22: How To Interview A Property Manager with Jay Hartley & Mad Money w/ Jim Cramer

#22: Jay Hartley, Director Of Investments at Classic Property Management in Arlington, TX acquires, leases, and manages property in the Dallas-Fort Worth (DFW) metro. They're often newer-built brick single-family rental homes. Listen to this week's show and learn: 03:14  Why Keith lives in Anchorage, Alaska. 06:03  Comparing Memphis, TN and Dallas-Fort Worth, TX real estate investor markets. 08:12  A quick determination of how a property can provide you with monthly cash flow. 13:44  DFW's "sweet spot" for investment properties is between $130,000 and $170,000. 15:26  How Jay advises you about higher Texas property taxes. 18:15  The character of your tenant and occupancy rate in this market. 27:35  Property Manager interview role-play with Jay Hartley. 32:54  How Classic Property Management screens tenants. 38:26  Classic's fee structure, monthly reporting, and how they pay you your cash flow. 41:20  Jay wants to interview prospective investors to see if they're a good fit for Classic. 42:04  Bonus: Listeners continue to be a "fly on the wall" even after the mock interview as Keith & Jay chat off-the-cuff.   Resources mentioned:  www.ClassicPM.com Jay Hartley direct: [email protected] or (817) 640-2064 ext. 1212 www.Narpm.org www.Realtor.org www.TexasRealEstate.com Get a free audiobook & 30-day free trial at AudibleTrial.com/GetRichEducation Join the Facebook Page at Facebook.com/GetRichEducation Now on Twitter! Follow us: @GetRichEd