property management Archives - Passive Income MD

Displaying 8 Posts categorized under property management

Ways You Can Use AI to Automate Property Management

5 Ways You Can Use AI to Automate Property Management

Imagine a world where property management runs like clockwork. No more late nights spent sifting through applications, chasing overdue rent, or fielding repetitive tenant questions. Artificial intelligence (AI) is making this vision a reality, transforming the once super-tiring world of property management into a streamlined and efficient operation. How? And can anyone do it without […]

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Exploring Top 10 Real Estate Investment Opportunities for Physicians in 2023

Exploring Top 10 Real Estate Investment Opportunities for Physicians in 2023

In the ever-evolving landscape of real estate, change is the norm. As we navigate cycles of growth and transition, opportunities emerge, creating pathways for investors who are attentive and well-informed. For those with a history in real estate investing, the anticipation of these shifts has been a familiar theme. Cycles bring about change, and with […]

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How to Find a Great Property Management Company to Work With

How to Find a Great Property Management Company to Work With

For many of us seeking financial freedom, our ultimate goal is the freedom to spend our time how we want. If you’re earning money through rental properties, one of the best ways to protect your time is to hire a property manager. A good property manager can handle all the intricacies involved in rental property […]

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Should you manage your own rental property? Passive Income MD thinks not, especially if you're a physician! Pictured is a pair of hans, on holding a pen, another holding a set of keys, with a calculator and some paper on the table. The keys have a house keychain attached. This image is featured in a blog post on Passive Income, M.D. Enjoy!

Should You Manage Your Own Rental Properties?

When it comes to income, the term “passive” exists on a sliding scale. Very few things are truly passive (meaning you put in zero work and receive income in return). Take, for example, one of my favorite subjects: producing income from owning rental properties. The IRS considers this income to be “passive,” but in reality, […]

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Worst Financial Decisions

My Worst Financial Decisions of 2019

Well, we’ve reached the end of another year, and as such, it’s a good idea to take inventory of how things went both personally and financially. It’s important to note the victories, but it’s just as important to see the places where I could’ve improved. To some, they might be seen as failures. But I […]

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How Much Time Does It Take To Manage My Own Properties?

Physicians are busy people. Simply juggling work and family can be tricky enough, but when you add business ventures and investments, it can seem nearly impossible to do it all.  I’m often asked how I balance being a physician and father, while still having time to run and manage a real estate portfolio.  In fact, […]

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landlord property manager real estate

8 Essential Traits of a Good Property Manager

One of the biggest mental barriers to buying and owning rental property is the perceived work that comes along with it. How many of us have heard stories of a landlord being awakened in the middle of the night (and on a weekend) to respond to a tenant’s clogged toilet? We’re busy professionals and we […]

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Don’t Make These 5 Landlord Mistakes

Some of you have messaged to let me know you’ve taken the plunge and bought a rental property as a first-time real estate investor. I can’t tell you how excited that makes me feel. The idea that more physicians are finding ways to create passive income on their way to financial freedom is awesome. Some […]

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