Pro’s Guide to Property Management: Work Less, Make More from Your Rentals!

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 12 March 2025

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube 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 Property Manager Finder 78 Questions To Ask A Property Manager Before Hiring Them Connect with Selali Connect with Dave (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

Transcript

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0:00.0	Would hiring a property manager cost you too much money, or would it actually make you more money?
0:06.1	Today, I'm going to talk to a real property manager for inside information on who needs a property manager,
0:12.4	how to ensure your property manager is working towards your goals as an investor, and which skills,
0:17.4	even self-managing landlords can use to increase their rents and reduce tenant turnover.
0:27.4	Hey, everyone, it's Dave. I'm the head of real estate investing here at Bigger Pockets, where we teach people how to achieve financial freedom through real estate investing.
0:35.7	And on this show, I'm going to help shed some
0:38.0	light on an area that can feel like a bit of a mystery box for some investors, property management.
0:44.6	The question of whether you need to hire a property manager can generate a lot of strong
0:50.1	opinions on both sides. So I want to go right to the source and talk to someone inside the
0:55.6	business who can give us some straight talk. So Lali Calivore is joining us on the show to do
1:00.7	just that. He's a property manager in the Seattle area and is also a real estate investor himself.
1:06.8	He's even worked in a couple other areas of the real estate industry. So he's really seeing the value of a great property manager from a bunch of different angles.
1:16.8	And today I'm going to ask Salali which vetting questions will reveal if a property manager can
1:22.0	actually execute on your business plan as an investor, the conversations you need to have
1:27.3	with your property manager to maximize investor, the conversations you need to have with your property
1:27.9	manager to maximize performance, and which professional property management techniques and
1:33.0	tricks you can probably learn yourself. And just as a reminder, before we start the conversation,
1:37.8	if you happen to be looking for a property manager, Bigger Pockets can help you find one.
1:42.6	Just go to BiggerPockets.com slash management and you can
1:45.5	find top rated professionals in the space. I've actually found property managers myself this way.
1:50.8	It's a great tool. With that, let's get into my conversation with Solali Calivore.
1:56.5	Sololi, welcome to the Bigger Pockets podcast. Thank you for being here.
	...

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