[Farris]

Manage it yourself, PM companies rip off owners and by no means is this business “passive”. It’s a business.

One house you won’t have to do much at all and it’s a waste of money to hand it off.

I self managed until 300 units then I started added staff.

You can do 1 very very easily.

[Mindi]

Be a DIY landlord for a few years so you learn the processes, then hire a PM if you so desire.

[Scott]

If it’s local. Do it yourself and make sure you are very picky with who you lease to.

If it’s remote, hire a property manager.

If you do it yourself, you need to be a handyman or know one who can respond within 24hrs.

[Josh]

I agree, DIY is the way to go at first if you’re local to the property. I use Rentredi as my software and it works great so far.

Just remember to log your expenses associated with your property for tax deductions in the future.

Also it’s a plus if you have a degree from YouTube university to be handy.

[Aubrae]

4plex house hack in a good neighborhood if possible. Manage yourself for first year at least to build up a decent reserve.

[Bryan]

if you are working a full time job, use a property manager. no question.

there are good ones and bad ones. do your homework.

[Robert]

A good property manager is worth their weight in gold. I live in the same area as my rentals, and I still use a property manager….because she does an excellent job.

[Maranda]

Bigger pockets has good free resources. Follow their FB group and real estate for rookies is also a good one.

I did my research before and used their calculator to run numbers.

You want an 8-12% ROI.

I self manage and have had zero issues.

I just read up a lot on what to include in lease etc.

We also bought new construction in a good area.

[Author]

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