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Updated over 6 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Arlington
100
Votes |
162
Posts

Self-Manage Four-Plex 3 hours away - dumb idea?

Account Closed
  • Real Estate Agent
  • Arlington
Posted

I'm under contract for a four-plex that is 3 hours away from me. Tenants are long term Section 8. I have a very flexible work schedule and can be on site for inspections and check ins in short notice. I have a Section 8 property in Chicago and the management is worthless - I'm tired of it. I'd like to try self-managing this priperty. Dumb idea or worth considering?  Thanks.

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Replied

The right PM will make you money, even if property is only across town.

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