However, we do have to find a good property management company. So, here are my seven signs of a good property management company.

1. Willing to negotiate. If you’re getting the slick marketing package and the blanket 10% management fee, you need to have a conversation about lowering that rate. Don’t let them tell it’s non-negotiable. Everything is negotiable. If they won’t budge, move on.
2. Marketing included. If a property manager doesn’t do this, I’d say walk the other way. They are there to keep rents coming in, the building(s) in shape and the tenants happy. Part of that rents coming in is keeping the space rented. Also, don’t let them charge you an occupancy fee. It’s your property.
3. Good communication. You’ll know whether a property manager is good from the first phone call or email response. A good property manager will give you information in a timely manner through multiple channels. I wouldn’t work with someone who doesn’t really do email. Next, please.
4. Reasonable, reliable maintenance. Maintenance can be a money pit. While you want your tenants happy and your properties to look nice, you’re in this to maximize cash flow. Your property manager should have an affordable crew or contractor to handle maintenance. You should also have an agreed upon (in the contract) amount of discretion for repairs. Over $150 is a good number to follow.
5. Experience with your niche property. You will most likely specialize in one or two types of properties. It’s a good idea to find a property management company with experience managing your specific properties. For instance, I’d steer clear of a property manager that has only handled single family homes when you’re looking for someone to manage an apartment complex.
6. Monthly statements. You don’t want to wait three months to find out your monthly cash flow took a big dip. Ask this question up front and move on if they won’t comply.
7. A range of services. The reason to pay for a property management company is so you don’t have to collect rent, chase tenants and change air filters. Your property management company should cater to you and offer you a wide range of services at a fair cost. If you don’t get that vibe, move on.

Stay tuned to the blog this month for more on property management. Don’t miss a post. Sign up for email updates.

And, so am I. That’s why I listened to him. I’m currently only investing in commercial real estate property because this is THE BEST time to invest in it – in a down economy, with highest-ever fuel prices and a flooded residential real estate market.

Want to know why the residential market is on the back burner for investors like me and the acclaimed Buffet? It’s too much work and not enough returns.

That’s why I went commercial. I don’t want to work. I want to bang on the drum all day because I can.

Commercial real estate investing offers exponentially increased profits, opportunities, creativity and professionalism.

I’ve made a career out of finding alternative ways to invest in real estate, and frankly, commercial investing is easier to master – if you know the right methods. Here’s how I’ve grown my business from DIY to pie in the sky:

I’ve established lease options for my commercial income, multi-family properties. Here’s how I’ve grown my business from DIY to pie in the sky.

Master Lease Options

A lease option is simply a purchase contract between a landlord and tenant. The tenant usually pays above-market rent to get credit toward a down payment. Then, there’s the sandwich lease option. This where you’re the lessee and “option” it to a sub-lessee. Did you ever do anything like this in college for your apartment over the summer?

Got the lease option process down? Now, let’s talk about the master lease option on a commercial property. What I’m doing is leasing a multi-family or multi-office space and sub leasing it to multiple tenants. I carry the master lease and collect a higher rent that you’re paying from the sub-lessees. That’s how I profit in my flip-flops. Want to learn more about my master lease option method? Visit MasterLeaseOptionMethod.com for three free videos.

You’ll learn:

* What is a master lease option?
* My Famous RAMLO Secret
*Tons more

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Dustin is a real-life real estate investor in Columbus, Ohio and he spends about an hour taking us through his history, strategies, techniques, tips and tricks!

Like what you see? Elite Members get this and a whole lot more! Become an Elite Member right now. Click here for details.

I don’t want you to miss out especially since he is giving away FREE blueprints and a full blown quick start training to these methods. All free tonight, Sunday at 8pm EST.

Missed the webinar? Get FREE master lease option video training by ME here:

MasterLeaseOptionMethod.com