Do I need a full property manager?

Question

Hey all, I'm a first time landlord in NorCal trying to navigate the rental industry. I chatted with some friends about property management options, but their rates make hitting positive cash flow a bit hard. My facebook feed then proceeded to show me Hemlane and Rentmarble, the former seems to mostly be software but with maintenance (software is cool, but not sure about the aspect of partnering with an agent for finding tenants), and the latter seems to be very new (product is compelling, but not sure about self touring?).

My question - does anyone have any experience with these kinds of hybrid solutions and how well they work? Are there any other ones that are in a similar space? Thanks!

My question - does anyone have any experience with these kinds of hybrid solutions and how well they work? Are there any other ones that are in a similar space? Thanks!

Spencer Lo · Answer

I ended up going with Marble and have had a good time the past couple months. They placed really quickly (~1.5 weeks) and everything has been smooth since there. Not really much to complain about here.

Omar Posada · Answer

I talked to Daniel from RentMarble and I liked the price and the fact that you can do everything thru an app which is what this world has become, asked him about cleaning and fixing the property once the tenant move out and they have people to do that, also said they place new tenants within 3 weeks using that smart lock technique, that's the only part that worries me.

So when I was ready to hire him and go with this company all of the sudden he dont reply to my messages or return the calls I set up, it's been over a week and still waiting for Daniel to answer, dont know what's going on

Bhoomaiah Patha · Answer

Hi, did you use rentmarble? Any feedback?

Padma Priya Gopalan · Answer

Did you try them out? Any feedback.