• Episode 244. Third-Party Property Management EXPOSED: How to Protect Your Profits, Screen Like a Pro, and Choose a Killer PM

  • Apr 7 2025
  • Length: 17 mins
  • Podcast

Episode 244. Third-Party Property Management EXPOSED: How to Protect Your Profits, Screen Like a Pro, and Choose a Killer PM

  • Summary

  • Think managing your own rentals is saving you money? Think again. In this raw, no-holds-barred episode, Nico pulls back the curtain on third-party property management—and why it can be the key to scaling your multifamily business or the trapdoor that kills your cash flow.

    Whether you own 10 units or 100, this episode is packed with hard-won insights on:

    ✅ The real cost of self-management
    ✅ When to outsource and when to go in-house
    ✅ EXACTLY what to ask when interviewing a property manager
    ✅ Red flags to watch out for before it’s too late
    ✅ How to set KPIs, enforce accountability, and protect your NOI
    ✅ The truth about tenant screening, leasing efficiency, and turn costs

    If you’re ready to build an empire—not babysit toilets—this is your tactical guide to finding, vetting, and partnering with the kind of property manager who thinks like an asset manager.

    This episode is real talk from someone in the trenches, not fluff from the sidelines.

    📢 Quote of the episode:
    "You don’t build empires by fixing toilets—you build empires by building systems, teams, and partnerships."

    Resources Mentioned:

    • AppFolio Property Management Software
    • Obligo (Security Deposit Alternative)
    • KPI Tracking for Property Managers
    • Questions to Ask Before Hiring a PM
    • Nico’s Credibility Kit ➜ www.smallaxecommunities.com

    🎯 Want more real estate truth bombs?
    Subscribe to The Small Axe Podcast and never miss an episode that helps you grow your portfolio, your income, and your freedom.

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