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Michael M.
  • Investor
  • Bronx, NY
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DIY Landlord 2 month vacation - Property manager?

Michael M.
  • Investor
  • Bronx, NY
Posted Oct 5 2020, 11:30

Small time landlords out there, when you go away, what do you do?

I have two 2 family houses in the same neighborhood (I live in one), and I want to leave the country for 2 months. 

I don't need a property manager when I'm here... and I'm wondering if I really need one while I am away for two months.  

I have a super that takes out the trash 3X per week, and I'm setting up a camera system.  Rent payment is done electronically and all my tenants pay on time.  I have a handyman who can fix pretty much anything if I give him a day or two notice.  My phone will work while I'm gone, so my tenants can get in touch with me if they need to and I can call repairmen from abroad if necessary.

Am I forgetting about anything major?  I'm always imagining that I need to be near my properties for them to function, but in reality I really don't need to do much very often.

In a situation like this, would you spring for a property manager for two months, or would you just wing it and hope for the best?

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