How to Hire the Right Property Manager

In this episode, I break down how to hire a great property manager — someone who protects your investment, keeps your units occupied, and saves you from the headaches that sink new investors. I walk through what property managers actually do, what their fees should look like, and when it makes sense to hand over the keys instead of managing yourself. You’ll also hear the questions I ask every PM before hiring and the red flags that tell me to walk away. If you’ve been self-managing or struggling to scale your rental portfolio, this episode will give you a clear framework for finding and vetting the right property manager. From interviewing tips to understanding contracts and handling legal curveballs, you’ll walk away ready to make smarter, more confident management decisions.   Timestamps (00:00) Welcome + intro (01:18) What property managers actually do (02:59) Vacancy math: price vs. speed (03:36) Understanding fees and management costs (06:31) Handling legal curveballs and tenant issues (08:08) How to interview and vet your property manager (10:06) Red flags + final takeaways About the Show On the Military Millionaire Podcast, I share real conversations with service members, veterans, and their families. Each week, we explore how to build wealth through personal finance, entrepreneurship, and real estate investing. Resources & Links Download a free copy of my book: https://www.frommilitarytomillionaire.com/free-book Sign up for free webinar trainings: https://www.frommilitarytomillionaire.com/register Join our investor list: https://www.frommilitarytomillionaire.com/investors Apply for The War Room Mastermind: https://www.frommilitarytomillionaire.com/mastermind-application Get an intro to recommended VA agents/lenders: https://www.frommilitarytomillionaire.com/va-realtor Guide to raising capital: https://www.frommilitarytomillionaire.com/capital-raising-guide   Connect with David Pere Facebook Group: https://www.facebook.com/groups/militarymillionaire YouTube Channel: https://www.youtube.com/@Frommilitarytomillionaire?sub_confirmation=1 Instagram: https://www.instagram.com/frommilitarytomillionaire/ LinkedIn: https://www.linkedin.com/in/david-pere/ X (Twitter): https://x.com/militaryrei TikTok: https://www.tiktok.com/@militarymillionaire