Navigating Property Management Challenges | 8min snip from BiggerPockets Real Estate Podcast

Get the app

Pro’s Guide to Property Management: Work Less, Make More from Your Rentals!

BiggerPockets Real Estate Podcast

chevron_right

notes

CHAPTER

Navigating Property Management Challenges

This chapter explores the intricacies of property management through a case study of a self-managing landlord facing occupancy issues. It underlines the necessity of professional management, effective communication, and strategic delegation to enhance property performance and achieve financial success.

00:00

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Property management can make or break your real estate portfolio, and most new investors don’t know where to start. Do you hire a property manager or self-manage your rental(s)? How do you know a property manager will ensure your rental is performing instead of just collecting a monthly fee? Should you use a local property management company or a national chain?

The real question: who will make YOU more money and keep your rental on track with your goals?

Want to spot an average property manager vs. one that builds your wealth? Follow Selali Kalevor’s advice. He’s not only a property manager himself but an “upside” investor as well, who knows what it takes to make not only his clients' properties perform but also his own. He shares the key questions to ask ANY property manager and must-know tips for self-managing rentals.

Plus, Dave and Selali describe the one thing that makes a property manager a massive value to rental property investors, and if your manager can’t do this, you might as well find a new one.

In This Episode We Cover:

Crucial questions to ask a property manager to see if they’re worth the fee

Hiring a local vs. national property management company (and what to check before you hire them)

The type of “manager” that will make you more money with less stress

Signs that you should (or shouldn’t) be managing your properties yourself

The #1 most important factor when hiring a property manager

And So Much More!

Links from the Show

Join BiggerPockets for FREE

Let Us Know What You Thought of the Show!

Ask Your Question on the BiggerPockets Forums

BiggerPockets YouTube