legal processes.

Quotes:

• ”The bottom line is, hiring a property manager should make you more money after

you pay them these fees.” ~John

• "You should be getting bulk pricing or non-retail prices from a good property manager

because contractors know they're getting constant business from us.” ~John

• "In Seattle, professionally managed properties saw a 12% higher rental income

compared to self-managed properties over a two-year period.” ~Kyle

Listen to We Are TPM on any major podcast platform including Apple Podcasts,

Google Play, Spotify, and many more.

Tune in today!

We Are TPM

Teixeira Property Management

Mansfield, Texas

www.WeAreTPM.com

ShowMeTheMoney@WeAreTPM.com

———————————————————————————

There are a vast amount of ways in today's world to build wealth using real estate and

investing, not just in property, but in yourself!

Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of

Teixeira Property Management bring you all of the knowledge and experience they can

provide for the confidence to achieve your investment goals, or how and why to create

them. Now, while John and Kyle have a ton to share, they will also be bringing you

interviews with some of their clients, industry partners, experienced investors, and

much more every week!

John and Kyle look forward to sharing the knowledge you need about arguably the

greatest investment vehicle that is available to the masses — Real Estate. Knowledge

is power, and John and Kyle intend to give you as much power as possible. It's not

always about the HOW, but also the WHY, and they will be digging into it right here

every week!

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