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If you expect your real estate venture to be without difficulties, you will eventually encounter a rude awakening. Like any other business, sometimes things don’t go as planned. Especially as you grow your portfolio, it’s likely that you’ll have a bad experience with a contractor or a property manager.
On this episode of Investing in Real Estate, Ken McElroy is back to share his experience handling business partnerships gone awry. We’ll talk about finding the right teams, what to do when things go wrong, and how to refresh your approach accordingly. Ken has so much invaluable insight into this topic; you won’t want to miss episode 452!
On this episode you’ll learn:
How Ken got his start as a property manager.
The number one takeaway Ken learned in the property management business.
How to find a trustworthy contractor.
Why credit is important when assembling your team.
The biggest red flags most investors overlook.
Why referrals are important in the real estate business.
How to find the right property management company.
The most critical piece of partnership.
And much more!
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.