How to Choose the Right Property Management with Savannah Arroyo

How do real estate investors navigate the delicate balance between managing profitable properties and creating meaningful living experiences?   In this episode, Savannah Arroyo shares the realities of real estate investing, from their family-centered approach to multifamily properties to the intricate balance between managing financial outcomes and fostering quality living spaces. She discusses the shift from single-family to multifamily investments, the teamwork in syndication, and the value of trusted property management. Angel and Savannah also explore the importance of personal connections, reputation, and due diligence in the real estate business, shedding light on what it takes to succeed in this competitive field.     [00:01 - 04:20] Relationships Over Numbers The importance of focusing on relationships over metrics The collaborative nature of real estate, particularly syndication The importance of trust in partnerships, especially between family members   [04:21 - 08:04] From Homes to Investments The mindset shift required when moving from single-family to multifamily investments Managing expectations in Airbnb rentals versus traditional rentals The role of due diligence and involving expert teams   [08:05 - 12:14] Navigating Out-of-State Investments Savannah's approach to investing out-of-state, particularly in Oregon They explore the role of family connections in out-of-state investments The need for reliable property management is emphasized   [12:15 - 16:10] Vetting the Right Property Managers Angel and Savannah discuss criteria for selecting property managers The role of intuition in hiring decisions The impact of communication style on property management   [16:11 - 19:43] Building Trust and Raising Capital The challenges of capital raising without an established track record She shares insights into building trust through personal branding and reputation Using the skill sets from healthcare and parenting to inspire investor confidence       Key Quotes:   "For us, it's about giving people a place to live, but with multifamily, we're also running a business that provides housing." - Angel Williams   "People trust us not just because of our real estate record, but because of who we are outside of it—how we approach life and work." - Savannah Arroyo       Connect with Savannah:   LinkedIn: https://www.linkedin.com/in/savannah-arroyo/     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing.    Head over to our Facebook Page, YouTube channel, or website  https://www.theacademypresents.com/jointhesummit36848306.