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The Mike Litton Experience

Why Every Landlord Needs a Property Manager | Mark Ainley on Saving Time, Money & Peace of Mind

The Mike Litton Experience

Mike Litton

Careers, Kids & Family, Business, Parenting

51.2K Ratings

🗓️ 25 September 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

🎙️ Welcome to The Mike Litton Experience! In this powerful episode, I sit down with seasoned real estate investor and property management expert Mark Ainley, co-founder of GC Realty & Development, to discuss why hiring a property manager is not just a luxury, but a necessity — especially if you value your time, sanity, and […]

Transcript

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0:00.0

And they keep changing.

0:01.6

Yes, yes.

0:02.3

Every year.

0:03.5

So you have 10, 12 big changes every single year, like monumental things that like Texas might get once a decade.

0:09.5

Yeah.

0:10.7

But yeah, that's what that those are probably the two big takeaways of what the really person that we serve as as a client.

0:17.2

It's a couple of the bigger things.

0:18.5

But the other big thing that I've really realized is property management is the least sexy part of real estate investing. And no one wants to do that. No one wants to deal with that. So I sold tons of stuff in the first. It was kind of cockamaney. I think back, but there wasn't really cash flow back then because the properties were too high and rents were really too low. So the values weren't that high, but rents were really low back then.

0:40.2

But what I would do is I come to you, Mike, and you might have a W-2 and just want to get out your own rat race and real estate investing. How do I get into it? I'd say, listen, I'm going to sell you this condo for for 100 grand, you're going to hold it for 18 months and we're going to sell it for 150.

0:55.1

And you're going to be upside down for 100 bucks or 150 bucks a month. But I'll make you the money. Like every time you hear of a horror story about a bad tenant or a dog that destroyed the place, there's always plenty of red flags in the beginning that everyone ignored. People want to blame real estate tenants, all this stuff. But you just skipped a bunch of things that you knew were there and you chose to ignore. Or you just stick the whole step of looking those things up. The whole 100% or extreme ownership type mentality about everything and anything. Buck stops with you. Yep. Yep. Almost, you know, people always ask me, how does things go and I would say, listen man every problem I have is either something

1:27.5

I haven't I created or I haven't dealt with yet so life's not bad I can I can control those

1:33.5

things did you know there's a technology that's actually an app on your phone that uses sound

1:38.4

waves to tell your brain what you want your brain to do we had a young man that was on a guest on our podcast, the Mike Litton Experience, who had a traumatic

1:46.9

brain injury.

1:47.8

He was sleeping three hours a night.

1:49.7

He's using Newcom now and he's sleeping more.

1:51.7

Go to Newcom.com, Mike 15 promo code.

1:55.5

Newcom promo code Mike 15 for an extra 15% off.

1:59.2

Go today.

2:00.5

Welcome to the Mike Litton Experience podcast.

2:04.4

Everyone has a story and our passion is to help them tell it.

2:09.2

Mike is passionate about being a father, a teacher, a realtor, an investor, and a leader.

...

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