PORTFOLIO UPDATE: How your property manager could have hidden costs attached

01 OCT 2018 By Todd Stevens 8 min read Investor Strategy

In this episode of the Smart Property Investment Show, host Phil Tarrant is joined by his buyer’s agent, Right Property Group’s Steve Waters, for another monthly portfolio update and to explain why sometimes as an investor doing nothing is your best approach.

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In what they describe as “an episode about nothing” due to them currently in a maintenance and holding phase, they dive into relationships with property managers and why it is important to set expectations early on with them.

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They share how your property manager might have hidden costs and whether you should allow them a cash buffer for any maintenance issues.

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