Is it possible to manage long term rental remotely
I have invested remote properties for buy & hold in GA, I’m wondering if it’s possible to manage on my own ? Or is it possible to have property manager only to help rent out during turn over, once tenant moves in, I can build a local team and manage on my own. I saw people do remote management for short term rental, wondering if this can be also applicable for a remote long term rental.
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Michael Smythe
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Property Manager
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Michael Smythe
#3 Classifieds Contributor
Property Manager
#3 Classifieds Contributor
- Real Estate Agent
- Metro Detroit
in our opinion, it depends on the Property Class/Tenant.
Class A: most people can DIY manage and learn what they need to know on the fly.
Class B: A bit harder, takes more time and there's more risk with maintenance and tenants.
Class C: should only be attempted by EXPERIENCED landlords! Too many moving parts that can break.
Class D: good luck, even with a PMC.
- Michael Smythe
Logical Property Management
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