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What a Mattress That Caught on Fire Taught Me About Self-Managing vs. Hiring it Out
I get this question a lot: When is it time to shift from self-managing your rental properties to hiring a property manager? The answer is not simple.
Author Doug Brien
Doug Brien
Doug Brien is endlessly curious about property management innovation and passionately committed to building solutions for the real estate arena. Prior to being Co-Founder & CEO of Mynd, he was CEO of Starwood Waypoint Homes, (NYSE: SWAY), and grew the company to 500+ staff members, managing over $3 billion in rental properties across the country. He was named Ernst & Young Entrepreneur of the Year in 2014, and Goldman Sachs Top 100 Most Innovative Entrepreneurs in 2012. Doug is a former NFL placekicker who won the Super Bowl XXIX championship as part of the San Francisco 49ers in 1994. When Doug’s not obsessing over real estate and challenging traditional, ineffective ways of managing properties at scale, he’s an avid meditator and philanthropist who enjoys tackling the slopes, off-roading on a mountain bike, or spending time with his wife and three children.
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Why Rental Property Owners Should Stop Being Afraid of Self-Showings
At first glance, the notion of allowing a prospective resident to tour a rental property on his or her own may seem reckless. Let’s take a closer look.