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Updated over 9 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Alex Shipp
  • Memphis, TN
3
Votes |
16
Posts

Managing a property out of town?

Alex Shipp
  • Memphis, TN
Posted

I'm thinking about taking a job out of state and renting my house out. I know it would be a lot easier to hand my property over to a property manager but was wondering since this is my only property if it's possible or adivisable to rent out my property while I live in another state? 

My main reason is to save on the 10% management fee. I could lower the rent to attract a quality tenant that would still get me more money than had I used a manager. Any thoughts? 

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