Ask how they handle routine maintenance and emergencies and whether they have established relationships with cost-effective and reliable vendors.By focusing on these critical factors, you’ll be in a solid position to hire a property manager who can take the stress out of managing your rental property while helping you maximize your investment.If anyone has more specific questions, feel free to ask—I am happy to share more detailed advice!

When setting up a new PM relationship, is it typical for them to own the entirety of the airbnb listing? 

As a lender who specializes in financing for real estate investors, I understand the unique needs of the BRRRR strategy and can offer tailored solutions to fit your goals.Here’s how I can support you:Flexible Financing Options: Various loan products designed specifically for investors like you, allowing for quick access to funds for purchases and renovations without the stringent requirements of traditional lenders.Experience with BRRRR: Having worked with many investors using the BRRRR method, I can guide you through the financing process, ensuring you understand the best strategies for maximizing your returns.Quick Turnaround: With a streamlined application process and quick approvals, you can move fast when you find the right property.Personalized Support: I’m committed to building strong relationships with my clients.

*This post does not create a CPA-Client relationship.

Relationships are key in this industry.4.Analyze Markets: Whether it’s your local area or out-of-state, study the market’s potential for growth, rentability, and appreciation.5.Take Action: You don’t need to know everything to get started.

Regardless of direction, I’d like to build a relationship with a CPA to help with taxes and business set up in 2023.

My personal soapbox statement - Airbnb is an abusive spouse that slowly people are waking up to realize they are in a controling abusive relationship and they start to develop an escape plan (more platforms/direct website) so they are no longer relying on Airbnb.

I've built some great relationships on here.  

Recently, I have shifted my focus towards identifying property flipping opportunities in smaller markets in the SE, and I am enthusiastic about the prospect of forging new professional relationships and connections.

The good agents, PM's and lenders can pinpoint the risks and often do both in these forums and in their daily business but they are the minority (if you happen to have them in your rolodex,  hold on to those relationships, they will prove invaluable over time).