How I Self-Manage 19 Rental Properties While Traveling the World
Rental properties are the fuel behind many investors’ financial independence. They've allowed thousands of landlords to reclaim their time freedom and travel, or live, abroad. One of those investors is Sarah Weaver, a nomadic real estate investor who self-manages close to twenty rental property units, all while hopping around central and South America. And yes, you read that right. Sarah doesn’t have any property management around to help her—she does it all herself! Sarah knows that she can’t be fixing toilets or painting walls while hiking up volcanoes and snorkeling in the pacific. She relies on a trusty list of vendors to do that for her. But what happens when an emergency comes up? What if a tenant can’t pay? How does she make sure that a vendor did the right job? Don’t worry, Sarah has all the tips and tricks that you need to know if you too want the passive income of real estate without the location commitment so many investors THINK it requires. Do you self-manage your rental properties, or do you outsource to a property manager? If you’re self-managing, what are some of your favorite fail-safes that keep your rentals rockin’ even while you’re not around? Let us know in the comments below! 00:00 Self-Manage from ANYWHERE 00:57 1. Build a Vendor List 02:23 2. Pick a Property Management Software 03:42 Medium-Term Rentals 05:54 3. Hire Quality Control 07:03 Become an Out-of-State Investor! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/m... ~~~~ Grab Sarah’s Book, “30-Day Stay”: https://store.biggerpockets.com/produ... ~~~~ Connect with Other Investors on the BiggerPockets Forums: https://www.biggerpockets.com/forums?... ~~~~ Check out Last Week’s Episode on Real Estate Due Diligence: • How to NOT Buy a BAD Deal When Out-of-Stat... ~~~~ Hear Sarah’s Full Interview on the “BiggerPockets Real Estate Podcast”: https://www.biggerpockets.com/blog/bi... ~~~~ What’s the Maximum Number of Self-Manageable Rentals? https://www.biggerpockets.com/blog/se... ~~~~ Tools Mentioned in This Video: Apartments.com: https://www.apartments.com/rental-man... Avail: https://info.avail.co/info/bigger-poc... Hospitable: https://hospitable.com/ KeyCheck: https://www.keycheck.com/ TenantCloud: https://www.tenantcloud.com/ ~~~~ Connect with Sarah on BiggerPockets: https://www.biggerpockets.com/users/s... ~~~~ Work with Sarah’s Team on Your Next Deal: https://www.sarahdweaver.com/ ~~~~ Follow Sarah on Instagram: @sarahdweaver or / sarahdweaver

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