Real Estate Insight | InTouch Podcast #30
Hosts: Jerre Walker, Andrew Michael Arroyo, & Gary Giffin
While often overshadowed by sales, property management is a powerful yet underutilized avenue in real estate that offers consistent income and long-term career growth. In our latest episode, Jerre Walker, a property manager with nearly 20 years of experience, shares how this niche can become a reliable revenue stream for real estate professionals.
More Than Just Rent Collection
Property management goes far beyond collecting rent. It requires knowledge of tenant laws, efficient property oversight, and strong communication with both landlords and tenants. According to Jerre, once you’ve built a solid client base, the income can become dependable—unlike the ups and downs of sales commissions.
Mentorship Over Going Solo
For agents considering a move into property management, Jerre advises partnering with an experienced manager. Mentorship helps avoid common mistakes and legal risks. Taking it on solo—especially without proper training—can compromise service quality and lead to costly issues.
Understanding the Fee Structure
A major takeaway from the episode is clarity on management fees. Jerre breaks down the typical charges: 6–8% of monthly rent, plus leasing and administrative fees. Knowing these numbers helps investors and property owners make smarter financial decisions.
What’s Ahead in Part Two
Next episode, Jerre dives deeper into becoming a property manager—covering potential earnings and how to scale your business to manage multiple units. It’s a must-hear for any real estate professional ready to grow their skillset.
Property management offers real estate professionals a path to consistent income and long-term success. With the right mentorship and understanding of the business, it can be a fulfilling addition to your career.
Tune in to the full episode to learn more about how property management can elevate your real estate journey!
