Worth renting townhouse abroad with 8% management fee? ROI hit? Experience?

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  • #128223 Reply
    Azzedine

      Hi,
      Would like opinion regarding renting properties (townhouse with 2 separate units) while living abroad.

      Managing companies take 8 %. The ROI will take a hit. I would like to know what was your experience.

      Yes / No / worth it?

      #128224 Reply
      Johanan

        I haven’t done it yet, although I’m in the same spot. Planning to move temporarily to Argentina next year.

        I’m planning on self managing and then hiring tasks out to a realtor.

        I think the only big unknown for me so far is tenant move outs.

        #128225 Reply
        Farre

          Biggest issue is usually unruly tenants, especially if it’s a house or short-term rental agreement.

          That’s usually a bigger hit than the 8%.

          If you have trusted people in the area willing to look after the management for a fee, I’d trust people I know better.

          #128226 Reply
          John

            my experience wasn’t positive. I bought low and sold high but in the end didn’t make enough to be worth the bother.

            Not even close

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