Skyline Views
Skyline Views
Aug 16, 2020
SV19: Richmond and Property Management w/ Kyle Stephenson
Play • 30 min

For over a decade, KRS Holdings has operated in the Richmond, VA area. It was established to fill a void that the founder, Kyle Stephenson experienced when he was looking for a property manager that met his standards. Mr. Stephenson visits Skyline Views to share his experiences and best practices in property management. This episode is geared toward passive and active investors, and highlights the benefits of both from a management perspective.

 

Key Points:

Inspiration for real estate investing (1:28)

Richmond market trends, employment, and COVID effects (3:22)

Reproduceable systems and algorithms for weathering economic storms (6:34)

Algorithm for choosing tenants (12:25)

Best way to scale as an individual investor (16:15)

Be cautious of the acquisition, and the cost of money (20:20)

When someone should switch from self-management to 3rd party management (23:35)

 

Resources:

https://www.krsholdings.com/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find out here – http://auditmyrealestate.com/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.  

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