In this episode we discuss the considerations and process for self-managing your rental properties.  Can it be done?  Many people self-manage - even from thousands of miles away.

Our guest is Lucas Hall, the Chief Landlordologist at Cozy, and the founder of Landlordology.com.  He has been a successful landlord for over 10 years, self-managing dozens of happy tenants.

Some of the topics we discuss include:

Why did you choose to self-manage over hiring a professional manager?
How should an investor decide whether to self-manage or hire a property manager?
What are the pros and cons?
What is your management process?
How can the free tool at Cozy.co help a landlord?
What tips can you share for self-managing landlords?

If you missed our last episode, be sure to listen to Property Management Secrets with Brenton Hayden.

Enjoy the show!

- - - - - - -

Download your FREE copy of:
The Ultimate Guide to Passive Real Estate Investing.

Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.

See all our available Turnkey Investment Properties.

Please give us a RATING & REVIEW   (Thank you!)

SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed


How to Self-Manage Your Properties
Today’s show is about self-managing your properties and how do you go about doing that. Most of our clients manage their properties through a professional property management company that we have in every market that we have properties in. Often, we’ll have two to three professional management companies that work with us through our referral network. However, there are some investors that prefer to manage their own properties. Last week, I had an episode about managing properties through professional management. I had Brenton Hayden from Renters Warehouse on. That was a great episode. There was a lot of good information covered in that one. That was centered around using a professional manager.

This week, I wanted to bring on a guest who is the Chief Landlordologist at a company called Cozy. He’s also the founder of a website known as Landlordology.com. That website is a community of real estate investors who self-manage. It’s chock-full of great information that covers everything from qualifying and screening tenants to finding tenants, to evictions and whatnot. I brought on Lucas who is the founder of Landlordology to talk about how he goes about self-managing and going through the process. I asked him various questions to try and get into some tactical items and the how-to’s, not just what to look for but how to actually do it.

Hopefully, you’ll appreciate this episode and get a lot out of it. If you have any questions about what we cover, don’t hesitate to reach out to Lucas. He’s a very, very nice guy. This is what he does all day long. He answers questions about self-managing property and how to do it, what tools are out there and he blogs about it.

It’s my pleasure to welcome Lucas Hall to the show. Lucas is the Chief Landlordologist at Cozy and the founder of Landlordology.com. He has been a successful landlord for over ten years, self-managing dozens of happy tenants. Lucas, welcome to the show.

Thanks for having me.

To give people a sense of geography, why don’t you tell them where you’re located?

I’m located at the DC Metro region in Northern Virginia.

That’s a pretty pricey real estate market there, isn’t it?

It is. As a real estate investor, it does make it somewhat difficult just to pick up properties on a weekend. I have to put in a little more planning.

I know you self-manage all your properties which is what the topic of the show is about. Are all your properties located locally or are they out of state?

Both, I should say. They’re located in Northern Virginia, DC. I have one in Colorado.

Just briefly tell us how you got started in real estate investing because a lot of people who invest,