125: Self-Managing Properties to Running a Property Management Company with Colin Douthit
125: Self-Managing Properties to Running a Property Management Company with Colin Douthit

125: Self-Managing Properties to Running a Property Management Company with Colin Douthit

Pat Dake

24 min
Business & Finance
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<p>I am passionate about the real estate world and work in it in three different ways. &nbsp;First, I was an investor. &nbsp;Next, I started a property management company called Atlas Property Management. &nbsp;Most recently I co-founded a construction company called Atlas Construction.<br> <br> In my first 18 months in real estate, I was able to acquire ownership or ownership stake in 65+ doors while self-managing them. &nbsp;This led me to start a property management company. &nbsp;Atlas Property Management is currently managing over 600 units and on track to be over 850 units by the end of 2020. &nbsp;Atlas Construction which was founded in 2020 will do $1M+ in rehab this year.<br> <br> During college, I played football while gaining 3 engineering degrees leading me to a career as a professional engineer. Realizing that it wasn’t for me, I made the decision to leave the corporate world after 7 years, and start investing in real estate.<br> <br> Today, when I’m not helping clients with their buy and hold investments, I enjoy helping others through sharing my faith. I am a husband and father of 2.</p> <p><strong>(00:01-03:29) Opening Segment</strong></p> <p>- Introduction of the host into the show</p> <p>- Alpesh introduces the guest of the show, Colin&nbsp;</p> <p>- Colin shared something interesting about himself</p> <p><br></p> <p><strong>(03:30-21:40) Real Estate Investing Journey and Self-Managing Properties to Running a Property Management Company</strong></p> <p>- How Colin started investing in real estate?</p> <p>- What was going through Colin's mind when he decided to self-manage his properties?</p> <p>- How did Colin grow in self-managing his properties?</p> <p>- System and Process Colin Set-up</p> <p>- Software Colin use in self-managing properties</p> <p>- Is self-managing properties recommendable if you invest in your backyard?</p> <p>- Why Colin started a property management company</p> <p>- The time Colin decided to build a property management company</p> <p>- Changes in investment criteria after

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