All Forum Posts by: Reece Register

@Arsen what all does the 5% include?

The Tampa area is a really great area to invest in with that amount. Long distance investing can be overwhelming at times. You want to ask a PM company about their renewal rate. There are less expenses if you can keep a tenant long term vs a yearly turnover. What type of inspections will the PM do for you? Having a dedicated contact person also helps vs calling a call center. If the management company is more concerned about getting a contract signed vs the on going education you might need to look elsewhere. 

Rent It Network is a Tampa Bay based property management company. We specialize in high tech and high touch methods to provide top notch service to our investors and tenants. We have an over 90% renewal rate with tenants we place. You have a dedicated point of contact for your property to answer any questions or concerns you may have. Our approach to managing properties is very much the same approach an investor would take managing their own property. Our rental experience and knowing the market puts our properties on the market for an average of 28 days! Visit our website and see how we can work for you! Rentitnetwork.com

When is self managing too much? When do most investors decide to turn over property management to a company? What are some success stories about turning over properties from self management to property managers?