Hey ladies! 👋 Just a reminder of the homework from our last call. The goal is to do a little research on what property management companies are charging in your local market so you can better understand how your pricing compares. Your homework is to research these 3 things: 1. Monthly Property Management Fee – What percentage or flat fee are property managers charging each month in your area ? 2. Leasing Fee – What are companies charging to find, screen, and place a new tenant? Is it a flat fee, percentage of one month’s rent, or a full month’s rent? 3. Maintenance Markup/Upcharge – Are property management companies in your area adding a markup or coordination fee to maintenance and vendor invoices? If so, how much? 💡 Bonus: Pay attention to any other fees you see—lease renewal fees, inspection fees, setup/onboarding fees, late-fee splits, etc. Come to our next call ready to share what you found! This will help us see what’s considered normal and competitive in different markets and make sure we’re not leaving money on the table. Drop your city/state and anything interesting you find in the comments! 👇 Build Doors. Build Income. Build Freedom. 🏡💰

I was driving through my neighborhood today and spotted this “FOR RENT” sign in the yard. And it got me thinking… If you’re trying to grow your property management portfolio, would you call the number on this sign? 📞 The property appears to be For Rent By Owner, which could mean the owner is currently handling everything themselves—marketing, showings, applications, tenant screening, leases, maintenance, rent collection, and everything else that comes with being a landlord. Could this be an opportunity to simply introduce yourself and say: 🏡 “I noticed your home is available for rent. Are you planning to manage the property yourself, or would you be open to hearing how professional property management could help?” No hard sell. Just a conversation. 💭 LET’S TALK ABOUT IT! Would you call this number? A. Absolutely! That’s a potential door. 📞 B. Maybe—but I’d research the property/owner first. 🔎 C. Nope. I wouldn’t cold call an owner from a yard sign. D. I’d approach it differently—I’ll explain below. 👇 And if you would call, what would your opening line be? Drop your answer in the comments! I want to hear how everyone would approach this lead. 💡 Remember: Sometimes your next property management client isn’t sitting in your inbox—they’re sitting behind a FOR RENT sign you drive past every day. Build Doors. Build Income. Build Freedom. 🏡

First I would like to give a big THANK YOU!!! to Lexi, great group and you're doing an awesome job! Any managers in Florida or Alabama? Curious on all the licensing needed and cost to get start. I am aware of needing a Real Estate License, but it there more needed? Really thinking of changing focus from insurance sales to property management. Plus this will give me a new skill set for Multifamily investing too. Time to change my TARGET and focus on a bullseye of success. Thank you all, I am enjoy this group and learning. Jim A.