How to Hire the Right Property Manager│What do Great Property Managers Do?

Thinking about hiring a property manager in Philadelphia or suburban Delaware County but not sure if it’s the right move—or how to find someone you can actually trust with your investment? In this video, I break down exactly what a professional property manager does and how to evaluate whether the one you're interviewing is equipped to protect your Philadelphia property and your bottom line. Whether you own one rental or you’re scaling a full portfolio, choosing the right property manager can make or break your real estate experience. I’ll walk you through the major responsibilities a property manager should handle—from tenant screening and rent collection to legal compliance and keeping your maintenance on track. Plus, I’ll share the questions you must ask before signing a contract and the common red flags to avoid (hint: the cheapest option isn't always the best one). You’ll also hear why trusting your gut matters and how to balance giving up control without losing oversight of your investment. 0:00 Overview 01:38 Who can be a property manager in Philadelphia and the suburbs? 02:57 Top reasons to hire a property manager 05:18 What are you hiring professional property managers to do 08:03 Q1: What is the company’s experience? 09:07 Q2: How does company handle major processes? 10:19 Q3: What services will the company not do? 11:10 Q4: How will they communicate with you? 11:31 Q5: Who will be your primary contact? 12:08 Q6: What are the company's expectations for you? 12:54 Mistakes to avoid when selecting the right property manager 14:38 Following your gut If you’re an investor in Philadelphia or Delaware County PA looking to build a more profitable, stress-free rental portfolio, you're in the right place. Get THE BUSY INVESTOR'S RENTAL PROPERTY PLAYBOOK 🗺️Go from “thinking about it” to buying rental properties: http://rentalportfolioempire.com DOWNLOAD THE ULTIMATE REAL ESTATE INVESTOR'S READINESS CHECKLIST 📓Ask yourself the right questions early to avoid making 5- or 6-Figure mistakes while building your rental property portfolio: https://dwoodsrealestate.com/21-questions-investors DOWNLOAD THE 2024 MULTIFAMILY PHILADELPHIA REPORT 🗺️Discover the Best Neighborhoods to Buy Small Multifamilies in Philadelphia metro https://dwoodsrealestate.com/multifamily_2022 WANT TO JOIN OUR INVESTOR-FRIENDLY TEAM? Get more info: https://dwoodsrealestate.com/team Let's chat about buying, selling, or managing Philadelphia real estate: 👉Call us: (610) 872-7926 Email: veronica@dwoodsrealestate.com 📆 New Investor Discovery Call: https://calendly.com/veronica-dwre/discovery-call Must watch playlists: 🏘️Check out our investor playlist: https://rebrand.ly/newinvestors 💲Check out our seller playlist: https://rebrand.ly/Phillyhomeowners WANT TO JOIN OUR INVESTOR-FRIENDLY TEAM? Get more info: https://dwoodsrealestate.com/team Get More tips: 📨If you want to get more real estate wisdom beyond the videos, sign up for my email list (sent 2x a month): https://dwoodsrealestate.com/subscribe About Veronica Woods I am proud to have had the chance to work with my dad, Daniel Woods, and continue the legacy of Daniel Woods Real Estate, where we have been advising clients in the Philadelphia area since 1987. I am a natural connector who loves matching buyers and sellers, foodies with restaurants, and those in need of professional/career introductions. My passion is to help more people use real estate to create wealth, build a legacy, and design the lifestyle of their dreams. Veronica Woods Daniel Woods Real Estate PA License RM425707 Thank you for watching: How to Hire the Right Property Manager│What do Great Property Managers Do? #realestateinvesting #rentalproperties #propertyinvesting #realestatefinancing #cashflow #investmenttips #philadelphiarealestate #passiveincome #financialfreedom #Landlordtips #delawarecountypa