Updated over 5 years ago on . Most recent reply
Use a PM to find a tenant vs DIY
Greetings. I have a single family home that I want to rent. Using a PM to manage the property isnt preferred (because I'll only break even, literally). My plan was to just use a PM to find a tenant (and they'll take the 1st months rent as payment). Im uncertain if I should use the PM for this or search for a tenant myself? I literally wouldnt know where to start.
Thanks
Derek
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- Real Estate Broker
- 3412 S. Harlem Avenue Riverside, IL 60546
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@Derek Andrews if you are going to self manage then you absolutely should place the tenant yourself. I still manage 32 doors out of 58 here in the Berwyn and Cicero area, and I can tell you that the LAST piece I will give up is leasing. If you get a great tenant, it solves 90% of your problems in this business.