Updated over 11 years ago on . Most recent reply
Starting out question
Hello all,
I am new to the site and to real estate investing. I am not going to be investing soon as I am in my final year of college. Once I land my career and get a house, then I will be investing.
A question I have is what are the draw backs of using a property management company? I realize they take 7 to 9 percent monthly but doesn't that still leave you with a decent chunk of profit? And you won't have to worry about advertising, screening tenants, etc?
Once I start investing I would like to start with a small apartment of some sort. Please let me know what you guys think!
Thanks