The Headache of Managing a Property #35
Kim Kiyosaki — the wife of Robert Kiyosaki, the best-selling author of the book Rich Dad Poor Dad — once told the story of a tenant she had who had not paid the rent for 4 months. She tried to understand his financial situation for 4 months but finally got tired and went to the apartment to put him out.
When she arrived, it was a bit of a struggle because it was Christmas time and the guy, a muscled man, was asking for more time again using the same stories. But Kim came with Robert this time and they managed to put the tenant out. When they got to court for the tenant to pay what he owed her, the judge was even amazed that she had been patient that long!
They wanted to expand their business but due to the headaches of having to manage the properties, Kim and Robert decided to work with a property manager. One night, she got a phone call from the property manager, telling her that one of their tenants wanted to move out of their fully furnished apartment with some of their furniture lol. She then had to work up in the middle of the night to fix it.
A lot of people say that getting into the real estate business is hard because you need money to buy a property, and sometimes even when you have the money, you still have to find the right property in order to not buy something you will later regret bitterly.
Even though that’s true, people who are in the real estate business know that the hardest part in this business is not to get the property, but to mange it successfully to make it profitable. A lot of people have properties but don’t understand how they are spending more than they make. Between the maintenance of the place, the taxes and salary of the employees, you can easily find yourself with little to no money left.
To reduce costs, some go the root of managing their properties themselves. Well, that only works if you don’t have a lot of them to manage. If you think of getting big in this business and own a lot of land, you need to delegate the management part, to focus on the acquisition one.
I know some prefer to do the management themselves because they want to know what’s happening in the business in real time, instead of always asking for feedback to someone else. After all, if you do the whole management, you will directly know whatever is going on in the business right? Well, as we said above, this strategy won’t help you to expand your business because as good a manager as you are, there is a limit in the number of your properties you can successfully manage to make them all profitable.
nAcomoda solves that problem for you. The system allows you to get instant feedback on whatever is happening in your business in real time, wherever you are, just with a few clicks of buttons. This also helps your property managers to focus on what you hired them for, which is to manage the properties, and not to spend their days giving you feedback. Which will inevitably result in more productivity, and more cash in the bank!
The world-class system is designed to ease the expansion of your business, allowing you to manage as many properties of different types as you want around the world. It also has so many property management features, that your property managers will thank you for making them even more efficient than they already are.
All you have to do is to create your company on nacomoda.com and voilà!
Go ahead, try it out. You have a 100-day FREE trial period so, you have plenty of time to decide by yourself if the system makes your busy life easier. Don’t worry, there is no contract. That’s how confident we are in the quality of the system😊.
