General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

At what point does in-house management make sense?
I would like to have in-house management eventually but I can’t make the number work.
It’s always cheaper for me to hire a property management company unless I’m making $10+ million in revenue or something like that.
How does it cost people less to do it in house before that point?
a single PM employee costs $45k where I’m at. That’s how much I pay my PM company now to do everything for me.
Most Popular Reply

Even at 100+ units grossing $2 million a year it would cost around $70k for the management company plus you won’t have to supervise employees or rent office space.