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Updated 10 months ago on . Most recent reply

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Nate LaBlance
  • Wichita, KS
3
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Relocating out of state; how do I show a property & get keys to tenants?

Nate LaBlance
  • Wichita, KS
Posted

Hi all, I've been housing hacking a duplex since 2021 and due to some life changes will be relocating out of state. Since I only own one property (duplex), I've been the property manager. I use the Rent Redi software to manage my tenants, so everything is done electronically. I've considered a property management company, but the cost just doesn't seem worth it although it would be convenient. I've also considered just flying back to town and showing it myself as it would be roughly the same cost to do that versus a property management company, if not a less. But that's obviously a very inconvenient option. Has anyone had any experience with this and happen to know a better way to show the property and get keys to tenants when your property is out of state? Or if you're not going to do it yourself, is a property management company the only way? Any insight is much appreciated!

  • Nate LaBlance
  • Most Popular Reply

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    Stuart Udis
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Attorney
    • Philadelphia
    2,009
    Votes |
    1,380
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    Stuart Udis
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Attorney
    • Philadelphia
    Replied

    Why not just hire a local real estate agent to handle leasing? There's no strings attached thereafter or need to agree to ongoing PM services. In Philadelphia where I am located the going rate for this service is 1 month's rent. I believe this is fairly standard across the board.

  • Stuart Udis
  • [email protected]
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