How to Self-Manage Rental Properties while working Full-Time

I currently manage 30 properties myself, and it takes very little of my time.

If you are thinking about getting a rental property, or have one or two, you should self-manage!

You will actually make a lot more money than just the 10% you save on property management.

Which is what I quickly realized when I switched to managing it myself during COVID.

You care a lot more about keeping expenses down and getting good tenants than your property manager ever will!

I share my tips to self-management in my newest video.

Here's two highlights.

Having the right criteria to screen your tenants probably makes you and saves you more money than anything else.

and

Using texting scripts during the listing process allows you to weed out bad applicants quickly and not waste time showing the property to people who can't afford your property and will stop paying rent.

My emphasis areas are:

Tenant screening with the correct rental criteria
How to approach repairs
Collecting rent and expertly handling late fees

https://richonmoney.com/self-management/

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