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82 episodes
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WeAreTPM Teixeira Property Management LLC
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- Business
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5.0 • 2 Ratings
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Building wealth through Real Estate!
Bringing you Discussions, Tips, Innovations, Knowledge, Real Estate Investing, and everything in between to share all we can from our years of experience as property managers and in the real estate world as a whole. Providing a new topic for each episode, and interviews from relevant individuals to help spread the knowledge and experience. From a father and son real estate team to a John and Kyle podcast, we strive to serve our audience far and wide by giving them the help and knowledge they need to be successful in their investment goals and family's future. Knowledge is power, and we intend to make you as powerful as you can be!
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Vacancy Rates and Marketing
In this episode, John and Kyle dive into the intricate world of vacancy rates and
marketing in property management. The discussion is part of their ongoing series
aimed at addressing key concerns when selecting a property manager.
Kyle and John emphasize the financial implications of vacancy rates, especially noting
that vacancies can cost homeowners more than any other factor. Leveraging data from
the National Multifamily Housing Council (NMHC) and RealPage, they illustrate how
professionally managed properties benefit from significantly lower vacancy rates—4 to
5% compared to 7 to 8% for self-managed properties. They discuss various strategies
professional property managers use to minimize vacancy rates, including advanced
marketing systems and technology. John and Kyle highlight the role of efficient
processes, online tools, and tenant screening in lowering vacancy rates, thereby
boosting rental income.
Quotes:
"There is nothing more that costs a homeowner money than vacancy days.” ~John
"A good property manager should be making you more money, paying for themselves,
and letting you not have to deal with the property." ~John
"Professional property managers use targeted advertising to achieve a 10-15%
increase in rental inquiries compared to traditional methods." ~Kyle Teixeira
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week! -
Technology and Innovation in Property Management
In this episode, John and Kyle dive into the transformative impact of technology and
innovation in property management. They unravel how advanced property
management software and innovative tools are reshaping the way landlords and
property managers handle rentals. With a unique blend of professional insights and
practical advice, Kyle and John discuss the indispensable role these technologies play
in enhancing efficiency, streamlining rent collection, and bolstering tenant satisfaction.
Kyle and John outline the pivotal benefits of utilizing property management software,
underscoring how automation and digital tools can save significant time and resources
for property managers. Drawing from industry reports and personal experience, they
present a compelling case for adopting modern software solutions to achieve higher
tenant retention rates and increased net operating income (NOI). Listeners will gain a
comprehensive understanding of why integrating technology is not merely
advantageous but essential in today's competitive rental market.
Quotes:
"When you can get past and build a bridge to create that trust in every aspect of that
management process, from rent collections to maintenance and to financial reporting
and all of those things, then it's comfortable.” ~John
"There's still property managers out there using Excel spreadsheets and word
documents like I used to do.” ~John
"You can mitigate that by having really excuse proof payment methods.” ~Kyle
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week! -
Cost Concerns Associated with Property Management
In this episode, John and Kyle dive deep into the cost concerns associated with
property management. Building on last week's discussion on DIY property
management, this episode addresses the statement, "Is professional property
management worth the cost?" The hosts provide empirical data and expert insights to
back their discussion, offering a detailed examination of property management fees,
rental income optimization, occupancy rates, eviction costs, and maintenance
efficiency.
Professional property management often seems like an added expense to property
owners, but Kyle and John make a compelling case for why it pays off in the long run.
The hosts also explore the nuances of handling evictions, highlighting how property
managers can mitigate costs more effectively than landlords due to their expertise and
established legal processes.
Quotes:
• ”The bottom line is, hiring a property manager should make you more money after
you pay them these fees.” ~John
• "You should be getting bulk pricing or non-retail prices from a good property manager
because contractors know they're getting constant business from us.” ~John
• "In Seattle, professionally managed properties saw a 12% higher rental income
compared to self-managed properties over a two-year period.” ~Kyle
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week! -
Why Not Do It Yourself? Property Management
In this episode, John and Kyle dive into the critical question: "Why not do it myself?"
when it comes to managing rental properties. They explore the challenges and pitfalls
that individuals often face when attempting to manage properties on their own and
highlight the immense benefits of hiring professional property managers.
Throughout the discussion, Kyle and John emphasize the importance of building
wealth through real estate while maintaining a balance between financial success and
personal happiness. They underscore that while managing properties oneself might
seem cost-effective initially, it often results in higher long-term expenses due to
inefficiencies, emotional decisions, and missed growth opportunities.
Quotes:
• ”Why do you want to create a job? Did you buy a rental property so that you can have
a job?" - John
• ”Even if you do hate your job, at least you have more time with your family if you build
wealth through real estate or give you more freedom." - Kyle
• ”You need to focus on things that you should be doing yourself—like growing your
rental portfolio." - John
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week! -
Owners Accessing Their Rentals
In this episode, John and Kyle dive into the often-debated topic of property owners
accessing their rental properties. They explore the complexities of maintaining
professional boundaries, the emotional implications of personal involvement, and the
importance of a property manager's role as an intermediary.
The discussion opens with the concern over property owners personally visiting their
leased properties, an act that can blur professional lines and lead to emotional
decision-making. Kyle and John emphasize why it's crucial to maintain the 'veil'
between owners and tenants, drawing on frequent scenarios faced in their
management experiences. Delving into practical business reasoning and legal
liabilities, they offer compelling argument and advice on why owners should entrust
property managers to handle such visits.
Quotes:
• "We are the veil between emotion and emotional decisions and relationships that
cause emotional decisions. We are that veil." - Kyle
• "Emotional, fear-based decisions always cost you time and/or money. Very rarely
does it not cost you at least a little bit of money..." - John
• "Treat [rental property] like a business. Look at it like a business...you wouldn't walk
in one day and undermine what [a general manager] was doing and start making
changes." - John
You can listen to We Are TPM on any major podcast platform including Apple
Podcasts, Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week! -
Fear Of Rent Increases
In this episode, John and Kyle dive into the common but often mishandled issue that
landlords face: the fear of rent increases. Our hosts dive deep into the reasons behind
this fear and the consequences that arise from neglecting market rate adjustments.
The episode opens up a crucial dialogue for property owners about the emotional and
financial implications of effective rent management.
Kyle and John discuss the emotional factors that cause landlords to avoid raising rent,
such as avoiding conflict and fear of losing tenants. They dissect the repercussions of
such decisions, emphasizing how it detrimentally affects landlords’ returns and
potentially the property market itself. With a blend of humor and sternness, they
debunk the myths around rent increases and encourage landlords to approach their
investment with a rational and systems-based mindset.
Quotes:
• ”So it's really common when we talk to owners that have been marketing their own
properties to hear that, oh, I know that my rent is not where it should be because I've
had these tenants for a long time. They're really good people. I don't want to lose
tenants. So I've been afraid to raise their rent.”
• "They make decisions based in emotion and fear.”
• "You're likely going to lose that tenant because you just went from $1,000 to $1,500,
and they probably don't have an AC unit at the same time."
You can listen to We Are TPM on any major podcast platform including Apple
Podcasts, Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!