Property Managers - Making Money? Please Chime In

[Danny Day]

Just wondering who all on here owns their own property management company. It seems like a fairly decent job to do on the side.

I've been showing houses around the Houston area, and have spoke with a broker who manages about 35 properties in my area. Seems like its a very leveraged job as far as time goes.

Can anyone chime in with their experience, or how well they are doing with this? I've been thinking about venturing into this side of the business, but would like to hear some feedback first.

Please note: I am talking about managing SFRs only. Not for apartment complexes. The idea of residuals every month seem more appealing to me.

Could you also break down a sample pay structure as well?

Thanks in advance

Danny