Episode #021 - What your Property Manager DOES NOT DO for your Commercial Real Estate Investment!
On today's episode we have Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over everything your property manager does not do! Today we dive deep on what YOU as an Asset Manager will be doing on the day-to-day for your commercial real estate investments.
Topics discussed:
1. Assuming you've hired a third party property manager there are still things that will need done.
2. Property Taxes and Insurance - Who handles this?
3. Income Taxes and Annual Tax Filing - You will have to have an accountant!!
4. Do you have investors? Someone will have to manage those relationships, send out property updates and distributions!
5. Lawsuits? It could definitely happen!
6. Negotiating Leases and Lease Renewals.