All Forum Posts by: Mason Weiss

There is no distance limit on how far you can be from your property and self manage. You will run into the same challenges being 45 minutes or 45 hours away from the property. So long as you are educated and prepared, don't shy away from self managing your first investment and learning the process of being a landlord.  

Hey Raju, I would try Airbnb and roomatefinder.com. As with most rental strategies, you are going to need to conduct trial and error tests on multiple platforms in order to see what works best in your market. 

Definitely a viable strategy starting now in any market where there is strong economic demand. I would encourage you to read 30 day stay if you haven't already!

Your tenant base for an MTR that requires a minimum 6 month stay is small. You are better off trying to find a long term tenant. If you need a PM recommendation I have one for you that I utilize for all investors I work with in Arizona. Shoot me a PM if interested. 

I would test demand of the whole property on zillow or furnished finder and see what interest there is from tenants. You can do this now so you have a confident strategy come November.

Atlas Real Estate Property Management covers Kansas City and they manage section 8 housing. I have worked with them in Arizona so I assume it would be the same in Kansas City.

This is definitely normal. If you can have your living expenses be less than what they would be renting a primary residence I see it as a big win.

Hey @Travis Bohling, we cover utilities including internet in our monthly rate. It is easier for the owner and the tenant. 

For furnishings, we try and limit all concerns to over $25 items. No need to negatively impact the guest experience over one dish or mug.