Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

86
Posts
16
Votes
Sebastian Roy
Pro Member
  • Real Estate Agent
  • Southwick, MA
16
Votes |
86
Posts

owner managing rental properties

Sebastian Roy
Pro Member
  • Real Estate Agent
  • Southwick, MA
Posted Oct 16 2019, 15:48

Hello everyone, I am beginning the home buying process for my first home. I'm going to buy a 2-4 unit building and live in it but I am looking for advice as to whether or not I should manage the property myself or use a tenant manager / property management company. I'm assuming I should manage it myself because I will be living there but I'm still unsure. I do work 8+ hours a day mon. - fri. and am not capable of communicating with tenants at work except during my 30 min. lunchbreak. I've read that many people successfully self manage properties and work full time, and I've also read by many that they don't get many phone calls from tenants (depending on the tenant). 

A couple specific questions I have are: is it bad for tenant relations to not be available for 8+ hours a day, and if not how to handle their problems?

Lastly, If you were planning on going on vacation, what would you do to take care of your tenants needs while you are away?

Any advice or past experiences would be appreciated!

Thank you, Sebastian.

Loading replies...