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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.
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!
On this episode you’ll learn:
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How competition can lower prices.
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The importance of being respectful of your property manager’s time.
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How bulk pricing works on repairs.
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The importance of nurturing your portfolio and understanding your responsibility.
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How to appropriately manage your expectations.
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And much more!
Episode Resources
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How to Find a Property Manager: 5 Tips
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