Yes David there can be some residuals to a PM company.

The current owner residue in the property.   

Hi everyone,Since we are very new to the real estate investing world, I need advise.if you would have 2 options:Option 1Get a duplex, no appreciation but good residual income – 15% cap rate, in a C- neighborhood – price $170 - Asbury Park AreaOption 2Get SFR, good neighborhood, waterfront, almost no rehabbing costs, appreciation value, 7% cap rate, - price $170 - Perth Amboy AreaWHAT WOULD YOU PICKMy financial adviser said that i can swing this without FHA loan by putting 50K down.

Now sometimes you have to work the J-O-B to get the freedom, but I keep my eye on the prize, passive residual income, otherwise known as Cash Flow.

Thank you Richard Beatty I will look into it for sure, I to am interested in residual cash flow through multi family households in Boston.

@Brian Garrett mentioned wholesaling and flipping but that doesn't check off as a passive residual strategy on my list, it's a job, even if it pays well if you do it right.IMO multifamily or self-storage value-add real estate are probably the most tangible and accessible (passive, residual) strategies for the laymen to generate wealth and high net-worth, "fast", whatever that means to anyone.

I would like to learn how to manage properties and gian residual incomes for real estate properties.

.$6.67 To remove the piece of duct tape and residue over the crack of the microwave exhaust cover we had placed.$3.33 To put a smoke detector back on the ceiling (We had finally removed it because no matter how many times we replaced the battery, we finally realized it was broken, we could never get it to stop the constant annoying chirping, And we forgot to put it back up before leaving)And the most ridiculous one of all…$20.00 To take our 2 trash cans to the curb along with the some extra bags of trash and old empty cardboard boxes.

but unless Ed and Jon are just "really slick" salesmen, I don't know WHY they would go out of their way to say they aren't "gurus," and only charge "one time opt- in" fees vs. the near CONSTANT "upgrades" (although I do see something very similar to Legrand's approach, on an older website that's still up, with Silver, gold, platinum, etc. type of "mentorship programs) and HOW exactly are they (otherwise) making "residual money" if NOT by helping others "do deals" and then taking 50% of the IGP???

The cost is so high the feds sometimes will not do a forfeiture on lower value homes if it looks like it needs rehabbed from meth residue.