Episode 248: Is Self-Managing Tenant Finding Worth the Time and Cost?

In this episode, Simon delves into the tenant-finding process. He compares the real costs of self-managing tenant finding versus hiring an agent. Simon covers both cash expenses and time investment. Simon outlines tasks such as advertising, tenant inquiries, viewings, and referencing, providing a detailed breakdown of his time spent. Also learn about the tools and technology that help with self-managed tenant finding.. Episode links: Episode 221 - more in-depth on self marketing for tenants. OpenRent for advertising and referencing. PaTMa for managing compliance and documentation. Savvycal for scheduling viewings. Or Cal.com / Google Calendar appointment schedule. Toggl for time tracking. Visum. Join our email newsletter for a free weekly property market report. Find us on YouTube or LinkedIn: Simon. Subscribe to The Business of Property podcast on Spotify, iTunes, and all podcast platforms. Please leave a rating and review if you're enjoying the show. This podcast is produced in association with PaTMa, the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Get your FREE account today.

Om Podcasten

The Business of Property follows the journey of two entrepreneurs working in the property world. Stuart is a property investor with a focus on HMOs, mostly for the student market. He prefers a hands-off approach with most of his investment properties being remote. Simon has a small portfolio of vanilla buy-to-let properties that he mostly self-manages. To make his property management easier he created Property and Tenant Manager (https://www.patma.co.uk/). Simon and Stuart, along with guests, discuss the ups and downs they're experiencing in their property businesses. Along the way they share property news, business tips and anything else that happens to crop up their weekly chats. Popular episodes include: Getting started in property (https://www.thebusinessofproperty.com/59) - the first in a mini series discussing topics to consider when starting in property investment. Property investment terms (https://www.thebusinessofproperty.com/12) - great if you're just getting started in property and need some help understanding the common jargon. Property strategy terms (https://www.thebusinessofproperty.com/13) - another jargon busting episode that's great if you're early in your property journey or considering changing your property strategy. Less property but relevant to everyone is a discussion on time management (https://www.thebusinessofproperty.com/10). Last but not least are a couple of episodes that talk about angel investing (https://www.thebusinessofproperty.com/14) and property finance (https://www.thebusinessofproperty.com/15) more widely.