Updated over 7 years ago on . Most recent reply
Is using a Property Management company worth it?
I'm new to RE Investing and I'm wanting to be an unseen owner. Meaning, I'll be working with a real estate team to find Anna purchase properties, but turn over the day-to-day to a property management company. Is this worth it, and is it even practical?
Thanks in advance for your feedback!
Most Popular Reply
Yes, especially if you don't want to be seen or have a large number of units. Once your scale reaches a certain point you may be able to hire a property manager (individual) instead of a property manager (company) which might be able to save you in terms of percentage of rent paid to a property manager.