Empathy and Efficiency: Navigating Property Management with Derek Morton
In this episode of REIGN, the Real Estate Investor Growth Network, hosted by Jen Josey, guest Derek Morton, owner and principal broker of Net Gain Property Management Services, shares insights on optimizing real estate investments through smart hiring, firing, and automation strategies. Jen emphasizes the importance of creating a self-sustaining real estate business. Derek, with a deep commitment to supporting underserved communities, discusses his approach to providing housing solutions and maintaining empathy and effectiveness in property management. He highlights strategies to support tenants facing financial hardships and mental health challenges while still ensuring property owners' needs are met. The episode also delves into Derek's personal journey in real estate, his dedication to bettering tenant relations, and his innovative management practices.
00:00 Introduction to REIGN and Jen Josey
01:01 Badassery Bestowment: When to Hire, Fire, and Automate
03:28 Guest Introduction: Derek Morton
05:04 Derek's Journey into Real Estate
09:07 Balancing Empathy and Business in Property Management
17:39 Strategies for Maximizing Rental Returns
21:30 Choosing the Right Property Owners
22:30 Challenges with Property Owners
24:40 Improving Communication with Tenants
29:00 Supporting Tenants Facing Hardships
35:02 Derek's Personal Insights and Advice
40:05 Conclusion and Contact Information
Derek Morton is the Owner and Principal Broker of Netgain Property
Management Services, LLC, and a housing solutions advocate for
underserved communities. Derek is known for his innovative solutions to
housing challenges––such as finding private investors to purchase
housing for those coming out of homelessness and domestic violence
situations, partnering with local providers to increase mental health
access for tenants. Derek and his wife live with (Terre) their 3 children in
Iron County, Utah.
