The Pros and Cons of Self-Managing Your Properties | PREI 340

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

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

4.6 • 968 Ratings

🗓️ 18 May 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn
0:05.2	how to build substantial passive income while creating wealth for the long term.
0:09.2	And now here's your host, Marco Santorelli.
0:12.3	Hello my friends and welcome to another. Now here's your host, Marco Santorelli.
0:13.2	Hello, my friends and welcome to another episode
0:15.6	of passive real estate investing.
0:17.2	I'm your host, Marco Santorelli,
0:19.5	and I am glad to have you back.
0:21.3	Today we're going to talk a little bit about the pros and the
0:23.9	cons of self-managing your rental properties. Some people do it, some people love it, other
0:29.2	people hate it, and they just want professional management. I actually know real estate investors who invest from
0:35.4	thousands of miles away, do it well, do it successfully, but it's their thing and it's not for everybody.
0:40.9	Maybe you have to have thick skin for it.
0:43.0	But it's really not that bad.
0:44.4	I've actually self-managed a few properties.
0:46.2	I prefer not to.
0:48.0	I would much rather spend my time elsewhere
0:50.4	and do other things, like find more deals and negotiate more deals, work on my business
0:56.1	and do whatever else I enjoy doing.
0:58.3	So we're going to talk a little bit about that today with my guest Steve White.
1:02.1	It'll be an interesting conversation. We went for
1:04.2	about 30 minutes talking about the ins and outs of managing your property. Now there's a
	...

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