Navigating Property Management Concerns

This chapter addresses a listener's worries about potential mishandling of rental income by a property manager, emphasizing direct communication and legal considerations. It also explores the prioritization of property repairs based on urgency and investment return, highlighting the importance of realistic standards for property maintenance.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent checks? When is it time to start worrying and how do you go about asking a property manager for your money back?

Welcome back to Seeing Greene, where your expert investor, agent, lender, and podcast host, David Greene, answers some of the most commonly asked real estate investing questions. In this episode, we take both video and written submissions and throw them at Dave to get his time-tested take. You’ll hear questions like, whether to pursue a business or buy rental properties, when to sell an investment property to reinvest profits, how to look for joint venture partners, and what to do when you’re concerned about your property manager’s performance.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

In This Episode We Cover:

When to start a business or buy a rental property (and how to do both)

Why ROE (return on equity) beats ROI (return on investment) in 2022

What to ask a potential partner to see if they’re a good fit for a joint venture deal

How to score lower interest rates on mortgages as a self-employed investor

When and which rental property repairs to prioritize after a home inspection

What to do when you suspect a property manager may be skimming off the top

And So Much More!

Links from the Show

BiggerPockets Youtube Channel

BiggerPockets Forums

BiggerPockets Pro Membership