Hiring A Property Manager: Do's And Don'ts With Trent Collins
Manage episode 449967386 series 3563829
In this episode, property management expert Trent Collins reveals the essential strategies for turning your real estate investments into reliable passive income streams. With over two decades of experience, Trent breaks down how effective communication and solid reporting can transform your investment approach.
We dive deep into the often-overlooked aspects of property management—like interview techniques for hiring the right property manager, understanding services and fees, and navigating hidden costs. Trent shares his insider knowledge on managing up to 300 properties, offering actionable tips on team dynamics and ensuring that your management company is structured for long-term success.
Learn about the importance of inspections and how these can impact your bottom line, plus get expert advice on tenant management and emergency response strategies. Whether you're just starting out or have years of experience, this episode offers a roadmap for sustainable growth, from residential to commercial real estate.
Don’t miss out on the insights that can save you time, money, and potential headaches in your real estate journey. Tune in now for expert advice on minimizing risks and maximizing returns!
Find Trent Collins here:
https://livestg.com/
435-256-6260
livestgeorge@gmail.com
Find Du Charme Wealth Management here:
https://ducharmewealth.com/contact-us/
[00:00:00] Intro.
[00:09:21] Understanding Property Manager Services and Fees.
[00:16:30] Property Inspection Fees and Management Costs.
[00:20:15] Investment Property Advice and Pitfalls.
[00:25:28] Tenant Management and Screening Process.
[00:37:37] Emergency Property Management and Legal Compliance.
[00:49:13] Property Manager Legal and Risk Management.
[00:53:36] Long-Term Real Estate Investing Strategy.
[01:02:25] Real Estate Investment Diversification Strategy.
[01:09:45] Real Estate Investment Support and Guidance.
#propertymanagement #realestate #realestateinvesting #management #podcast #ducharmewealthmanagement #wealthmanagement #wealthbuilding
DISCLAIMER:
Information presented on this program is believed to be factual and up-to-date, but we do not
guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed. Discussions and answers to questions do not involve the rendering of personalized investment advice, but are limited to the dissemination of general information. A professional advisor should be consulted before implementing any of the options presented. Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
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