Hiring FT or PT

[Dustin Horner]

Hello everyone,

This is a few years off for me, but I was wondering when someone would decide that hiring a FT employee to manage a property (and potentially FT maintenance) would make sense? For example, if a person owned an apartment with 10+ units, would it be better to outsource everything to a property management company? Or, would it be beneficial to hire an employee to handle day to day tasks? Obviously, cash flow would have to be such that you could absorb a salary, but it seems it might be better to have someone trained by the owner who is present for everyone in the building as necessary.

Thank you all for your thoughts!

Dustin Horner 

[Drew Sygit]

@Dustin Horner 10 units probably won't even cover PT.

Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.