BiggerPockets Real Estate Podcast Pro’s Guide to Property Management: Work Less, Make More from Your Rentals!
44 snips
Mar 12, 2025 
Selali Kalevor, a seasoned property manager and real estate investor in Seattle, shares invaluable insights on property management. He discusses whether to hire a property manager or self-manage, highlighting essential questions to assess their effectiveness. Selali emphasizes local vs. national management firms and the significance of choosing a manager who aligns with your financial goals. He reveals the critical factor that determines a property manager's value, ensuring your rental investments thrive with less stress and more profit.
AI Snips
Chapters
Books
Transcript
Episode notes
Questions to Ask Before Hiring
- Before hiring, ask yourself: risk tolerance, opportunity cost, and goals.
- Consider the time commitment of self-managing (40-70 hours/year).
Check Execution Ability
- Evaluate property managers based on their specific examples and data.
- Ask for comparable properties and how they achieved similar results.
Relationship Management
- Prioritize relationship and shared goals when choosing a manager.
- Discuss long-term plans and personal considerations openly.
