62: Managing Tenants For Maximum Profit & Minimal Stress with Phil Dwyer

Episode • Mar 20, 2014 • 1h 18m

Managing tenants can be a real pain.

Trust me.

However, on this episode of the BiggerPockets Podcastwe sit down with a full time property manager to talk about the business of managing tenants – and discover ways to make it easier and more profitable for YOU.

Today Phil Dwyer from the Las Vegas area shares with us his story of becoming a real estate appraiser and transitioning to a successful property manager. In addition, we also discuss the best strategies for finding and managing the best property managers.

If you have any rental properties – or ever plan to – this is a “don’t miss” episode!

In This Show, We Cover:

Dealing with FHA buyers
Where to buy – appreciating areas vs. declining areas
Finding a great property manager
Why Phil chose Vegas to build his business
Getting started by working a job in real estate
The most difficult part of investment property management?
How to know if you are getting ripped off from your management company.
The #1 best way to know how your tenant will act for you
“What Would You Do” questions for Phil
Red flags for tenants
Dealing with pets in a rental
Single family vs. Multifamily Investments
What property management software Phil uses
And so much more!

Links from the Show

Books Mentioned in the Show

Landlording on Autopilot by Mike Butler
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Connect with Phillip

Phillip’s BiggerPockets Profile
Phillip’s Website: VegasDigs.com

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