23: Leveraging Property Management with Kevin Patterson

Send us Fan MailThe episode featured Kevin Patterson, CEO of  RentSource Corporation, a property management company operating in several states. He emphasized that property management is often overlooked in real estate investments but is a vital aspect of successful property ownership.Kevin offered advice to investors, suggesting that unless they aspire to own a property management company in the long term, they should outsource property management. Property management should be viewed as a business from the moment a property becomes a rental.He shared insights on how to find a trustworthy property manager, including checking online reviews and consulting other investors. In property management, it's essential to strike a balance between serving both tenant's and owners' interests, as it involves adherence to various laws.Furthermore, Kevin discussed the differences in managing multifamily properties and the legal requirements surrounding this area, highlighting that his company handles multifamily properties up to 16 units, beyond which an on-site manager is typically required.This episode provided valuable insights into property management and the importance of finding the right property manager for real estate investors.Connect with Kevin:https://www.facebook.com/kevin.patterson.7146Support the show🎧 Enjoyed this episode? Don't forget to hit the like button and subscribe to Property Prophets for more valuable insights and captivating conversations with real estate experts. Your support means the world to us! Follow Travis on social media for even more Real Estate Advice: www.facebook.com/travis.wells.7587Instagram :  / travisclaywells  ​TikTok: / travisclaywells  ​Linkedin: / traviscwells