Passive Income Through Multifamily Real Estate

Why would someone start their own property management company instead of just hiring a third party? Today’s guest, Colin Douthit has some answers. Colin is the founder and owner of Atlas Property Management, has been in the real estate space for just three years, and already manages over 360 doors, with another hundred in the pipeline. In this episode, we talk about why Colin decided to start his own property management company, and the pros and cons of doing do versus hiring a third party. He explains some of the challenges, standard operating procedures, and tools he uses, as well as some tips about what owners can do to partner with property management companies to make it a little easier for both parties. Don’t miss this episode!Key Points From This Episode:Colin introduces himself and explains how he got into real estate as an investor.The pros and cons of starting your own management company versus hiring a third party.Inversely, why someone would hire a third party versus starting their own company.Som