No one wants to pay a property manager to run and manage your properties because you have to pay around 10% of rental income to this company for their services. What you can do to get around this is to manage your own until you have more properties than you can manage on your own.
Now get together with other investors in your network and create a company that will manage all your and the other peoples properties. This way the fee that would be paid to the property management company would not be going to other people’s pockets. Plus this way you will end up paying less than 10%.
About Me
- Kernesy
- I am a South African entrepreneur.
After completing a post grad in Entrepreneurship at UJ I decided to gain working experience in one of the world's greatest cities, London. While working there for over two years I learnt invaluable lessons and gained incredible experience.
My mentors coaching paid off when in September 2009 I was selected as London's Outstanding Young Business Person of the Year.
Soon after this achievement I relocated back to South Africa to launch my own business which I am now working to make it into a great success!
The goal at the end of the road - All I desire is to live in the African Bush. I have passed up the opportunity to work as a safari guide to rather take my path where I will buy my own game reserve in South Africa’s Timbavati region.
I will have this in my possession at the age of 31 and in turn for this I will give everything that I can; heart, mind and sole to build towards these successes in life, love and business.
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