Is My Property Management Company Stealing My Rent?

Property management is a crucial part of your real estate investing business. They make repairs, take tenant calls, and most importantly, collect rent. But what happens when your property manager stops contacting you, forgets to send signed leases, and doesn’t send you your rent checks? When is it time to start worrying and how do you go about asking a property manager for your money back?

Welcome back to Seeing Greene, where your expert investor, agent, lender, and podcast host, David Greene, answers some of the most commonly asked real estate investing questions. In this episode, we take both video and written submissions and throw them at Dave to get his time-tested take. You’ll hear questions like, whether to pursue a business or buy rental properties, when to sell an investment property to reinvest profits, how to look for joint venture partners, and what to do when you’re concerned about your property manager’s performance.

Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

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Join BiggerPockets for FREE:
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Ask David Your Real Estate Investing Question:
https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none
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Get Your Tickets to BPCon2022:
https://www.biggerpockets.com/conference?utm_source=youtube&utm_medium=description&utm_campaign=none
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5 Red Flags to Watch For When Hiring a Property Manager:
https://www.biggerpockets.com/blog/2013-10-31-red-flags-hiring-property-manager?utm_source=youtube&utm_medium=description&utm_campaign=none
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Stay Tuned for Our Upcoming Episode with Ed Mylett:
https://www.biggerpockets.com/blog/real-estate-620?utm_source=youtube&utm_medium=description&utm_campaign=none
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Subscribe to David’s Channel on YouTube:
https://www.youtube.com/c/DavidGreeneRealEstate
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Attend a David Greene Meetup:
https://www.davidgreenemeetups.com/welcome
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
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Connect with David on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none

Episode 618

Show notes at: https://www.biggerpockets.com/blog/real-estate-618?utm_source=youtube&utm_medium=description&utm_campaign=none

00:00 Intro
02:32 Quick Tip
03:48 Build a Business or Buy Real Estate?
08:55 When to Reinvest Rental Property Profits
14:02 What to Look for in a JV Partner
16:15 Questions from The Comment Section
19:28 Increasing Your "Financeability" When Self-Employed
24:57 Is My Property Manager Skimming Off the Top?
29:31 How to Prioritize Property Repairs
36:53 Get Your Tickets for BPCon2022!
38:32 How to Find Long-Term Private Lending
41:04 Ask David Your Question!