Episode 81: He regrets skimming a contract and missing the hidden fees!

This episode features Jonathan Barr of JB2 Investments. He joins True Multifamily to talk about property management and the challenges with unexpected fees on their contract. Jonathan shares to always be thorough on the contracts of your deals, letting your attorney review everything to avoid missing the unexpected fees that you don’t notice until you get your first P&L such as the late fees, processing fees, administration fees, and application fees.

Also, Jonathan shares how he ran into some trouble with a manager when they allowed the property manager too much freedom. He emphasizes the importance of keeping an eye on the big picture while executing on a day to day basis.