Are you happy with the current state of your real estate business? If you’re like most people, the answer is no. On today’s show, we interview property management superstar Jesse McCue and dig deep into how he’s became Maine’s top property manager as well as a successful RE investor along the way. Jesse shares how he formed a partnership with a successful business to become an owner of the company, as well as how he bought a 67-unit hotel off of a tip from his electrician for half of its appraised value! You’ll be amazed as he describes a strategy that is “better than BRRRR”—and most importantly, the number one question you need to ask a property manager to find out if they are the right choice for you. If you want to learn how to put fundamental business skills to work in your investment business, this is a show you do not want to miss!

In This Episode We Cover:

How Jesse was bitten by the real estate investing bug
How he turned around a property in 6 months that required 8 years of budgeted rehab money
The tactics he uses to hire people to help him scale his business
How he made himself invaluable to a rising star and formed the perfect partnership
The questions you need to ask a property manager to determine if they are a rockstar or a dud
Tips on buying a motel
The “better than BRRRR” strategy
And SO much more!

Links from the Show

Books Mentioned in this Show

4-Hour Work Week by Timothy Ferriss
The Book on Managing Rental Properties by Brandon Turner & Heather Turner
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Fire Round Questions

Tweetable Topics:

“When you know the people, you know what’s going on.” (Tweet This!)
“If you are unhappy, your systems are broken.” (Tweet This!)
“Do the things that make you feel light and not the things that make you feel heavy.” (Tweet This!)

Connect with Jesse

Learn more about your ad choices. Visit megaphone.fm/adchoices

294: Meet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCue 01:26:00

BiggerPockets Real Estate Podcast

Shownotes Transcript

PodQuest PodQuest Podcast Discovery Engine tailors playlist for your curiosity

294: Meet Property Management Extraordinaire, RE Investor & Hotel Owner Jesse McCue