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Passive Real Estate Investing

How to Self-Manage Your Properties | PREI 027

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6 β€’ 968 Ratings

πŸ—“οΈ 4 December 2015

⏱️ 55 minutes

🧾️ Download transcript

Summary

In this episode we discuss the considerations and process for self-managing your rental properties. Can it be done?Β  Many people self-manage – even from thousands of miles away. Our guest is Lucas Hall, the Chief Landlordologist at Cozy, and the founder of Landlordology.com. He has been a successful landlord for over 10 years, self-managing dozens of happy tenants. Some of the topics we discuss include: Why did you choose to self-manage over hiring a professional manager? How should an investor decide whether to self-manage or hire a property manager? What are the pros and cons? What is your management process? How can the free tool at Cozy.co help a landlord? What tips can you share for self-managing landlords? If you missed our last episode, be sure to listen to Property Management Secrets with Brenton Hayden. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you

0:05.0

learn how to build substantial passive income while creating wealth for the long term.

0:09.0

And now here's your host, Marco Santorelli.

0:13.0

Welcome to Passive Real Estate Investing.

0:15.0

I'm your host, Marco Santorelli.

0:17.0

Today show is about self-managing your properties

0:20.0

and how do you go about doing that.

0:21.0

Most of our clients manage their properties through a professional property management company that we have in every market that we have properties in and often we'll have two to three professional management companies that work with us through our referral network.

0:38.0

However, there are some investors that prefer to manage their own properties.

0:42.0

So last week I had an episode that prefer to manage their own properties.

0:42.6

So last week I had an episode about managing properties

0:46.7

through professional management and I had Brent and Hayden

0:49.7

from Renters Warehouse on.

0:51.5

And that was a great episode episode there was a lot of good

0:53.4

information covered in that one but that was centered around using a professional

0:57.6

manager so this week I wanted to bring on a guest who is the chief landlordologist at a company called Cozy, but he's also the

1:07.6

founder of a website known as Landlordology.com and that

1:15.0

is a community of real estate investors who self-manage and it's chock full of great information

1:19.0

that covers everything from qualifying and screening tenants to finding tenants to evictions and whatnot.

1:26.0

So I brought on Lucas who is the founder of Landlordology to talk about how he goes about self-managing and going through the process and I asked

1:35.4

them various questions to try and get into some tactical items and the how-tos, not just

1:41.0

what to look for, but how to actually do it.

...

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