All Forum Posts by: David Eskridge
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Post: Why Self Managing Investment Properties is CRAZY

David EskridgePosted
- Investor
- Louisville, KY
- Posts 1
- Votes 2
There is a third bucket: The hybrid method.
This is the bucket I prescribe to. I work full-time and I outsource all laborious and time consuming tasks to a property manager. For me, that is finding and screening tenants. I pay a property management company half of one month's rent to find a tenant. After they find a quality tenant, I manage the property. After finding a tenant, landlording is operational and on autopilot.
If the properties financials can support it (which I factor in during analysis), then outsource tasks so you can operate at the highest and best use of your time.