Short excerpt from a YouTube video ("Avoiding disappointments") in which the speaker advises property managers to select only high-quality properties to avoid disappointing owners; the speaker states they reject most property proposals, preferring to turn away poor fits rather than promise unrealistic returns.
About 95–99% of properties.
You know it isn't going to work for guests because all you're going to do after a few months is have a disappointed client property owner who's going to be coming saying, where's my money? Why are we not making any money? You should have told me that this wasn't right. Always go for the best property you can get. If you do a good job, property owners will come to you and say, got this property? How much money can you make? Me and us as a management company, I turn away probably about 95, 99% of properties that people bring us.
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