A good PROPERTY MANAGER will drive NOI, value and profit (Episode 19)

Summary In this solo episode, Chris J Luna discusses the importance of not dwelling on past vulnerabilities and focusing on personal growth. He then dives into the topic of making money in real estate investing, specifically through property management. Chris explains the significance of property management in maximizing net operating income (NOI) and increasing property valuation. He emphasizes the importance of starting in your own backyard and gradually expanding into new markets. Chris also shares his experience with pursuing deals in Cincinnati and highlights the need for perseverance and commitment in the real estate investing game. Keywords real estate investing, property management, net operating income, valuation, starting in your backyard, expanding into new markets, perseverance, commitment Takeaways Don't ruminate on past vulnerabilities and focus on personal growth Property management is crucial in maximizing net operating income (NOI) and increasing property valuation Start in your own backyard and gradually expand into new markets Perseverance and commitment are key in the real estate investing game Sound Bites "Life's gonna knock us down. You're gonna go through some stuff. You're gonna get hit. You gotta get back up." "I'm transitioning out of that last season of my life... I'm feeling much lighter." "Every dollar counts because you're really trying to increase NOI." Chapters 00:00 Introduction 03:03 The Importance of Property Management 09:14 Maximizing Net Operating Income (NOI) 13:51 Starting in Your Backyard 28:53 Conclusion Need a property manager? DM me on instagram @chrisj.luna and lets chat! Learn to develop ADU's today: https://www.backyardbillionaire.com/ Join our 87 members over at the Backyard Community on Skool: https://www.skool.com/backyardcommunity/about