FAQ – Frequently Asked Questions

Educational Investment Overview


Licensing includes:

  • ONE-TIME LICENSE FEE: $25K
  • The BLUE KEY AFFILIATE ADVANTAGE PROPERTY MANAGEMENT PROGRAM: FREE
  • The BLUE KEY ADVANTAGE QUICK-START GUIDE: FREE
  • 40- HOURS CONSULTING TIME with AMANDA KAY: FREE
  • YOUR COMPANY LISTED on the BLUE KEY WEB SITE: FREE*

And USE of the BLUE KEY PROPERTY MANAGEMENT TRADEMARKS, COPYRIGHTED MATERIAL and other INTELLECTUAL PROPERTY

Other Fees & Requirements

  • Blue Key Affiliate Annual Renewal Fee: $100 Per Month ($1,200/Yearly)
  • WORKING CAPITAL: $5K – $10K +

Important Note

* As long as a Blue Key Advantage Affiliate adheres to the Licensing Agreement TERMS and pays the annual renewal fee, they will be able to access all Blue Key information; Continuing Education; and Tips from Blue Key Advantage, as well as keep their name and contact information on the Blue Key Property Management website.

FAQ


All/
General/
Management/

YES! Explosive growth is expected over the next decade!

Investors know time is money, if they are growing a real estate portfolio, they generally don’t have time to take on the many daunting tasks involved in keeping their asset(s) stable. Employing a Property Management company provides owners a way to take a ‘hands off’ approach that allows them to focus on the most important thing – the bottom line and future acquisitions. It also shifts some of their risk by adding an extra layer of protection between the owner and the tenants. Management companies do far more than collect rent and the fruits of their efforts are seen on the owner’s monthly statements and annual distributions. When assets are managed well, this provides an equitable position for the owner over time in which they can borrow against, leverage, or exchange up for more income.

YES! Regardless of the market, price fluctuations, and economic changes, rent is collected every month, in every city, across the nation. Once a portfolio is established, the amount of management fees predictably goes up, year-after-year and unlike many other businesses, the more you manage, the more you get to manage. In fact, your business may grow to a level where discernment will be key, and you may even choose to turn down some owners and properties that don’t meet your standards.

When done correctly, the answer is, NO! Property management companies are held to strict national and state laws that require civil codes to be followed – it is possible to be a fair, ‘mediator’ and ‘advocate’ for the owner at the same time if the laws are simply adhered to. The landlords provide a service to the tenants by upkeeping the property, handling maintenance repairs, and capital improvement projects, and generally offer a pleasant place to call ‘home’ in exchange for ‘fair market rent’ which is determined by supply and demand in the geographical are the property is located. Although some states claim to be more tenant, or landlord friendly, all states must adhere to the landlord-tenant laws.

You can absolutely specialize, and you probably should. Some people favor the small stuff, single family homes, condos and individual owners with one rental asset while others prefer to take only multi-family buildings exceeding one hundred units or more and some take everything in between, the up-and-coming investors which is a sweet spot that is currently growing in the industry. Those duplex and fourplex owners may one day exchange up to a sixteen unit or more building which in some states will require an onsite manager. In addition to that, some may want to focus on commercial or retail space only and deal with businesses who sign five or more-year leases while others may choose to specialize in vacation rentals.

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