In our Replay this Sunday, we talk to Scott, a listener, who got a steal on a fixer-upper rental property. In our Horror Story, Kevin explains how he did a workaround to install new windows in a house lacking window headers. Our College segment today is dedicated to all residential real estate investors who self-manage their properties, and who are thinking that it might be wise to hire a professional property manager. Scott Abernathy, President-elect of the National Association of Residential Property Managers, provides a multiple-point rationale for a property management pro to take care of everything from screening potential renters, writing the lease, required maintenance, settling disputes and addressing legal issues when they arise. Bottom line: residential real estate investment is more complicated than ever. It pays to have a pro in your corner.
Podcast: Download (Duration: 46:12 — 84.7MB)
Tagged as: lease, maintenance, legal issues, residential real estate market, windows, rental property, property managers.