Starting a Property Management Company to Service Your Rentals

[Kyle W.]

I can't seem to find much information on this. I'm curious what you guys think. Is it a good idea to own more of the real estate business by having your own property management company to service your rentals?

Ex. - Start out with 3 or more rental properties and do everything yourself as the owner and sole employee of your property management company. Then, as you increase your rental properties, hire more help until you have a property management company that works to service your rental properties.

Perhaps you could decide to open yourself to other people's rentals, or you could sell the company pnce you've built a name for yourself if you want to move onto bigger/better things.