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General Landlording & Rental Properties

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Austin Hajjar
  • Seattle, WA
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Do I need a PM for an out of state 4-plex?

Austin Hajjar
  • Seattle, WA
Posted Apr 11 2014, 23:39

Hi BP Members,

I'm in the process of acquiring my first rental property. I am purchasing a 4plex in the Phoenix area and live in Los Angeles. Tenants have been there for 3+ years. Do I need a full time property managent company or can I use a handyman on retainer to handle the small things that come up monthly?

I do plan on making trips at least twice a year to the property.

Thoughts?

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