Working With & Vetting Property Managers With Colin Douthit #4

30:33
 
Share
 

Manage episode 306240666 series 2997766
By Justin. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In episode #4, We talk with Colin Douthit with Atlas Property Management & Atlas Construction.

We talk about asset management and how investors and owners can make sure they get the most out of their property managers & how to vet property managers to make sure your passive investment is in good hands.

Also learn how you can benefit from a property manager that also has a construction business attached to their company.

Time-Stamped Show Notes:

[00:01] Overview
[00:53] Colin’s background
[03:25] How Colin grew his property management company in the early stages
[04:08] Some mistakes Colin has made in the past with property management
[06:11] Colin’s experience with seller financing
[07:00] Having a construction company along with property management, and how it impacts owners
[09:25] The way owners save by hiring a property manager with a contracting business
[10:20] A warning about underwriting a value-add property
[12:01] Questions that out of state investors need to ask their property manager
[14:06] Valuing property managers on price
[16:03] How property managers can earn their price premiums
[18:01] When to bring on a property manager in the buying process
[21:06] How to earn a property manager’s trust as a new investor
[24:22] What does it take to be a good client for a property manager?
[26:43] Some of the biggest mistakes Colin sees owners make
[29:45] How to get in touch with Colin

  • Sign Up For Our Free Newsletter where we cover the latest in Stocks & Crypto, Multifamily, and the Nation’s Economy:

https://perpetualwealthcapital.com/newsletter-signup/

  • If you like our content, please give us a rating on the platform you’re listening on!

Have a property in Kansas City, St Louis, Columbus, or Cincinnati?

Connect With Colin: colin@atlas.rentals

Atlas Property Management: https://atlas.rentals/

40 episodes