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Updated about 7 years ago on . Most recent reply

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9
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Jason McMahan
  • Rental Property Investor
  • Royse City, TX
3
Votes |
9
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Is using a Property Management company worth it?

Jason McMahan
  • Rental Property Investor
  • Royse City, TX
Posted
I'm new to RE Investing and I'm wanting to be an unseen owner. Meaning, I'll be working with a real estate team to find Anna purchase properties, but turn over the day-to-day to a property management company. Is this worth it, and is it even practical? Thanks in advance for your feedback!

Most Popular Reply

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6,241
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Aaron K.
  • Specialist
  • Riverside, CA
3,800
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6,241
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

Yes, especially if you don't want to be seen or have a large number of units.  Once your scale reaches a certain point you may be able to hire a property manager (individual) instead of a property manager (company) which might be able to save you in terms of percentage of rent paid to a property manager.

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