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Updated almost 13 years ago,
hiring prop managers on MF
I presume that I can remain a passive investor in multifamily...are management fees similar percentagewise to SFR and 2-4 unit?
Also, if a building is of he size that it needs a resident manager, can I have a management company take care of that, so I can avoid the hassle of hiring actual W2 employees?? And...does that increase or decrease management fees?