Ep 108: Management fees and why building a sustainable management company is important
The Nick Huber Show
00:00
The Importance of a Profitable Management Company in Real Estate
This chapter emphasizes the significance of having a profitable management company in real estate and the risks of relying on other income streams. It highlights the importance of investing in talent, making sound decisions, and ensuring the management company can sustain itself during challenging times. The chapter also warns against partnering with sponsors who have failing management companies, as it can result in poor management and potential financial losses.
Transcript
Play full episode
