M for Manage: Landlording Made Simple

5-Minute PRIME: Bite-Sized Investing Insights

Making the jump from property buyer to property owner can be intimidating - especially if you’ve never handled tenants, midnight emergencies, or month-to-month operations.
In this episode of the 5-Minute PRIME Podcast, Martin Maxwell walks you through the “M for Manage” step, demonstrating how to keep your new investment running smoothly and profitably - even if you end up dealing with the occasional 2 a.m. phone call.

Here’s what you’ll learn:

• How to set competitive rent and attract reliable tenants (including tips on house hacking).
• Why establishing an SOP (Standard Operating Procedure) for emergencies and routine checkups preserves your property’s value.
• Strategies for scheduling CapEx, responding to late-night plumbing fiascos, and deciding if self-management or hiring a property manager is right for you.
• Practical ways to maintain strong tenant relationships, from initial listing to lease renewal.

Whether you’re overseeing your first single-family home or a multi-unit complex, these strategies will help you become a proactive landlord - reducing stress, boosting cash flow, and laying a solid foundation for future expansion.

Check out The PRIME Framework book on amazon and follow Martin on X at @maxbymartin for daily real estate insights and updates.

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