Long distance landlord needs help deciding...
Hello:
I recently moved to Texas from Connecticut but my properties obviously did not. I had my brother doing property management but that will be ending after this month. I am really struggling to decide whether or not to:
- Hire a full time property manager. I have heard a lot of horror stories and giving up 10% is not a huge turn on.
- Manage it myself but find someone to show vacant rooms and fix leaking sinks.
- Do somewhat of a hybrid. For example, securepayone.
I like things done a certain way and am not good at giving up full control. I have a few properties in CT but the ones that would potentially need management are in New Britain. I am also looking to buy more properties soon, so the issue of scaling is important.
Any help or insight would be much appreciated!
-Ryan