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Updated about 2 years ago on . Most recent reply

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Jason Malabute
  • Accountant
  • Los Angeles, CA
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if you inherited an apartment building

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

if you inherited an apartment building and you were hellbent on managing it yourself... where would you run to get your questions answered every time you had a problem with the property? (besides Biggerpockets)

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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
Replied

@Jason Malabute

I would hire a property management company short term, and try to learn their systems. If I like the company, I may consider hiring them. I can always take over the property once I feel comfortable that I've learned enough

I would also consider hiring a consultant, or join a FB/mentorship group that teaches property management.

There are two ways to learn: On the street, and in the classroom. I've done both, and the street is a lot more expensive.

Gino

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