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Passive Real Estate Investing

Investing Secrets: Questions to Ask Your Out-of-State Property Manager

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

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

4.8 • 953 Ratings

🗓️ 29 April 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

CLICK HERE FOR THE SHOWNOTES This conversation explores the journey of real estate investing, with a focus on out-of-state strategies, the value of mentorship, and lessons learned through experience. It covers how to build a successful rental portfolio, emphasizing the importance of understanding local neighborhoods and partnering with dependable property managers. The discussion introduces the "three P's" of investing: property, process, and people, offering practical advice for making informed decisions. It also delves into the essentials of effective property management, including the need for clear expectations, open communication, and recognizing warning signs of poor management. The importance of trust, proactive involvement, and education in managing rental properties is highlighted. Overall, the conversation stresses the key role that relationships—with both tenants and property managers—play in creating a successful real estate investment experience.   Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW   (Thank you!) SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed  If you missed our last episode, be sure to listen to TBT: How To Build A Powerful Credit Profile ---------------------------------------------------------------------------------------------------------------- #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties #NoradaRealEstateInvestments #NoradaCapitalManagement

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

0:09.7

And now, here's your host, Marco Santorelli.

0:13.0

I'm Melissa Nash, real estate investor, mama of four, and the creator of a seven-figure rental portfolio built one property at a time.

0:22.5

And now I help other investors do the same.

0:25.6

This is about designing a life that you don't need a vacation from.

0:29.1

This is her real estate life,

0:30.8

and your freedom story starts right now.

0:33.7

I will be your host for today's episode.

0:36.3

Let's get into the good stuff.

0:38.2

Hello, Michael. I am so glad to have you here today. Hi, Melissa. How are you? I'm doing great.

0:44.2

How are you? Great, great, great, great. Wonderful. So, for everybody listening who does not know this

0:51.1

voice and who is Michael, you have helped thousands of investors build

0:55.9

wealth with rental properties, especially in the indie market. And I know my listeners are going

1:01.7

to get so much out of your experience. So for those of you tuning in who have not met Michael

1:07.6

yet, he's been an entrepreneur for over 20 years with a serious track record

1:13.0

in real estate, stock market investing, and building multiple streams of passive income. He has

1:19.8

been a part of 1,100 real estate transactions, worked with clients using everything from IRAs,

1:27.1

1031 exchanges,

1:28.6

and has helped investors from all over the world build cash flowing portfolios.

1:34.5

And if that isn't enough, he is a husband, an adventure racer.

1:39.5

We'll have to talk about that.

1:41.1

Yeah.

...

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