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Think a property manager just collects rent and fixes toilets? That's actually the smallest part of what we do. If you're constantly putting out fires, like tenant drama one day, contractor no-shows the next, city violation notices piling up, you're not just busy. You're exposed to four types of risk that are quietly draining your cash flow and peace of mind. In this video, I break down the 4 critical risks every Philadelphia and Delaware County landlord faces and how professional property management protects your investment and your sanity. I am joined by fellow real estate advisor, Samira Kiett (@houseofdejon on IG ) You'll discover: ✅ Why tenant screening goes way beyond credit checks (and what most landlords miss) ✅ The compliance traps that can cost you thousands in Philly and Delco ✅ How poor vendor management turns small repairs into emergency expenses ✅ The portfolio planning mistakes that keep you stuck and stressed This is Part 4 in our series: Grow Your Philly Rental Portfolio Without Self-Managing Part 1: The beliefs keeping you stuck in self-management: • 5 Mindsets That Keep Smart Landlords Stuck... Part 2: Three hidden income leaks costing you money: • 3 Smart Moves Philly Landlords Must Do Thi... Part 3: Five process mistakes even smart landlords make: • 5 Mistakes Even Smart Self-Managing Landlo... Whether you own one rental or ten, understanding these risks is the difference between a property that builds wealth and one that causes constant stress. Ready to evaluate how well you're managing these risks? Book a free Rental Income Strategy Session: https://dwoodsrealestate.com/pm-strat... ⭐️ Resources Recommended: 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-quest... DOWNLOAD THE 2024 MULTIFAMILY PHILADELPHIA REPORT 🗺️Discover the Best Neighborhoods to Buy Small Multifamilies in Philadelphia metro https://dwoodsrealestate.com/multifam... Get THE BUSY INVESTOR'S RENTAL PROPERTY PLAYBOOK 🗺️Go from “thinking about it” to buying rental properties: http://rentalportfolioempire.com 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: [email protected] 📆 Schedule a Complimentary New Investor Discovery Call: https://calendly.com/veronica-dwre/di... 📆Schedule a Rental Income Strategy Session (For Philadelphia and Delaware County landlords only): https://dwoodsrealestate.com/pm-strat... _________________________________________ 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 _________________________________________ Video Time Stamps: 0:00 - Why most landlords are managing the wrong things 2:35 - Tenant Risk: The costly screening mistakes that lead to problem tenants 8:32 - Compliance Risk: Philadelphia violations that can shut down your rental income 13:40 - Property Risk: Why cheap contractors cost you more in the long run 19:44 - Portfolio Risk: The financial planning blind spots keeping you stuck 25:30 - How a property manager becomes your business partner (not just a vendor)