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
Let Us Know What You Thought of the Show!)
Ask Your Question on the BiggerPockets Forums)
Apply to Be a BiggerPockets Podcast Guest!)
Join the Future of Real Estate Investing with Fundrise)
Get Fast, Affordable Landlord Insurance with Steadily)
Save $100 on Real Estate’s Biggest Event of the Year, BPCon2025)
Grab the Book “The Self-Managing Landlord”)
Sign Up for the BiggerPocket Real Estate Newsletter)
78 Questions To Ask A Property Manager Before Hiring Them)
(00:00) Intro
(01:56) Becoming a Property Manager
(06:12) Picking a Property Manager
(11:09) Local vs. National Property Managers
(18:58) Best Managers Do This
(24:56) How to Self-Manage
(27:11) Know Your Property’s “Why”
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/real-estate-1094)
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).
Learn more about your ad choices. Visit megaphone.fm/adchoices)