You purchased a rental property. Congratulations! Now what? You don't make money if you don't have a tenant and you put yourself at risk of losing money if you don't select the right tenant. In this episode we explore how to best protect your assets once you've purchased them.
Experienced property manager Kelsey Maupome joins the show to share what every property owner should know. She shares tips and tricks for those who want to self manage their properties, including how to effectively (and legally) screen for tenants, why you should advertise your listing as "pets negotiable," what perks and amenities renters want and expect right now, and why you should never use the word "deposit."
For those who don't want to self-manage, Kelsey shares the differences between large and small property managers, how to identify red flags when interviewing potential managers, and what to expect for what you pay for.
