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Investing in Real Estate with Clayton Morris | Investing for Beginners

Should Your Property Manager Handle Repairs? - Episode 532

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.11.1K Ratings

🗓️ 9 October 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

When you’re a real estate investor, you’re going to have to deal with repairs from time to time. A great property management team will help manage the maintenance of repairs, but as the owner, you’ll still have to make financial decisions and take responsibility.

On this episode of Investing in Real Estate, Natali and I are sharing our experience with letting property management teams handle repairs. We’ll talk about getting second opinions, ensuring your quotes are reasonable, managing your expectations, and more. Don’t miss episode 532!

This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.

Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode532

Transcript

Click on a timestamp to play from that location

0:00.0

Should you let your property manager handle the repairs?

0:09.0

That's today's episode.

0:10.0

Let's dive into it.

0:11.0

Hey everyone, I'm Clayton Morris.

0:12.0

I'm Natalie Morris.

0:13.0

Long time real estate investors, this is the channel where we help you build financial

0:16.9

intelligence so you can build financial freedom.

0:19.7

That is the goal.

0:20.8

And today we want to talk about property managers.

0:23.0

I think property management is really maybe one of the most important parts of the entire

0:28.2

process, especially if you're going to be living remotely and having a property manager manage properties for you.

0:34.0

Right, so on this channel we try and share with you things that we are experiencing and

0:39.2

recently we had some issues letting a property manager handle the repair so we thought we

0:45.2

would share this not really as a like there's no yes or no question so if you

0:50.3

clicked play on this and you thought oh oh, should you, is there a yes or no?

0:55.0

There's not.

0:56.0

Actually, we're going to tell you the things to consider when making this choice and tell

1:01.6

you what we've experienced so that you can make more in. choice and

1:05.0

informed choices, that should be in choices for yourself.

1:09.0

That should be a word.

1:10.0

So I mean, look, we have a lot of property managers that we've worked with for many years our company Morris

1:16.6

Invest we have great property management teams that we've partnered with over the years and they do a fantastic job.

...

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