Is an All County Franchise a good investment for Real Estate Investors and Rental Property Owners?
Is an All County Franchise a good investment for Real Estate Investor?
It is hard to give you a straight ‘yes’ or ‘no’, but if you understand the business model of property management I think you may start to lean more towards ‘yes!’.
If you own your own rental properties then you know the benefits of having an asset that makes money for you in the background.
The problem is that anybody can manage 10 rental properties, but once you get past 10 – well managing 100 gets a little bit more difficult.
But then you get into doing property management as a business and you say, “Okay, if I manage a 100 rental properties I can get X. I don’t have the real estate taxes, I don’t have the insurance. I don’t have the maintenance and upkeep. Now, if I manage a 1,000 of those properties my X becomes an XYZ, it’s a grand slam.”