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Hustle Humbly Podcast

203: Property Management How To's

Hustle Humbly Podcast

Alissa Jenkins & Katy Caldwell

Entrepreneurship, Business

4.9914 Ratings

🗓️ 26 June 2023

⏱️ 68 minutes

🧾️ Download transcript

Summary

Property management is one of the most requested topics we get—and for good reason.

It's complicated, it's system-heavy, and honestly… it's not for the faint of heart. 😅

So we brought back Matt (our very first guest!) to walk us through real, behind-the-scenes property management how-to's—from tenant screening to maintenance to handling HOAs and everything in between.

Matt shares how he built a scalable property management business, why most agents shouldn't treat it like a side hustle, and what it really takes to do it WELL.

If you've ever thought about adding property management to your business (or just want to better understand how it works), this episode is packed with practical insight and real-life stories.

Here's what we cover:

- How Matt got started managing 100+ units right out of the gate  
- Why property management requires systems—not just hustle  
- The biggest mistakes agents make when trying to "dabble" in management  
- How to screen tenants using a scoring system (not gut feelings)  
- Why owners should stay OUT of tenant decisions  
- Software tools that streamline everything (AppFolio, Tenant Turner, LeadSimple)  
- How to handle maintenance requests efficiently (and avoid unnecessary costs)  
- The truth about HOA management (and why it's not for everyone)  
- How to structure pricing beyond the traditional 10% model  
- What makes property management scalable and profitable  
- The challenges of balancing tenants, owners, and expectations  
- Why consistency, communication, and documentation matter  
- Real stories from the field (including situations you can't make up 😳)  
- How legislation and fair housing laws impact your day-to-day  
- Why relationships with agents matter in property management  

Matt also shares how being involved at the state level helps him stay ahead of legal changes that directly impact landlords and property managers.

If you've been curious about property management—or wondering if it's worth adding to your business—this episode will give you a very real look at what it takes.

Leave us a review at http://ratethispodcast.com/hustlehumbly  

Get your FREE Database Template: http://hustlehumblypodcast.com/starthere  

Email Templates 101: http://emailtemplates101.com  

Agent Systems 101: http://agentsystems101.com  

All Resources: http://hustlehumblypodcast.com  

Submit your topic ideas and toasts to Team@HustleHumblyPodcast.com  

Music:  
Straight A's by Connor Price → https://connorprice.shop/  
The Good Life by Summer Kennedy → https://soundcloud.com/summerkennedy/the-good-life  
Be The One by Matrika → https://uppbeat.io/t/matrika/be-the-one  

Transcript

Click on a timestamp to play from that location

0:00.0

Nobody wants to drive there, Matt.

0:03.3

Stop it.

0:03.9

Nobody wants to drive there.

0:06.7

He's going to be the governor someday.

0:08.5

Oh.

0:09.6

You don't say.

0:12.7

I can't wait for the first alligator to be a service at him.

0:16.2

Right.

0:18.3

How come you can find cocaine in a cereal box, but you can't find the ketchup in the fridge?

0:26.6

Do you happen to be on Main Street?

0:29.1

He's like, how do you know that?

0:30.7

And I call them out, I'm like, yeah.

0:32.3

He's there.

0:33.8

Yeah.

0:36.1

Hi, y'all.

0:37.0

Welcome to Hustle Humbly.

0:38.1

It's Alyssa and Katie, and we are two top-producing realtors in the Baton Rouge market.

0:42.1

We work for two different companies where we should be competitors, but we have chosen

0:45.5

community over competition.

0:47.1

The goal of our podcast is to encourage you to find your own way in business.

0:50.8

So stop comparing yourself and start embracing your strengths.

0:54.6

Hi, Alyssa. Hey, Katie. Welcome Matt. Hey. Hey. Hey, I like that was really good. Hey.

...

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