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Updated over 10 years ago on . Most recent reply

Account Closed
  • Cleveland, OH
11
Votes |
27
Posts

Starting out question

Account Closed
  • Cleveland, OH
Posted

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 

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