Protect Your Investment: How to Tell a Good Property Manager From a Bad One

Investing in real estate is similar to anything else. You purchase an asset, which generates a return. After a time you become fully capitalized and your return is all profit because your investment has been paid for. Real estate, however, unlike many other income generating investments, relies on a few key elements to ensure that the return keeps coming and the value of your investment isn’t diminished. The number one element is property management, and this is what I will talk about today.

When I first started investing in the U.S. real estate market, I was living in Australia. I had accumulated a large portfolio there and also purchased some property in other areas of the world as well. The investment potential was so good here in the States that I decided to sell out of my Australian portfolio and move to the U.S. I can absolutely say that it was one of the hardest moves that I’ve ever made, but well worth it in the long run, and I’m happy I’m here.

Read more from Engelo at BiggerPockets.

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