Primary to Rental Property

[Jasmine Thermitus]

Hello Everyone,

I recently moved from Boston to North Providence and purchased my first property. It has been a little over a year now.  I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental. I've done quite a bit of research on my own, but I’m curious to hear your thoughts on what might be the best approach.

Thank you in advance for your advice!

[Jonathan Greene]

Quote from @Jasmine Thermitus:

Hello Everyone,

I recently moved from Boston to North Providence and purchased my first property. It has been a little over a year now.  I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental. I've done quite a bit of research on my own, but I’m curious to hear your thoughts on what might be the best approach.

Thank you in advance for your advice!

How far away from the property will you be? I would say definitely do not in almost all cases because it's very easy to manage one property. Is it a single-family home or condo? Why spend 12% for someone to manage a property in good shape where you just collect rent and respond to an occasional need? Just make sure everything is updated and you will be able to manage it easily.