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Updated over 4 years ago on . Most recent reply

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Lance Jorgenson
  • Investor
  • 84123
27
Votes |
50
Posts

Property Manager or Self manage?

Lance Jorgenson
  • Investor
  • 84123
Posted

I am interested to here if you Self Manage or have a property Manager manage your properties & Why you decided to do either or? 

Me personal I have a property manager run it mine. I don't have the time from my normal job, Family, & church responsibilities.  Also my property manager lets me know how other deals which gives me opportunities to investment in more properties.  It might be something I look at doing my one Self management down the road but with only 2 properties it is hard to justify the time. 

Most Popular Reply

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45
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38
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Stacey Mollinet
  • Investor
  • Layton, UT
38
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45
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Stacey Mollinet
  • Investor
  • Layton, UT
Replied

I self managed my two rentals that were close (within 15 minutes) and have a property manager for my properties that are far away (one two hours away and the others out of state). If you do the screening right so you have good tenants that pay rent on time, there’s not much to manage. There’s time needed up front to show it when it’s vacant. Once it’s rented though, there’s an occasional repair but not much to do normally. 

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