Property management can be a challenging task and it requires a lot of your time and effort to reach your goal in your real estate business. It’s not just taking care of your tenants and units but also making sure that you stay in the loop with new processes and rules.

In this episode, Aileen and her guest Colin Douthit talk about the importance of hiring property managers and how Colin’s Property Management Company and Construction Team helps investors and rental property owners in Kansas City in achieving their financial goals.

What You’ll Learn From This Episode:

• How Colin Started his Journey as a Real Estate Investor, Property Manager and How He Built His Portfolio 
• Mindset Shift from Fulltime W2 to Being an Entrepreneur
• Steps in Buying the Best Rental  Properties in Kansas City
• Building an Agreement between Property Management Team and Owners or Investors
• Reasons why Communication is Important between Property Management Team and Owners
• What Makes Colin’s Property Management Company Different from Other Management Companies 
• Processes, Rules, and Regulations in Developing a Connection with the Tenants
• Property Manager’s Challenges in Terms of Collecting Rents During Covid-19 
• Handling Differences in Opinions Between Property Managers and Owners
• Challenges that You may Encounter in Building and Growing a Property Management Company
• How Investing can Change your Life and Achieve Your Financial Success
• What is ‘Construction Loan’
• Building a Team and Using Technology for Property Management Business

Guest Bio:

Colin Douthit has a background as a professional Engineer and as a Real Estate Investor. He’s the owner of Atlas Property Management where he manages over 600 units. And most recently, he co-founded the construction company called Atlas Construction.