3min chapter

The REtipster Podcast | Real Estate Investing cover image

What No One Tells You About Investing in Parking Lots, Garages and Structures w/ Kevin Bupp

The REtipster Podcast | Real Estate Investing

CHAPTER

The Complexity of Management Companies

The only thing that we really have to asset manage is their responsible for repairs and maintenance. We try to outline a schedule over a five and 10 year span, depending on what the lease states. What we don't want them to do is hand us our asset back in 10 years and being, you know, major disrepair. But other than that, they handle property taxes, property insurance, and any repairs and maintenance that exists in that property.

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