PM is needed for small condos?

1 Reply

Originally posted by @Hyun Don Yun :

Hi

Do I need to hire PM for a small condo (2bed/1bath)? If I hire PM (7%), cash flow becomes negative, but without PM, it is doable...

Any advice would be appreciated

 If its local I would not. There is not much upkeep required for a condo. Quality of tenant plays a role on that decision as well

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here