Updated over 8 years ago on . Most recent reply
Property management questions
For you landlords with multiple units of 2/3/4 plex, do y'all use property management or you do all the work yourself?
My plan is to buy a couple 2/3/4 plex with my VA loan or my 1031 exchange. I don't plan on getting a job for at least a year. Can I successfully manage two properties in my own?
What area do you guys (Dallas and surrounding suburbs)recommend if my budget is 600k for both units? Thank you for you time.
Currently selling my farm to make the big move to Dallas area
Most Popular Reply
Yes you can but you should think about your goals and if you have the temperment to be a landlord. From what I have read (and informally calculated at Apartment Communities I have worked at) is that it takes ~4 hrs/month per unit to manage. Starting out assume it will take longer. Also don't forget to buy factoring you will one day hire a Property Manager.