389: Rookie Reply: How to Find a Property Manager & Set up Rentals Out of State

Property management is a key component of real estate investing that can make or break your cash flow . Of course, every rookie investor could benefit from having a great property manager on board, but in a competitive market , how do you convince a reputable company to manage YOUR rental property ? Welcome back to another Rookie Reply ! In today’s episode, we cover not only property management but also out-of-state investing and whether it’s ever a wise decision to change investing strategies from afar. Buying a new property but don’t have an eye for interior design ? We’ll show you how to lean into your team and make your rental stand out . We even talk about “haunted” houses ! Should you buy one and embrace its eerie history, or run far, far away? Tune in to find out! If you want Ashley and Tony to answer a real estate question, you can submit a question here , post in the Real Estate Rookie Facebook Group , or call us at the Rookie Request Line (1-888-5-ROOKIE). In This Episode We Cover: How to land a GREAT property manager in a competitive market Standing out from the competition with your rental property design How to set up a rental property while investing out of state Why banking and lending relationships are crucial for new investors How to change investing strategies with out-of-state properties Whether buying a “haunted” house is ever a smart investment And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! ‘Building’ Wealth as a 24-Year-Old with 12 New Construction Projects The Step-by-Step Guide to Flipping Houses and High-ROI Home Renovationsw/ James Dainard 6 Expert Tips for Out-of-State Real Estate Investing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-389 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices