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General Landlording & Rental Properties

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Amine E.
  • Investor
  • Edmond, OK
56
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120
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Self-manage or hire a Prop management??

Amine E.
  • Investor
  • Edmond, OK
Posted Jun 25 2014, 09:48

Hello BP,

I currently have 5 rentals in the OKC/ Edmond area and closing on 6th next month. I have an opportunity to move to Austin with my employer and need to make a decision on whether to continue self-managing my rentals or hire a property management company. I have owned the rentals an average of 4 years and I average about 6-8 calls/ year (Minor repairs). All properties have new roof and updated heat and air with great tenants. I also have a good handyman that I trust and used many times (He can do everything except heat and Air). Austin, Tx is about 6 hours’ drive from OKC in case I have to drive back to fill vacancies or handle any emergencies. I am leaning towards continue self-managing. What would you do?

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