Os 5 erros que eu cometi nas Kitnets
The 5 Biggest Mistakes I Made Building My Rental Properties
In this video, the speaker discusses the five biggest mistakes he made while building his rental properties and how to avoid them.
Choosing the Wrong Team
- The speaker's biggest mistake was not choosing the right people to work with.
- He didn't know how much each worker produced per hour or day, which led to wasted money and time.
- He recommends researching workers' previous projects and experiences before hiring them.
- It's important to have a team that you can trust and rely on.
Not Knowing Enough About Construction
- The speaker admits that he didn't know enough about construction when he started building his rental properties.
- This led to mistakes such as using poor quality materials and not understanding electrical wiring.
- He recommends doing research and learning as much as possible before starting a construction project.
Not Having a Plan
- The speaker did not have a clear plan when he started building his rental properties.
- This led to mistakes such as having uneven floors and poorly placed electrical outlets.
- He recommends creating a detailed plan before starting any construction project.
Not Understanding Costs
- The speaker did not understand the costs associated with building his rental properties.
- This led to wasted money on poor quality materials and unnecessary expenses.
- He recommends doing research on material costs and understanding labor costs before starting any construction project.
Rushing the Project
- The speaker rushed through some parts of his construction projects, which led to mistakes such as uneven flooring and poorly placed electrical outlets.
- He recommends taking your time with each step of the process in order to ensure that everything is done correctly.
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Professionalizing the Management of Compact Properties
In this section, the speaker discusses how her business aims to professionalize the management of compact properties and empower ordinary people to become property managers.
The Pillars of Property Management
- The speaker teaches her method of property management, which involves increasing demand for properties and selecting tenants more effectively.
- Communication is a key pillar in property management. The way one communicates their business can make or break it.
- Marketing is another important aspect of property management. One must learn to highlight the positive aspects of their properties while acknowledging any challenges they may face.
- The speaker gives an example of how she marketed a cheaply constructed building by emphasizing its natural surroundings and potential.
Overcoming Challenges in Property Management
- Transportation can be a challenge for tenants living in remote areas. However, with proper organization and communication, these challenges can be overcome.
- Being organized and punctual can help attract the right tenants who appreciate professionalism.
- Highlighting unique features and addressing concerns through effective communication can help attract interested parties while filtering out those who are not a good fit.
Promoting Success in Property Management
- Learning from mistakes is crucial in promoting success. By avoiding past errors, one can avoid future pitfalls.
- The speaker emphasizes that anyone can learn to market their properties effectively with practice and guidance.
- Creating waiting lists for desirable properties is an effective way to increase demand and select better tenants.
Black Friday Promotion
- A black friday promotion is being offered for the speaker's property management training course, which aims to help individuals start and grow their own property management businesses.
Introduction
The speaker introduces the video and encourages viewers to join a class to start 2022 stronger.
Joining a Class
- The speaker encourages viewers to join a class.
- By joining the class, viewers can end 2021 strong and start 2022 even stronger.
Music
There is music playing in this section. No information is provided.