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Why Most Real Estate Investors Fail (And How You Can Succeed)

Why Most Real Estate Investors Fail (And How You Can Succeed)

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 Join John Skabelund as he explores the importance of hiring a property manager for your real estate investments with his guest, owner of RINCON Management, Peter McKenzie. Peter's journey into real estate began not from a corporate office, but through personal experience as a property investor. Frustrated by the challenges of self-managing his rentals, he founded Rincon Property Management in 2014. Show Notes: 00:00 -Intro. 01:22 -Most Common Mistakes Real Estate Investors Make 11:45 -Why Clients Should Hire a Property Manager 16:06 -What Makes a Good Property Manager & Knowing When to Move On 21:02 -Boost Your Cash Flow & Returns with Accessory Dwelling Units (ADUs) 25:30 -Impacts of Palisades Fires on California Real Estate 29:20 -How to Best Handle an Eviction 32:08 -How to Maximize Profits from a Property Management Standpoint 36:23 -Closing statements.

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