618: Seeing Greene: Is My Property Manager Skimming Off the Top?

Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent checks? When is it time to start worrying and how do you go about asking a property manager for your money back? Welcome back to Seeing Greene, where your expert investor, agent, lender, and podcast host, David Greene, answers some of the most commonly asked real estate investing questions. In this episode, we take both video and written submissions and throw them at Dave to get his time-tested take. You’ll hear questions like, whether to pursue a business or buy rental properties, when to sell an investment property to reinvest profits, how to look for joint venture partners, and what to do when you’re concerned about your property manager’s performance.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: When to start a business or buy a rental property (and how to do both) Why ROE (return on equity) beats ROI (return on investment) in 2022 What to ask a potential partner to see if they’re a good fit for a joint venture deal How to score lower interest rates on mortgages as a self-employed investor  When and which rental property repairs to prioritize after a home inspection  What to do when you suspect a property manager may be skimming off the top And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Get Your Tickets to BPCon2022 Stay Tuned for Our Upcoming Episode with Ed Mylett Attend a David Greene Meetup 5 Red Flags to Watch For When Hiring a Property Manager David’s Instagram David’s BiggerPockets Profile Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-618

Episode 618 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "618: Seeing Greene: Is My Property Manager Skimming Off the Top?" was published on June 5, 2022 and runs 46 minutes.

June 5, 2022 ·46m · BiggerPockets Real Estate Podcast

Summary

Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent checks? When is it time to start worrying and how do you go about asking a property manager for your money back? Welcome back to Seeing Greene, where your expert investor, agent, lender, and podcast host, David Greene, answers some of the most commonly asked real estate investing questions. In this episode, we take both video and written submissions and throw them at Dave to get his time-tested take. You’ll hear questions like, whether to pursue a business or buy rental properties, when to sell an investment property to reinvest profits, how to look for joint venture partners, and what to do when you’re concerned about your property manager’s performance.  Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!  In This Episode We Cover: When to start a business or buy a rental property (and how to do both) Why ROE (return on equity) beats ROI (return on investment) in 2022 What to ask a potential partner to see if they’re a good fit for a joint venture deal How to score lower interest rates on mortgages as a self-employed investor  When and which rental property repairs to prioritize after a home inspection  What to do when you suspect a property manager may be skimming off the top And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Get Your Tickets to BPCon2022 Stay Tuned for Our Upcoming Episode with Ed Mylett Attend a David Greene Meetup 5 Red Flags to Watch For When Hiring a Property Manager David’s Instagram David’s BiggerPockets Profile Book Mentioned in the Show Long-Distance Real Estate Investing by David Greene Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-618 Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description